BUSINESS
Budget 2023: All you need to know about EPF withdrawal, leave encashment
Budget announcements included amendments to provide relief to salaried taxpayers withdrawing their provident fund balance or receiving leave encashment from their employers.
BUSINESS
Budget 2023 Expectations: Shorter holding period for non-equity funds, hike in equity LTCG limit to Rs 2 lakh
Simplifying the complex capital gains tax regime in India ranks high in Budget 2023 expectations. It can bring cheer to taxpayers and ensure sustained investor interest.
BUSINESS
SC permits pension contributions on higher salary. What’s in store for employers and employees?
While higher pension contributions would mean higher pensions for the employees, they should keep their current age, stage of employment, risk appetite, health condition, cash flow requirements, and tax impact, in perspective while deciding on whether or not to contribute to the EPS scheme on higher salary.
