The issue would be taken up at the central board of trustees (CBT) meeting of the EPFO on March 5. The Finance Investment and Audit Committee (FIAC) would take the final call before the CBT meeting 

Pension Fund Regulatory and Development Authority is planning to come up with variable annuities and systemic withdrawal option in payouts instead of existing option of the compulsory annuity plan from insurers on fixed rates

Labour Ministry has implemented EPFO's decision to restore pension commutation where if a subscriber withdraws pension in advance, they will still recieve their full pension after 15 years

For the month of November 2019, the  EPFO made a downward revision of 1.54 lakh jobs, which is the biggest revision made for any month in the current fiscal

Wide gaps in corporate and non-corporate direct tax collections are known for years and a huge number of tax evaders are routinely identified every year by the tax authorities but lack of effective follow-up action ensures that the status quo is maintained

While last minute investments may manage to lower total tax outgo, they are unlikely to align well with the financial goals of taxpayers

It is critical for employers to analyse the impact of the Code and the compliances thereunder in order to be able to undertake a smooth transition as and when the Code becomes a law

Currently, the corporate affairs ministry has the electronic form SPICe (Simplified Proforma for Incorporating Company Electronically) and that would be replaced with SPICe+

The decision to switch to the new income tax rates will depend on the level of deductions that you are able to use in the present regime

Budget 2020 taxes: The Union Budget 2020-21 brought in a lot of changes in the tax slabs. Here's a detailled lowdown on the new tax regime

Budget 2020: Employer's contribution to Employees' Provident Fund (EPF), National Pension System (NPS) and superannuation fund above Rs 7.5 lakh to be taxed

Union Budget 2020: Individual taxpayers, corporates, common man, tax experts, everyone will be keenly watching the announcements made by the finance minister on the budget day

Budget 2020: A way in which the Modi government can help the common man is by ensuring that inflation doesn't rise beyond a level

Budget 2020: The government needs to address a flailing growth environment coupled with a tight fiscal situation. One is to make it more conducive for new wealth generators, revive the real-estate sector, and create a thriving and deeper investment market

Budget 2020: Individual taxpayers can claim various exemptions to minimise tax liability. One can claim perks, perquisites or tangible benefits entitled under Income Tax Act

Budget 2020: The ministry is also planning to permit tax exemptions of up to Rs 2.5 lakh for savings under Section 80 C (of the Income Tax Act)

Budget 2020: If the taxpayer is earning a salary and renting a house, then he or she can claim the House Rent Allowance

Budget 2020: The limit of deduction available under Section 80C is Rs 1.5 lakh. Taxpayers expect FM Sitharaman to increase the limit to Rs 2.5 lakh

Union Budget 2020 Live Updates: PM Modi says budget will increase income, investment, demand and consumption, and will bring new vigor in financial system and credit flow

Finance Minister Nirmala Sitharaman is presenting her second consecutive Union Budget in Parliament today