The new version of the income tax bill 2025 has explicitly allowed the entire amount of commuted pension as a tax deduction for those taxpayers who receive the pension from a specified fund as ...
The latest version of the Income Tax Bill, 2025 has corrected several drafting mistakes. It is set to take effect on April 1, 2026 for FY2026-27. The corrections include issues related to nil TDS ...
The "Nature of Employment" field in the ITR is more than a routine disclosure. An incorrect selection can affect certain tax benefits, including exemptions on gratuity, commuted pension and leave ...
Issues with pension members can be quite complex [when winding up an SMSF],” Johnston said. “The first method is relatively ...