Tax benefits under NPS, the Government Subscribers can make an additional investment in their NPS Tier I account

Tax benefits under NPS, the Government Subscribers can make an additional investment in their NPS Tier I account Voluntary Contribution in Tier I account by Govt. Sector Subscribers In order to avail Tax benefits under NPS, the Government Subscribers can make an additional investment in their NPS Tier I account. An additional deduction for investment up to Rs. 50,000 in NPS (Tier I account) is available exclusively to NPS subscribers. This additional investment can be made by the Subscribers by either of the following ways: A. Through...

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NPS: What are the tax benefits of NPS?

1. What are the tax benefits of NPS? Income Tax Act allows benefits under NPS as per the following sections: On Employee’s contribution: Employee’s own contribution is eligible for tax deduction under sec 80 CCD (1) of Income Tax Act up to 10% of salary (Basic + DA). This is within the overall ceiling of Rs. 1.50 Lacs under Sec. 80 CCE of the Income Tax Act. On Employer’s contribution: Up to 10% of Basic & DA (no monetary ceiling) under 80CCD (2). This rebate is over and above 80 CCE limit of Rs. 1.50 lacs. Voluntary Contribution:...

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Return of NPS Scheme (Central Government Scheme)as on March 2019

Return of NPS Scheme (Central Government Scheme)as on March 2019 Return of NPS Scheme Return chart of individual NPS schemes as on 31 March, 2019 ParticularsSBIPF Assets (Rs in crore )38,453.66 Scheme Inception Date1-Apr-08 NAVSBIPF 31-Mar-1928.4334 52 Week High28.4334 52 Week Low25.7230 RETURNSSBIPF 3 Months2.86% 6 Months8.32% 1 Years8.94% 2 Years7.50% 3 Years9.35% 5 Years10.68% Since Inception9.96% PORTFOLIOSBIPF Top 5 Holdings8.17 % G- Sec 2044, 8.83% Goi 2041, 9.23% Gsc 2043, 7.40 % Goi 2035, 9.20% Goi 2030 Weigtage of top 5 Holdings,%10.44 Top...

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NFIR's protest against Railway Board's proposal for making Detonators as part of personal safety equipment of Asst. Loco Pilots

Registration No. : RTU/ Nnn/31/2012 NFIR National Federation of Indian Railwaymen 3, CHELMSFORD ROAD, NEW DELHI - 110055 Affiliated to : Indian National Trade Union Congress (INTUC) International Transport Workers' Federation (ITF) No. IV/RSAC/2018 Date: 03.05.2019. The Secretary (E), Railway Board, New Delhi. Dear Sir, Sir, NFIR's protest against Railway Board's proposal for making Detonators as part of personal safety equipment of Asst. Loco Pilots - Reg. Ref: Railway Board's Letter No. 2019/ Safety (A&R) /19/07 dated 18.04.2019. Pursuant...

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Op Rhino- Concessions to Armed Forces Officers and Personnel Below Officer Ranks including Defence Civilians deployed Civilians deployed in CI Operation

Op Rhino- Concessions to Armed Forces Officers and Personnel Below Officer Ranks including Defence Civilians deployed Civilians deployed in CI Operation No. 8(3)/9ID (Pay/Services) Government of India Ministry of Defence New Delhi, dated 25th April, 2019 To The Chief of the Army Staff New Delhi Subject: Op Rhino - Concessions to Armed Forces Officers and Personnel Below Officer Ranks including Defence Civilians deployed in CI Operation Sir, I am directed to refer to this Ministry's letter of even number dated 5th September, 2017 on...

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