by Sakshi | Jan 17, 2023 | BUSINESS & ECONOMY
Amid the political slugfest over some states’ decision to return to the old pension scheme, the Reserve Bank of India has warned that old pension schemes could strain state finances in the future. “A major risk looming large on the subnational fiscal...
by Anil Kumar Tenneti | Jan 7, 2023 | INCOME TAX
Millions spend their lives post the age of 60, through the pension, which is sometimes the only livelihood means that remains, in the old age. In the article, we will look towards the various Income tax provisions and Sections related to the income “Pension”....
by Sakshi | Dec 30, 2022 | EPFO
Employees Provident Fund Organisation (EPFO) has issued a circular on December 29, 2022, to comply with the Supreme Court’s direction on higher pension for eligible employees. The circular issued lays down the eligibility conditions for...
![CBDT amends Income Tax rule 2DB & Form No. 10BBA [Notification No. 32/2021]](https://i0.wp.com/taxconcept.net/wp-content/uploads/2021/04/CBDT.png?resize=1080%2C629&ssl=1)
by gm | Apr 17, 2021 | INCOME TAX
CBDT amends Income Tax rule 2DB which relates to conditions to be satisfied by the pension fund for exemption under section 10(23FE) and substitutes/amends Form No. 10BBA – Application for notification under sub-clause (iv) of clause (c) of Explanation 1 to the...
