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How to save tax on income up to 1.5 lakh using India Post schemes? Full details

India Post offers five schemes to allow people to save tax on income of up to ₹1.5 lakh per annum. 

India Post offers five small savings schemes that can be used to save income tax under the Old Tax Regime.(ANI)
Published on Mar 07, 2025 07:02 PM IST
ByAshley Paul

Invest in NPS or EPF? Experts explain benefits of retirement savings schemes

Under the new tax regime, salaried individuals can opt for both NPS and EPF to boost their retirement corpus. But which is better? Read on to find out.

Should you opt for both NPS and EPF in the new tax regime? (Pixabay)
Published on Feb 19, 2025 09:07 PM IST

Trump sets condition for helping hurricane victims only if….

Donald Trump proposed a plan to help hurricane victims retroactively purchase generators, deductible from income taxes, contingent on his 2024 election win.

Republican presidential nominee, former U.S. President Donald Trump, speaks at a rally at the Gaylord Rockies Resort and Convention Center (Getty Images via AFP)
Updated on Oct 15, 2024 02:25 AM IST
ByAditi Srivastava

New pension scheme for minors in Union Budget 2024: Details and how to apply

Finance Minister Nirmala Sitharaman introduced a new type of pension scheme for minors where parents can contribute to their children's future retirement

NPS Vatsalya is a plan for minors where contribution can be made by parents and guardians. The scheme will be converted to regular NPS once the child attains the age of 18. (PTI)
Updated on Jul 25, 2024 09:06 AM IST

New tax regime slabs revised, standard deductions hiked by 25,000

New tax regime slabs will be changed and standard tax deduction increased from 50,000 to 75,000.

Union Finance Minister Nirmala Sitharaman presents the Union Budget 2024-25 in the Lok Sabha, in New Delhi.(PTI)
Updated on Jul 23, 2024 01:47 PM IST
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