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Finance Ministry Extends National Pension System Tax Benefits to Unified Pension Scheme for Central Government Employees
The Department of Financial Services, Ministry of Finance, has officially notified the introduction of the Unified Pension Scheme (UPS) as an option...
Tax Implications Triggered only upon Actual Sale or Transfer of Asset, no Additions shall be made based on Anticipated Future Benefits: ITAT [Read Order]
In a recent Judgement, the Raipur bench of the Income Tax Appellate Tribunal ( ITAT) ruled that tax implications arise only when the asset is actually sold or transferred, no additions can be made...
![Tax Implications Triggered only upon Actual Sale or Transfer of Asset, no Additions shall be made based on Anticipated Future Benefits: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/Transfer-of-Asset.jpg "Tax Implications Triggered only upon Actual Sale or Transfer of Asset, no Additions shall be made based on Anticipated Future Benefits: ITAT [Read Order]")
Budget 2024: Tax benefits and exemptions to start-ups and investment made by sovereign wealth funds/pension funds and IFSC units are extended to 31.03.2025
Union Finance Minister Nirmala Sitharaman in the Interim Budget of 2024-2025 proposed to extend Tax benefits and exemptions to start-ups and investment made by sovereign wealth funds/pension funds...
