Tag: pension

1. The Finance Minister, Nirmala Sitharaman in her Press Conference held at Mumbai declared a 30% hike in pension payout to bank staff. This will be on the basis of the last drawn salary. Pension payouts to bank employees could increase to Rs 30,000- Rs 35,000 …

1. The Central Board of Direct Taxes (CBDT) notified the conditions for the pension fund for exemption under section 10(23FE) and substituted Form No. 10BBA. 2. The Board notified the Income-tax (11th Amendment) Rules, 2021 which seeks to further amend the Income-tax Rules, 1962. 3. In …