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Under Section 80CCD(2), up to 10% of basic salary put in the NPS is tax deductible. One can also ask his/her company for common tax-free perks, such as LTA, reimbursement of newspaper bills and meal coupons. Sudhir Kaushik of TaxSpanner.com tells readers how they can optimise their tax by rejigging their income and investments.
The threshold of 9.4% of GDP in the PNRR regarding pension expenses was removed from the proposal to amend the plan submitted to the European Commission, Prime Minister Marcel Ciolacu announced yesterday.
Over half of companies (57%) say they will either reduce or no longer increase the nominal value of meal vouchers offered to employees against the backdrop of the government's planned introduction of an additional tax of 10% on social health insurance contributions (CASS), as per a survey conducted by Cult Research.