The Shubh Vibes

Planning for retirement is no longer optional in today’s uncertain economic environment. With rising life expectancy, inflation, and changing job patterns, building a stable pension corpus is essential. The National Pension System (NPS) , backed by the Government of India , has emerged as one of the most reliable and cost-effective long-term retirement solutions. This detailed guide explains everything you need to know about NPS — its start date, amendments, charges (CRA & POP), Auto Choice with examples, and the latest list of Pension Fund Managers (PFMs) . What is National Pension System (NPS)? The National Pension System (NPS) is a defined contribution pension scheme regulated by the Pension Fund Regulatory and Development Authority (PFRDA) . Under NPS, you contribute regularly during your working years and receive a pension after retirement based on accumulated corpus and investment returns. NPS is available to: ·        ...

Introduction: Why Checking 26AS, AIS & TIS is a Must Before Filing ITR Before filing your Income Tax Return (ITR) for FY 2024–25, it is crucial to check your Form 26AS , AIS (Annual Information Statement) , and TIS (Taxpayer Information Summary) . These reports ensure: ✔ No mismatch between your income & tax credits ✔ Your TDS/TCS is fully captured ✔ You avoid errors that may result in notices under Section 143(1) or delayed refunds Even if you are salaried, self-employed, a freelancer, or retired — checking these reports is essential in 2025.   What are Form 26AS, AIS & TIS? Know the Difference Report Purpose Why Important? Form 26AS Tax credit statement: TDS, TCS, advance tax paid Shows total tax already deposited in your PAN AIS Detailed statement of all financial transactions (beyond TDS) Captures salary, interest, shares, property sale, M...

Introduction: Why Filing Your ITR Correctly Matters in 2025 The Income Tax Return (ITR) season for FY 2024–25 (AY 2025–26) has begun, and lakhs of taxpayers in India will file their returns online. Every year the changes in income tax filling lead to difficulty and some ease at the same time. The process become easy to file income tax return but the changes on portal and in rules make people difficult to understand the things for file own self.This year many changes done on portal to stop the fake deductions and create transparency in filling.While the process has become simpler, many people still make errors that lead to: ·          Delayed refunds ·          Tax department notices ·          Penalties or even scrutiny assessment To save you from these troubles, here are the top mistakes you must avoid while filing your ITR in 2025 , especially if you want ...