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The government may extend tax concessions on contributions and withdrawals in the NPS for individuals aged 75 and above in the upcoming interim Budget. The Pension Fund Regulatory and Development Authority (PFRDA) is pushing for "parity" with the Employees Provident Fund Office (EPFO) regarding taxation on employer contributions. ....
Union Budget 2024: India s infrastructure development is a key priority for the government, aiming to become the world s third largest economy by 2030. The government has implemented various initiatives such as the National Infrastructure Pipeline, National Monetization Plan, and the National Investment and Infrastructure Fund to promote infrastructure development. To attract long-term investment, a tax incentive provision was introduced in the Income-tax Act, providing complete tax exemption for Pension Funds and Sovereign Wealth Funds investing in infrastructure. ....
Congress happy with Rahul Gandhi s Rajasthan visit, to keep up momentum Congress happy with Rahul Gandhi s Rajasthan visit, to keep up momentum Congress party is planning not to lose momentum built during Rahul Gandhi s two day Rajasthan visit, to reach out to farmers in all districts advertisement Rahul Gandhi is on a two-day tour to Rajasthan. (Photo: PTI) The Congress has planned to not lose out on momentum built during the two-day visit of party s former national president Rahul Gandhi to Rajasthan. Highly placed sources within the Congress tell India Today that AICC is happy with the response that Gandhi s two-day visit elicited amongst farmers in Rajasthan and that the Congress leadership feels that the momentum gained during RG s visit to Rajasthan should not be lost and that it should be carried forward by the party. ....