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Commuted pension from pension funds to get full tax deduction, new version of Income Tax Bill, 2025 clarifies
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 ...
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Income tax bill 2025 changes: Commuted pension, house property income, nil TDS, and other changes, you should know
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 ...
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