Current and Upcoming main board IPO, IPO Allotment link, IPO listing date, IPO performance

Current and Upcoming main board IPO, IPO Allotment link, IPO listing date, IPO performance
Current and Upcoming main board IPO, IPO Allotment link, IPO listing date, IPO performance

Current IPO (Initial Public Offering) Timeline:

Initial Public Offering Name of ccompanyIPO Bid Open DateIPO Bid Close DateIPO Allotment DateIPO Money Refund DateIPO shares in Demat dateIPO Listing Date
eMudhra IPO20.05.2224.05.2227.05.2230.05.2231.05.2201.06.22
Ethos Limited IPO18.05.2220.05.2225.05.2226.05.2227.05.2230.05.22
Paradeep Phosphates IPO17.05.2219.05.2224.05.2225.05.2226.05.2227.05.22
Delhivery IPO11.05.2213.05.2219.05.2220.05.2223.05.2224.05.22
Venus Pipes IPO11.05.2213.05.2219.05.2220.05.2223.05.2224.05.22
Prudent IPO10.05.2212.05.2218.05.2219.05.2220.05.2223.05.22
LIC IPO04.05.2209.05.2212.05.2213.05.2216.05.2217.05.22
Rainbow IPO27.04.2229.04.2205.05.2206.05.2209.05.2210.05.22
Campus IPO26.04.2228.04.2204.05.2205.05.2206.05.2209.05.22
Hariom Pipe IPO30.03.2205.04.2208.04.2211.04.2212.04.2213.04.22
Veranda IPO29.03.2231.03.2205.04.2206.04.2206.04.2207.04.22
Uma Exports IPO28.03.2230.03.2204.04.2205.04.2205.04.2207.04.22
Ruchi Soya FPO24.03.2228.03.2231.03.2204.04.2205.04.2206.04.22
Manyavar IPO04.02.2208.02.2211.02.2214.02.2215.02.2216.02.22
Adani IPO27.01.2231.01.2203.02.2204.02.2207.02.2208.02.22
AGS IPO19.01.2221.01.2227.01.2228.01.2231.01.2231.01.22
Current IPO (Initial Public Offering) Timeline
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Global Navigation Satellite System (GNSS) Road pricing or GPS based toll charging in India and world

Toll booth for representation purpose only
Toll booth for representation purpose only (timesnownews.com)

Major Contents in the Post: (Jump to the Section)

  1. GNSS, Global Navigation Satellite System, what is it?
  2. Comparison of GNSS across the world
  3. How GNSS Road pricing or Toll charging function?
  4. Use of ‘On-board Unit’ (OBU) in GNSS based toll charging
  5. Benefits or Advantages of using GNSS Road pricing or Toll charging
  6. Challenges faced in using GNSS Road pricing or Toll charging
  7. Status and updates of GNSS Road pricing or GNSS based toll charging in India
  8. Status and updates of GNSS Road pricing or GNSS based toll charging in World

GNSS Road pricing or GPS-based toll charging status in India:

Road photo for representation purpose only
Road photo for representation purpose only

It’s a long road ahead for India, as it has just started the consultation process in April 2021 on the GNSS based road pricing, but nevertheless, it’s a good start from Government of India. More importantly, India has “NavIC” (Navigation with Indian Constellation), its own Regional Navigation Satellite System. NavIC covers India and 1500 Km around it.

Ministry of Road transport & Highways (MoRTH) has issued a Model Request for Proposal (RFP) for ‘vehicle tracking platform’ under the GNSS-GPS toll charging policy.

What is GNSS, Global Navigation Satellite System?

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Fixed deposit (FD) interest rates comparison of ICICI, Axis, HDFC banks w.e.f. 05.05.2022

Fixed deposit interest rates comparison of ICICI, Axis, HDFC banks:

ICICI bank, Axis bank, HDFC bank have revised their Fixed deposit or Term deposit interest rates in synchronization with latest RBI’s monetary policy. Again FD interest rates are in the downward trend.

Here we have compared 3 largest private sector banks’ fixed deposit interest rates for below Rs. 2 crore domestic deposits in tabular format. In the screenshot of all three banks, the all kinds of fixed deposits have been shown.

Major Contents in the Post: (Jump to the Section)

  1. Comparison of FD interest rates among ICICI, Axis, HDFC banks
  2. Latest updates of FD of ICICI, Axis, HDFC banks
  3. ICICI bank Fixed Deposit features and Benefits
  4. AXIS bank Fixed Deposit features and Benefits
  5. HDFC bank Fixed Deposit features and Benefits
  6. Fixed Deposit, TDS on FD, Form 15G, Form 15H download
  7. How to open Fixed deposit in ICICI, Axis, HDFC bank
  8. Penalty when you break FD pre-maturily
  9. Fixed deposit Interest rate of ICICI bank for general public
  10. Fixed deposit rate of Axis bank for general public
  11. Fixed deposit rate of HDFC bank for general public
  12. Senior Citizen Fixed deposit Interest rate of ICICI bank
  13. Senior Citizen Fixed deposit rate of Axis bank
  14. Senior Citizen Fixed deposit rate of HDFC bank
Continue reading “Fixed deposit (FD) interest rates comparison of ICICI, Axis, HDFC banks w.e.f. 05.05.2022”

National Vehicle scrappage policy and Incentives of Voluntary Vehicle-Fleet Modernization Program (VVMP) in India

In a Gazette notification, under Vehicle scrappage policy, MoRTH has issued the list of incentives and disincentives to discard the old and polluting vehicles. The new Vehicle scrappage policy was supposed to come into effect from 1st April 2022. (Source:PIB)

  1. Incentive under Vehicle scrappage policy – Waiving off the Registration fee of new vehicle, by producing ‘Certificate of Deposit (CoD)’ of old vehicle by any RVSF (Registered Vehicle Scrapping Facility).
  2. Dis-Incentive under Vehicle scrappage policy
    1. Fee increase for conducting fitness test and renewal of fitness test, for vehicles more than 15 years old.
    2. Fee increase for fitness certification for transport vehicles more than 15 years old.
    3. Fee increase for RC (registration certificate) renewal for personal (Non-transport) vehicles, more than 15 years old.

Concessions or discounts in Motor vehicle tax for a vehicle registered against CoD issued by RVSF from 1st April 2022:

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Comparison of Jio, Airtel and Vodafone for 1.5 GB data per day

Comparison of Jio, Airtel and Vodafone for 1.5 GB data per day:

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Jio 4G prepaid data recharge plan, Vouchers, cheapest Unlimited short-term and long-term plans

In India Jio offers GSM mobile services in 22 circles. It covers almost all India from village to metro cities with 4G wireless services. Jio has many tariff plans which ranges from Rs. 11 to Rs. 4999 with validity up to 365 dyas. In several plans, Jio offers many additional benefits.

Source: Moneycontrol.com

Additional benefits with some Jio 4G prepaid plans:

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Airtel 4G prepaid unlimited data plans – Monthly, Bi-monthly, Tri-monthly

In India Airtel offers GSM mobile services in 22 circles. It covers almost all India from village to metro cities with 2G, 3G and 4G wireless services. Airtel has many tariff plans which ranges from Rs. 19 to Rs. 2698 with validity up to 365 dyas. In several plans, Airtel offers many additional benefits.

Airtel 4G prepaid unlimited data plans - Monthly, Bi-monthly, Tri-monthly
Airtel 4G prepaid unlimited data plans – Monthly, Bi-monthly, Tri-monthly

Additional benefits with some Airtel 4G prepaid plans:

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Vodafone 4G prepaid data plan, Unlimited 28-days, 56-days, 84-days cheapest recharge plans

In India Vodafone offers GSM mobile services in most of the telecom circles. It covers almost all India from village to metro cities with 2G, 3G and 4G wireless services. Vodafone has many tariff plans which ranges from Rs. 19 to Rs. 3099 with validity up to 365 days. In several plans, Vodafone offers many additional benefits.

Vodafone 4G Prepaid plans, monthly, bi-monthly, quarterly, yearly plans
Vodafone 4G Prepaid plans

Vodafone 4G Prepaid plans in detail:

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Upcoming and Current Movies and Web series on OTT platforms and in Multiplex

So, below are the list of hindi current and upcoming Web-Series and Movies on Netflix, Amazon prime video, MX player, You tube premium, Zee5, ALT Balaji, Eros Now, Disney+Hotstar, Jio cinema, Voot etc.

Upcoming and Current Web series and Movies
Photo by Martin Lopez on Pexels.com

Jump directly to major sections:

  1. Movies to release in Multiplexes or Cinema hall
  2. Hindi current and upcoming Web-Series and Movies on Netflix
  3. Hindi current and upcoming Web-Series and Movies on Amazon prime video
  4. Hindi current and upcoming Web-Series and Movies on MX player
  5. Hindi current and upcoming Web-Series and Movies on Disney+Hotstar
  6. Hindi current and upcoming Web-Series and Movies on Zee5
  7. Hindi current and upcoming Web-Series and Movies on ALT Balaji
  8. Hindi current and upcoming Web-Series and Movies on Eros Now
  9. Hindi current and upcoming Web-Series and Movies on Voot

Movies to release in Multiplexes or Cinema hall

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Dearness Allowances, DA for Bank employees from 1st May 2022, as per 11th and 10th BPS

  1. DA for bankers from 1st May 2022 for 11th BPS will increase to 33.04%, increment of 0.07 %.
  2. DA for bankers from 1st May 2022 for 10th BPS will increase to 95.00%, increment of 0.10 %

DA hike for bankers from 1st May 2022 as per 11th BPS:

Dearness Allowance (DA) hike for bank employees from 1st May 2022 for 11th BPS

DA hike for bankers from 1st May 2022 as per 10th BPS:

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March 2022 AICPIN – IW for DA of CPSE, PSU, central Govt., Bank employees and Pensioners

The AICPIN – IW (All-India Consumer Price Index Number – Industrial Workers) for March 2022 has been released on 29.04.2022 (Friday), the last working day of April month, by Labour Bureau, under Ministry of Labour and Employment.

March 2022 AICPIN – IW for Dearness Allowances of CPSE, PSU, Govt., Bank employees:

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Expected DA hike for Central Government employees from 1st July 2022 in 7th cpc, 6th cpc and 5th cpc pay scale

Expected DA hike for Central Government employees from 1st July 2022 in 7th cpc, 6th cpc and 5th cpc pay scale will be known to us after the declaration of AICPIN of period Jan’22 to Jun’22. Till now, AICPIN of Jan, Feb, Mar have been declared. So, after the release of AICPIN of Apr, May and Jun’22, the DA hike for central government employees from 1st July 2022 will be declared by the Finance ministry.

DA hike from 1st Jan 2022 are known to us after releasing of AICPIN of Dec’21 on 31.01.2022. DA hike for Central Government employees from 1st Jan 2022 has been declared, which is 34% for 7th cpc and 203% for 6th cpc.

  1. DA for 7th Pay central government employees has been hiked to 34%from 31%, increment of 3%, w.e.f. 1st January 2022.
  2. DA for 6th Pay central government employees has been hiked to 203% from 196%, increment of 7%, w.e.f. 1st January 2022.
  3. DA for 5th Pay central government employees has been hiked to 381% from 368%, increment of 13%, w.e.f. 1st January 2022.

Major Contents in the Post: (Jump to the Section)

Continue reading “Expected DA hike for Central Government employees from 1st July 2022 in 7th cpc, 6th cpc and 5th cpc pay scale”

IDA from 1st April 2022, for CPSE, PSU and Govt. employees

  1. IDA from 1st April 2022 has been increased by 0.6 % and IDA will be 30 % for 2017 (3rd PRC) CPSE or PSU employees.
  2. IDA from 1st April 2022 has been increased by 1.2 %, and IDA will be 185.3% for 2007 (2nd PRC) CPSE or PSU employees.

Major Contents in the Post: (Jump to the Section)

  1. IDA from 1st April 2022 for CPSE, PSU and Govt. employees
  2. IDA for 2017 pay scale CPSE, PSU and Govt. employees from 1st April 2022
  3. IDA for 2007 pay scale CPSE, PSU and Govt. employees from 1st April 2022
  4. IDA for 1997 pay scale CPSE, PSU and Govt. employees from 1st April 2022
  5. IDA for 1987 & 1992 pay scale CPSE, PSU and Govt. employees from 1st April 2022
  6. Calculation of IDA for PSU, CPSE, based on AICPIN
  7. AICPIN -IW of last 3 months
  8. Past IDA data of 3rd PRC or 2017 scale, Past IDA data of 2nd PRC or 2007 scale
  9. Past IDA data of 1997 pay scale, Past IDA data of 1987 and 1992 pay scale
  10. Calculation or formula for IDA of 3rd PRC, Calculation or formula for IDA of 2nd PRC
  11. Pay revision documents of 3rd PRC, 2nd PRC and more.

IDA from 1st April 2022 for 3rd PRC or 2017 pay scale PSU, CPSE, based on AICPIN:

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DA hike for Indian Army, Navy, Air force from 1st January 2022, Risk & Hardship and other Allowances

The DA hike for Indian Army, Navy, Air force from 1st January 2022 will be 34%. MoD has issued the DA hike order dated 06.04.2022.

Calculated DA hike for defence forces like Indian Army, Indian Navy, Indian Air force in 7th CPC pay scale

Major Contents in the Post: (Jump to the Section)

  1. Dearness Allowance, DA hike for Indian Army, Indian Navy and Indian Air force from 1st Jan 2022
  2. Dearness Allowance, DA hike for Indian Army, Indian Navy and Indian Air force from 1st Jan 2022
  3. Dearness Allowance, DA hike calculation for Indian Army, Indian Navy and Indian Air force
  4. Defence force revised Rates of Risk and Hardship Allowances or Concessions in 7th CPC
  5. Defence force revised Rates of Other Allowances or Concessions in 7th CPC
  6. DA hike for defence forces like Indian Army, Indian Navy, Indian Air force in 7th CPC – Ministry of Defence order since 2017
  7. DA and DR Freezing order for central govt. employees and pensioners including armed forces till June 2021

Dearness Allowance of Indian Army, Navy, Air force from 1st Jan 2022:

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DR hike for central govt. pensioners and family pensioners from 1st Jan 2022

DR hike for central government pensioners and family pensioners has been increased to 34 % with effect from 1st January 2022. The DoPPW has issued the DR hike order dated 5th April 2022 .

Dearness Relief (DR) hike from 1st Jan 2022 for Central Government pensioners / family pensioner for 7th CPC pay scale with DPPW letter:

The DoPPW has issued the 1st Jan 2022 DR hike order dated 5th April 2022. The DR, dearness relief for the pensioners either for Central Government pensioners and for family pensioners has been hiked from 1st Jan 2022.

Department of Pension & Pensioners’ Welfare under Ministry of Personnel, Public Grievances & Pensions announces the Dearness Relief two times in a year.

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FY 21-22, FY 22-23 Income tax Sections of deductions and rebates for Resident and Non-Resident Indian

In a financial year, we can save income tax by investing in LIC, health insurance, medical preventive checkup etc. But, while filing income tax return, we have to claim these expenditure and investments to get the tax benefit. If you have not declared at the start of financial year about these investments and tax has been deducted already, then you will get the refund for that.

There are many sections of income tax, which deal with income tax deductions and rebates, and so is the confusion or say lack of clarity. So, we have collected all the sections in a table as well as the individual details of each section to get better understandings.

Income tax Sections of deductions and rebates for Residents and Non-Residents in a single screenshot:

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FY 21-22, 22-23 Income tax rate slabs – ‘Existing vs New’ for Individual, HUF, senior citizen, super senior citizen and Surcharge

Major Contents in the Post: (Jump to the Section)

  1. For FY 21-22 (AY 22-23) and FY 22-23 (AY 23-24), comparison of Existing vs New New Income Tax slab
  2. Income tax rate slab for people below 60 years of age
  3. Income tax rate slab for Senior citizen, aged 60 to 80 years old
  4. Income tax rate slab for Super Senior citizen, above 80 years old
  5. Surcharge rate slabs of income tax for additional income
  6. Income tax rate slabs for Domestic companies
  7. Income tax rates for Partnership firms
  8. Income tax rates for Local Authority
  9. Income tax rates for Foreign companies
  10. Income tax rates for Co-operative societies

Every year in the General budget, the main focus of people remains on the income tax slabs. So, for FY 20-21 onward, Finance minister has introduced one new option for income tax calculation along with the existing one. In new option, FM has reduced the income tax in some slab. Income tax rate slab for Individual, HUF, senior citizen, super senior citizen, domestic company, Co-operative Society and Surcharge on higher incomes are given below.

Continue reading “FY 21-22, 22-23 Income tax rate slabs – ‘Existing vs New’ for Individual, HUF, senior citizen, super senior citizen and Surcharge”

Excel Income tax calculator for FY 2021-22 (AY 22-23) and FY 22-23 (AY 23-24)

Excel Income tax calculator FY21-22 (AY 22-23) and FY 22-23 (AY 23-24). Which one will save more tax, New income tax or Existing income tax?

Summary :

‘Existing’ income tax rate slab – If you have more ‘savings’ like 80C, Home loan interest, NPS, APY etc

‘NEW’ income tax rate slab – If you have less ‘savings’ like 80C, Home loan interest, NPS, APY etc

Income tax rate slab for Financial Year FY21-22 (AY 22-23) and FY 22-23 (AY 23-24) in India :

Smt. Nirmala Sitharaman presented Union Budget for FY 2020-21, in which she had introduced new tax slab with the present tax slab and gave us two tax options to choose. So, obviously confusion started as which one is better?

So, here you have one simple Excel Calculator for income tax, in which only you have to put salary and your deductions, that’s it. Rest leave all to this excel calculator, which will show you the tax amount in old regime, tax amount in new regime and their difference indicating which one is suitable for filing the income tax return for the financial year FY21-22 (AY 22-23) and FY 22-23 (AY 23-24).

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