Investments in NPS qualify for tax exemption to INR 2 lakhs under Section 80C, and 80CCD of the Income Tax Act, 1961. Upon maturity, only 60% of the accumulated money can be withdrawn. The remaining 40% is used to buy an annuity. The entire 60% amount is tax-free in the hands of...
Learn to invest in an equity-linked savings scheme that primarily invests in the stock market or Equity. It is eligible for tax deduction under income tax act.
RBI believes that a bank has reached a Point of Non Viability, these bonds can be written off. (In case of Yes Bank- The balance sheet did not reflect the erosion of Capital at the time when these bonds were been written off. The matter is with courts) ...
Indeed, evidence from a fair amount of empirical research has shown that topic or focusing can facilitate pronoun resolution. Studies on the effect of topic have been careful to tease apart topicality from subjecthood, as subjecthood is also a prominence-lending cue for candidate antecedents of a...
Tax saving is the prime reason for ELSS being the great choice as an investment option. Investment to the extent of Rs. 1.5 Lakhs annually in ELSS qualifies for the tax deduction under section 80C of the Income Tax Act, 1961. However, you can invest any amount in ELSS, as such there ...