A press release issued by the PFRDA on the NPS conference conducted on 15.04.2015 at New Delhi
Government getting ready for 7th Pay Commission report – First reaction through Budget Speech by FM. Budget Speech of Finance Minister says “7th Pay Commission impact may have to be absorbed in 2016-17”.
Budget 2015 – Basic I-T exemption limit for individuals may go up to Rs 3 lakh and the investment limit for deduction under Section 80C may rise to Rs 2 lakh
Budget 2015 expectations on Income Tax Front – Assocham Survey report
Proposal to discontinue exemption under Section 80 C – Rs. 1.5 lakh available for Savings – Basic Income Tax Exemption Limit may be increased to Rs. 4 lakh
Budget 2015 – Expectations of Salaried employees – Proposal of Finance Ministry to do away with Section 80 C – Increase in the limit of Transport Allowance