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Top News In Budget 2023 Today - Breaking & Trending Today

EPF pays out RM708mil govt additional contribution incentive

KUALA LUMPUR: The Employees Provident Fund (EPF) today announced the disbursement of a RM708mil Government Additional Contribution incentive to its 1.4 million members aged between 40 and under 55. ....

Kuala Lumpur , Provident Fund , Contact Management Centre , Employees Provident Fund , Government Additional Contribution , Frequently Asked Questions , Management Centre , Budget 2023 ,

Budget 2024: Higher employers' NPS contribution limit, tax-free annuity income on the wish-list

PFRDA wants the employer NPS contribution limit to be raised from 10 percent to 12 percent. Exempting the principal component of annuity income, too, has been a long-time demand. A vote-on-account is unlikely to accommodate these demands, but the product already offers a plethora of tax breaks, making it an attractive retirement planning tool. ....

Nirmala Sitharaman , Deepak Mohanty , National Pension System , Pension Fund Regulatory , Development Authority , Though Finance Minister Nirmala Sitharaman , Budget 2023 , Udget Expectations , 023 Nps Budget Wishlist , Frda Nps ,

Investment proof submission: Section 80C and other sections that can fetch you exemption under Old Tax Regime

It is to be noted that deductions under Chapter VI-A deduction (Section 80C, 80D, 80E and so on) are not available for taxpayers who opt for the New Tax regime. However, salaried individuals can still claim two deductions under the new tax regime Standard Deduction and deduction under section 80CCD (2) for employer's contribution to NPS. ....

Nirmala Sitharaman , Sukanya Samriddhi Yojana , Employee Provident Fund , National Pension System , Liability Partnerships Llps , Public Provident Fund , Income Tax Department , National Pension Scheme , Income Tax , Gold Tax , Hindu Undivided Families , Limited Liability Partnerships , Provident Funds , Income Tax Act , Indian Income Tax Act , Equity Linked Saving Schemes , Long Term Capital Gains , New Tax , Standard Deduction , Finance Minister Nirmala Sitharaman , Tax Exemption , Income Tax Exemption , Section 80c , Old Tax Regime , Income Tax , Hindu Undivided Families ,

Singapore's S$500 CDC vouchers 2024: Who is eligible, how to claim, and more

Starting 3 January 2024, each Singaporean household can claim S$500 in CDC Vouchers 2024 digitally. ....

Lawrence Wong , Community Development Council , Deputy Prime Minister , Finance Minister Lawrence Wong , Cost Of Living Package , Assurance Package , Dc Vouchers 2024 , Budget 2023 , Assurance Package , Cost Of Living Package , Deputy Prime Minister And Finance Lawrence Wong ,

Should the basic tax exemption limit be raised in Budget 2024?

Despite being a vote-on-account and most of the changes having come through in 2023, individual taxpayers could expect some concessions in this election-year Budget. However, any changes would be limited to the new tax regime, as the government seems determined to look past the old one ....

Bhavesh Shah , Chirag Chauhan , Pankaj Mathpal , National Democratic Alliance , Hasmukh Shah Co , Senior Partner , Hasmukh Shah , Money Managers , Budget 2024 , Budget 2023 , Budget Announcements , Budget Tax Measures ,