The Finance Bill 2025, presented by Finance Minister Nirmala Sitharaman on February 1, 2025, proposes several direct tax amendments, effective mostly from April 1, 2025. Key changes include ...

iv. Jan Vishwas Bill 2.0 To decriminalise more than 100 provisions ... withdrawals made from National Savings Scheme Accounts on or after 29th of August, 2024 have been exempted. NPS Vatsalya accounts ...

Launched on September 18, 2024, NPS Vatsalya was aimed at being an extension of the existing NPS system. While NPS catered predominantly to the employed section of the society, NPS Vatsalya ...

Image Source : PIXABAY Parents can subscribe to NPS Vatsalya online or visiting a bank or post office. NPS Vatsalya scheme: Finance Minister Nirmala Sitharman on Saturday proposed tax exemption ...

PFRDA announces new charges for opening and managing NPS accounts, including the NPS-Vatsalya model, effective January 31, ...

To make NPS Vatsalya more attractive, Finance Minister Nirmala Sitharman on Saturday proposed tax exemption for contribution up to Rs 50,000 per year under the scheme. Under the NPS Vatsalya scheme, ...

MUMBAI: Finance Minister Nirmala Sitharaman has announced that NPS Vatsalya subscribers will receive the same tax benefits under Section 80CCD(1B) as regular NPS subscribers for their contribution ...

Union Budget 2025: In her budget speech for 2025, Finance Minister Nirmala Sitharaman announced that NPS Vatsalya subscribers will now receive the same tax benefits as regular NPS subscribers for ...

NPS Vatsalya Scheme, the children's welfare scheme launched on 18 September 2024, received a boost on Saturday when the Union budget proposed to extend the tax benefits available to the National ...

While Budget 2025 did not revise income tax slabs and rates under the old tax regime, it has extended the tax deduction benefit of Rs 50,000 under the old tax regime to NPS Vatsalya scheme.

Major allocations include Rs 21,960 crore for POSHAN 2.0 and significant rises for Mission Vatsalya and Mission Shakti. Withdrawals from old National Savings Scheme accounts are exempt from tax ...