National Pension Scheme (NPS) is an initiative taken by the central government. Is it an easily accessible, low cost, tax-efficient, flexible, and portable retirement savings account. These schemes encourage you to invest regularly for your retirement account at an early age when you are employed or working. Under National Pension Scheme (NPS), the individual...
Continue readingRelief & Changes in Due Dates
INCOME TAX The due date of filing Income Tax Return for Financial Year 2018-19 has been extended from 31/03/2020 to 30/6/2020 The due date of Vivid se Vishwas scheme which is introduced to resolve pending tax disputes has been extended from 31/03/2020 to 30/06/2020 without the payment of 10% additional amount The filing date...
Continue readingPost Office Schemes
Post Office Savings Scheme : Interest Payables, Rates, Periodicity 4.0% per annum on individual/joint accounts Minimum Amount for opening of an account and maximum balance that can be retained The minimum amount of Rs. 20/- for opening 5-Year Post Office Recurring Deposit Account (RD) : Interest Payables, Rates, Periodicity 6.9% per annum (quarterly compounded)...
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