[ad_1] However, the new regime still allows employers to reimburse the cost of mobile phones, laptops, or car leases if they are used for official purposes. Some companies allow you to buy these devices after 12 months of use. This is one hidden benefit that you can unlock as an employee in the new regime. …
[ad_1] As the academic year comes to a close, senior graders across the nation are finalising their higher education plans, whether they are looking at options to study further within the country or overseas. An important consideration here is the cost of education. For many families, education loans become a crucial tool in bridging the…
[ad_1] The Senior Citizens Savings Scheme (SCSS) is a government-backed savings initiative tailored for senior citizens to ensure a secure and regular income post-retirement. With guaranteed returns, tax benefits, and a straightforward process, it is one of the most reliable financial tools available for retired individuals in India. This scheme is available through Post Offices…
[ad_1] In this year’s Union Budget 2024, Finance Minister Nirmala Sitharaman introduced a new initiative – the NPS Vatsalya scheme. This scheme is designed to support long-term savings for minors. The scheme is a noteworthy government initiative aimed at fostering long-term savings for children. It enables parents and guardians to invest on behalf of minors,…
[ad_1] The Union Budget 2024 brought substantial revisions to the new tax system, enhancing its appeal to taxpayers. The standard deduction has been raised from â‚ą50,000 to â‚ą75,000 in the new tax regime introduced in this year’s budget announcement. Individuals earning up to â‚ą7 lakh per year will be exempt from paying income tax. The…
