Budget 2017 — Salient Points

This year’s Union Budget is a mixed bag for salaried class and the real estate investors. Here is a look at key budget announcements. Reduction in tax rate from 10% to 5% for income tax slab of Rs 2.5 lacs to Rs 5 lacs (Positive) Introduction of Surcharge of 10% for taxable income between Rs… Continue Reading

All you need to know about New Pension Scheme (NPS)

New Pension Scheme (NPS) has got quite popular in the last few years due to favourable tax announcements. In this post, I will discuss NPS basics, tax benefits on investment and tax treatment at maturity. Finally, I will discuss whether you should invest in NPS. NPS Is a Defined Contribution Pension Plan Under a defined… Continue Reading