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

Upcoming IPOs and Current IPOs list (Initial Public Offering): MTAR Technologies Limited IPO – 3 Mar – 5 Mar – Allotment, Listing, Grey market, discussion MTAR Technologies Limited IPO Allotment link Grey Market premium (GMP) price of MTAR Technologies Limited IPO Listing date and Listing Price of MTAR Technologies Limited IPO Heranba Industries Limited IPOContinue reading “Current and Upcoming main board IPO, IPO Allotment link, IPO listing date, IPO performance”

IDA from 1st April 2021 Calculation, for CPSE, PSU and Govt. employees, while IDA is freezed till 30th June 2021

AICPIN-IW for January 2021 has been released by Labour ministry on 26.02.2021. After declaration of AICPIN-IW for February 2021 on 31.03.2021, the IDA from 1st April 2021 will be calculated. Already, the IDA calculation has been updated till March 2021 for DA hike from April 2021, which is shown below in the table for CPSEContinue reading “IDA from 1st April 2021 Calculation, for CPSE, PSU and Govt. employees, while IDA is freezed till 30th June 2021”

January 2021 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 January 2021 has been released on 26.02.2021, Friday, the last working day of February month, by Labour Bureau, under Ministry of Labour and Employment. January 2021 AICPIN – IW for Dearness Allowances of CPSE, PSU, Govt., Bank employees:

Sukanya Samriddhi Yojana Account SSY/SSA scheme details, calculator and Interest rate for Jan to Mar 2021

If you are father or mother of a new-born or less than 10 years’ girl child, then this is the scheme you would always wanted to take it for the welfare of your child. As you see the interest rate on savings bank schemes, only direction it knows is ‘downward’. Also the fixed deposit interestContinue reading “Sukanya Samriddhi Yojana Account SSY/SSA scheme details, calculator and Interest rate for Jan to Mar 2021”

India Retail Inflation rate, Consumer Price Index (CPI) number for January 2021

Retail Inflation rate and CPI number for January 2021 of India has been declared on 12th February 2021 (Friday) by the National Statistical Office (NSO), under Ministry of Statistics and Programme Implementation (MoSPI). Retail Inflation rate in India for January 2021 is 4.06% against 4.59% in December 2020, based on CPI (General) while the InflationContinue reading “India Retail Inflation rate, Consumer Price Index (CPI) number for January 2021”

Fixed deposit (FD) interest rates of ICICI, Axis, HDFC in February 2021

Fixed deposit interest rates comparison of ICICI, Axis, HDFC: 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 forContinue reading “Fixed deposit (FD) interest rates of ICICI, Axis, HDFC in February 2021”

HRA hike for Central Govt. employees (7th CPC) and CPSE or PSU employees (3rd PRC) from 1st Jan 2021

HRA will be hiked for 7th CPC Central Govt. employees and Armed Forces personnel, as DA crossed 25%, from 1st Jan 2021: Since 1st January 2021, the calculated Dearness Allowance is 28%. As per 7th CPC, there is a condition that HRA will be revised if DA crosses 25%. So, accordingly the HRA will beContinue reading “HRA hike for Central Govt. employees (7th CPC) and CPSE or PSU employees (3rd PRC) from 1st Jan 2021”

Dearness Allowances, DA for Bank employees from 1st February 2021, as per 11th and 10th BPS

11th bipartite settlement DA for Feb, March and April 2021: IBA has issued the order of DA for bank employees, workmen and officers on 1st Feb 2021, which is 26.18 %, hike of 2.31% from last quarter in DA for Bank employees from 1st February 2021. Dearness Allowance (DA) rate hike for workmen and officerContinue reading “Dearness Allowances, DA for Bank employees from 1st February 2021, as per 11th and 10th BPS”

Dearness Relief, DR hike of Bank Pensioners from Feb 2021 to July 2021

The Dearness Relief, DR payable to Bank Pensioners for the period February 2021 to July 2021 has been declared below after release of December AICPIN-IW by IBA on 01.02.2021. Major Contents in the Post: (Jump to the Section) DA, DR, Slab of Bank Pensioners for duration Feb 21 to Jul 21 (IBA official order) DA,Continue reading “Dearness Relief, DR hike of Bank Pensioners from Feb 2021 to July 2021”

Union Budget 2021 highlights of tax and of all sectors of economy

The Finance minister Smt. Nirmala Sitharaman has presented the budget in Parliament for year 2020-21 on 1st February, 2021. The official website for union budget is https://www.indiabudget.gov.in/, where the current and previous budgets documents, economic surveys are available. Highlights of the Union Budget 2021

DA for Indian Army, Navy, Air force from 1st Jan 2021, Risk & Hardship and other Allowances

Dearness Allowance, DA applicable to defence forces like Indian Army, Indian Navy, Indian Air force from 1st Jan 2021 will be increased by 3 % from 25 % to 28 % in 7th CPC pay scale. Dearness Allowance of Indian Army, Navy, Air force from 1st Jan 2021: Dearness Allowance, DA applicable to defence forcesContinue reading “DA for Indian Army, Navy, Air force from 1st Jan 2021, Risk & Hardship and other Allowances”

DA hike for Central Govt. Employees from 1st Jan 2021 and DR for Pensioners calculation

AICPIN-IW for January 2021 has been released by Labour ministry on 26.02.2021. So, the DA / DR calculation has also been updated till January 2021, which is shown below in the table for 7th CPC and 6th CPC pay scale employees. Major Contents in the Post: (Jump to the Section) Calculation of DA / DRContinue reading “DA hike for Central Govt. Employees from 1st Jan 2021 and DR for Pensioners calculation”

Excel Income tax calculator FY 2020-21. Which one will save more tax, New income tax or Existing income tax?

Summary : Maximum savings – Existing or OLD income tax rate slab, Minimum savings – NEW income tax rate slab. Income tax rate slab for Financial Year 2020-21 in India : Smt. Nirmala Sitharaman presented Union Budget for FY 2020-21, in which she had mentioned all sector’s budget allocation, performance. GDP forecast, budget deficit etc.,Continue reading “Excel Income tax calculator FY 2020-21. Which one will save more tax, New income tax or Existing income tax?”

Post office and small savings schemes Interest rates from 1st April 2021

Post office and small savings Interest rates for period of 1st April to 30th June 2021 will be declared on 31.03.2021 by Govt. of India. The finance ministry declares the revised interest rates for these small savings schemes quarterly, means every 3 months. Govt. order of ‘Post office fixed deposits and small savings schemes InterestContinue reading “Post office and small savings schemes Interest rates from 1st April 2021”

FY 2020-21 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 hasContinue reading “FY 2020-21 Income tax Sections of deductions and rebates for Resident and Non-Resident Indian”

FY 19-20, FY 20-21 Income tax rate slabs for Individual, HUF, senior citizen, super senior citizen and Surcharge

Important Notice: Last date of ITR filing for FY 2019-20 or AY 2020-21 is extended to 31st Dec, 2020 (31.12.2020) : click here for order. Major Contents in the Post: (Jump to the Section) For FY 2020-21, comparison of tax slabs: New vs Existing Income tax rate slab for people below 60 years of ageContinue reading “FY 19-20, FY 20-21 Income tax rate slabs for Individual, HUF, senior citizen, super senior citizen and Surcharge”

Savings account interest rates of SBI, ICICI, PNB, HDFC, BoB, Axis, Canera, UBI, Indian, IOB, Uco, BoM, PSB, BoI, CBI for November 2020

Saving interests in Indian banks are on the decreasing trend and after latest RBI’s decision, most of the public sector banks and private banks have reduced the savings interest drastically. Major Contents in the Post: (Jump to the Section) Banks list after merger Savings Interest rate of SBI, State Bank of India Savings Interest rateContinue reading “Savings account interest rates of SBI, ICICI, PNB, HDFC, BoB, Axis, Canera, UBI, Indian, IOB, Uco, BoM, PSB, BoI, CBI for November 2020”

Fixed deposit interest rates of SBI, PNB, BoB, Canera, UBI, Indian, IOB, Uco, BoM, PSB, BoI, CBI in December 2020

After RBI’s change in monetary policy, most of the banks usually revise their Fixed deposit interest rates in synchronization with RBI. Here we have compared all the 12 public sector banks or nationalized banks – SBI, PNB, BoB, Canera bank, UBI, Indian, IOB, Uco, BoM, PSB, BoI, CBI fixed deposit interest rates at one place.Continue reading “Fixed deposit interest rates of SBI, PNB, BoB, Canera, UBI, Indian, IOB, Uco, BoM, PSB, BoI, CBI in December 2020”

FY 19-20, FY 20-21 Income tax return e-filing, exemptions, deductions, e-payment, refund

Extension of ITR filing deadline by CBDT: The due date for furnishing of Income Tax Returns has been extended from 30th November to 31 December for the financial year 2019-20 or AY 2020-21. The order copy is attached below: Major Contents in the Post: (Jump to the Section) How to e-file Offline ITR and OnlineContinue reading “FY 19-20, FY 20-21 Income tax return e-filing, exemptions, deductions, e-payment, refund”

Nifty 50 Exchange Traded Fund (ETF) like ‘Niftybees’, is’t safest bet?

Is the Nifty 50 Exchange Traded Fund (ETF) like NiftyBeES best and safest in the share market as market is falling and you are tempted to invest in the stocks which you always wanted to buy? Because as soon as you get into the stock, the share price of that particular stock starts falling, leftContinue reading “Nifty 50 Exchange Traded Fund (ETF) like ‘Niftybees’, is’t safest bet?”

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