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NPS and other tax-free perks can cut income tax by Rs 1 lakh

Under Section 80CCD(2), up to 10% of basic salary put in the NPS is tax deductible. One can also ask his/her company for common tax-free perks, such as LTA, reimbursement of newspaper bills and meal coupons. Sudhir Kaushik of TaxSpanner.com tells readers how they can optimise their tax by rejigging their income and investments. ....

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Inheritance tax to hit more Britons as receipts set to raise £7.2billion this year | Personal Finance | Finance

Inheritance tax is hitting more Britons as rising prices for houses and other assets is taking more people above the threshold for paying the hefty 40 percent tax. ‌ ....

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