Courts have held that lump-sum alimony received under a divorce settlement is a capital receipt outside the scope of taxable income. However, periodic maintenance payments remain taxable in the ...

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Understanding the difference between SIP, STP and SWP is important because each method addresses a different investment need ...

Discover how the pension recalculation date determines lump-sum pension offers and how it's calculated, along with why the timing can affect the total payout.

Currently, for non-government subscribers with a corpus above Rs 12 lakh, up to 80 percent can be withdrawn as a lump sum ...