However, you can claim a deduction on your taxable income under section 80c for your investments in this fund. (Current tax deductions are capped at 1.5 lakh per year).

Experts recommend saving 10% to 15% of your income each year, but understanding how much money you need for retirement will require more personalized planning. Many, or all, of the products ...

The legislative fiscal office’s former chief economist Greg Albrecht described the proposed income tax plan as “modestly progressive” compared to the existing tax code in a study commissioned by a ...