HRA hike, TA hike for Central Govt. employees and CPSE or PSU employees from 1st July 2021

Major Contents in the Post: (Jump to the Section) HRA hike for 7th CPC central government employees and Armed Forces HRA hike for 3rd PRC CPSE or PSU employees TA hike for 7th CPC central government employees HRA classification based on cities of India HRA will be hiked for 7th CPC Central Govt. employees andContinue reading “HRA hike, TA hike for Central Govt. employees and CPSE or PSU employees from 1st July 2021”

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

DA for central government  employees has been increased from 17 % to 28 % with effect from 1st July 2021. Today on 14th July, this Dearness allowance for central  government employees news came. Same will be applicable for defence staffs. Dearness Allowance of Indian Army, Navy, Air force from 1st Jan 2021: Dearness Allowance, DAContinue reading “DA for Indian Army, Navy, Air force from 1st July 2021, Risk & Hardship and other Allowances”

India’s Retail Inflation rate of June 2021, Consumer Price Index (CPI) number of June 2021

Retail Inflation rate and CPI number for June 2021 of India has been declared on 12th July 2021 (Monday) by the National Statistical Office (NSO), under Ministry of Statistics and Programme Implementation (MoSPI). June Inflation (general) is 6.26%, decreased by 0.63% over May Inflation (general) of 6.30%. June Inflation (food) is 5.15%, increased by 2.79%Continue reading “India’s Retail Inflation rate of June 2021, Consumer Price Index (CPI) number of June 2021”

Fixed deposit (FD) interest rates comparison of ICICI, Axis, HDFC banks w.e.f. 7th July 2021

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 ratesContinue reading “Fixed deposit (FD) interest rates comparison of ICICI, Axis, HDFC banks w.e.f. 7th July 2021”

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

IPO (Initial Public Offering) Calendar: Date Event regarding IPO – Opening, Closing, Allotment, Refund, In Demat, Listing 06.08.2021 Listing date on NSE, BSE of Glenmark Life Sciences 05.08.2021 Shares in Demat of Glenmark Life Sciences 04.08.2021 Money refund date of Glenmark Life Sciences 03.08.2021 Allotment of shares of Glenmark Life Sciences 29.07.2021 Listing date onContinue reading “Current and Upcoming main board IPO, IPO Allotment link, IPO listing date, IPO performance”

Sukanya Samriddhi Yojana Account SSY/SSA scheme details, calculator, Interest rate for July to Sep 2021 and maturity amount

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, Interest rate for July to Sep 2021 and maturity amount”

DR hike for pensioners from 1st July 2021, for central govt. pensioners and family pensioners

DA for central government employees has been increased from 17 % to 28 % with effect from 1st July 2021. Today on 14th July, this Dearness allowance for central government employees news came. The DR, dearness relief for the pensioners either for Central Government pensioners or for family pensioners will be hiked from 1st JulyContinue reading “DR hike for pensioners from 1st July 2021, for central govt. pensioners and family pensioners”

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

The interest rates for the period from 1st July 2021 to 30th September 2021 of several Post office and small savings schemes like PPF, KVP, SSY, SCSS, NSC, MIS, post office savings deposit, Time deposit, Recurring deposits has been declared on 30th June 2021, by the Finance Ministry. Govt. order of ‘Post office fixed depositsContinue reading “Post office and small savings schemes Interest rates from 1st July 2021”

Dearness Relief, DR hike of Bank Pensioners from Aug 2021 to Jan 2022

The AICPIN – IW (All-India Consumer Price Index Number – Industrial Workers) for May 2021 has been released on 30.06.2021 (Wednesday), the last working day of June month, by Labour Bureau, under Ministry of Labour and Employment. The Dearness Relief, DR payable to Bank Pensioners for the period August 2021 to January 2022 will beContinue reading “Dearness Relief, DR hike of Bank Pensioners from Aug 2021 to Jan 2022”

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

AICPIN-IW for May 2021 has been released by Labour ministry on 30.06.2021. After declaration of AICPIN-IW for June 2021 on 30.07.21, the DA for Bank employees from 1st August 2021 will be calculated below as per 11th and 10th BPS. Expected DA for bankers from 1st Aug 2021 for 11th BPS will increase in theContinue reading “Dearness Allowances, DA for Bank employees from 1st August 2021, as per 11th and 10th BPS”

Expected IDA from 1st July 2021, for CPSE, PSU and Govt. employees

DA for central government  employees has been increased from 17 % to 28 % with effect from 1st July 2021. So, same good news may come very soon for PSU, CPSE by DPE. AICPIN-IW for May 2021 has been released by Labour ministry on 30.06.2021. After declaration of AICPIN-IW for May 2021, the IDA fromContinue reading “Expected IDA from 1st July 2021, for CPSE, PSU and Govt. employees”

June 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 June 2021 will be released on 30.07.2021 (Friday), the last working day of July month, by Labour Bureau, under Ministry of Labour and Employment. May 2021 AICPIN – IW for Dearness Allowances of CPSE, PSU, Govt., Bank employees:

FY 2020-21 or AY 2021-22 New Income tax return e-filing, exemptions, deductions, e-payment, refund

Change in the new income tax portal: Login can be done by user ID or Net banking. User ID can be PAN or Aadhaar for individuals and other than individuals. FY 2020-21 or AY 2021-22 Income tax return (ITR) e-filing last date: Central Board of Direct Taxes extended several due dates regarding income tax seeingContinue reading “FY 2020-21 or AY 2021-22 New Income tax return e-filing, exemptions, deductions, e-payment, refund”

FY 20-21 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) For FY 2020-21, comparison of Existing vs New New Income Tax slab Income tax rate slab for people below 60 years of age Income tax rate slab for Senior citizen, aged 60 to 80 years old Income tax rate slab for Super Senior citizen, above 80Continue reading “FY 20-21 Income tax rate slabs – ‘Existing vs New’ for Individual, HUF, senior citizen, super senior citizen and Surcharge”

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”

Excel Income tax calculator FY 20-21 (AY 21-22). Which one will save more tax, New income tax or Existing income tax?

Summary : Maximum savings – ‘Existing’ income tax rate slab, Minimum savings – ‘NEW’ income tax rate slab. Income tax rate slab for Financial Year 2020-21 (AY 21-22) 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 20-21 (AY 21-22). Which one will save more tax, New income tax or Existing income tax?”

Mobile app for income tax, steps to file ITR through Mobile App

Income tax of India is taking new shape with advanced features. There are many changes coming in the income tax portal from 7th June 2021. The most important additional feature is now ITR can be filed through Mobile App also as well as through desktop. When almost every taxpayer has smartphone, so this mobile appContinue reading “Mobile app for income tax, steps to file ITR through Mobile App”

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

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”

Savings account interest rates comparison of SBI, ICICI, PNB, HDFC, BoB, Axis and other banks

Latest news and updates about bank accounts: 1. RBI has allowed Video-KYC and extension of non-KYC bank accounts operation up to 31st Dec’21: On 5th may, RBI in a circular allowed banks and Financial Institutions to furnish periodical KYC over video and even if some one is not having KYC-compliance as on date, no restrictionsContinue reading “Savings account interest rates comparison of SBI, ICICI, PNB, HDFC, BoB, Axis and other banks”

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