Revised DA hike for Central Government employees from 1st July 2021

Revised DA hike for Central Government employees and DR for Central Government pensioners from 1st July 2021 will be 31% as per decision taken by cabinet on 21st October 2021. This will benefit about 47.14 lakh Central Government employees and 68.62 lakh Central Government pensioners. DA hike from 1st Jan 2022 will be known toContinue reading “Revised DA hike for Central Government employees from 1st July 2021”

Revised IDA from 1st October 2021, for CPSE, PSU and Govt. employees

AICPIN-IW for August 2021 has been released by Labour ministry on 30.09.2021. After declaration of AICPIN-IW for Aug 2021, the IDA from 1st October 2021 for PSU or CPSE of 3rd PRC and 2nd PRC and others are known to us. IDA from 1st October 2021 has been increased to 27.2 % from 24.7 %Continue reading “Revised IDA from 1st October 2021, for CPSE, PSU and Govt. employees”

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 15.11.2021 Listing date on NSE, BSE of Sigachi Industries 12.11.2021 Listing date on NSE, BSE of Fino Payments Bank, Shares in Demat of Sigachi Industries 11.11.2021 Listing date on NSE, BSE of Nykaa IPO, Shares in Demat ofContinue reading “Current and Upcoming main board IPO, IPO Allotment link, IPO listing date, IPO performance”

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

Retail Inflation rate and CPI number for Sep 2021 of India has been declared on 12th Oct 2021 (Tuesday) by the National Statistical Office (NSO), under Ministry of Statistics and Programme Implementation (MoSPI). September 2021 Inflation (general) is 4.35 %, decreased by 17.92 % over August 2021 Inflation (general) of 5.30%. September 2021 Inflation (food)Continue reading “India’s Retail Inflation rate of Sep 2021, Consumer Price Index (CPI) number of Sep 2021”

Fixed deposit (FD) interest rates comparison of ICICI, Axis, HDFC banks w.e.f. 5th Oct 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. 5th Oct 2021”

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

AICPIN-IW for August 2021 has been released by Labour ministry on 30.09.2021. After declaration of AICPIN-IW for September 2021 on 29.10.2021, the DA for Bank employees from 1st November 2021 will be known to us for 11th and 10th BPS. DA for bankers from 1st November 2021 for 11th BPS will be in the rangeContinue reading “Dearness Allowances, DA for Bank employees from 1st November 2021, as per 11th and 10th BPS”

Sukanya Samriddhi Yojana Account SSY/SSA scheme details, calculator, Interest rate for Oct to Dec 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 Oct to Dec 2021 and maturity amount”

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

September 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 September 2021 will be released on 29.10.2021 (Friday), the last working day of October month, by Labour Bureau, under Ministry of Labour and Employment. August 2021 AICPIN – IW for Dearness Allowances of CPSE, PSU, Govt., Bank employees:

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

The interest rates for the period from 1st Oct 2021 to 31st Dec 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 September 2021, by the Finance Ministry. Govt. order of ‘Post office fixed depositsContinue reading “Post office and small savings schemes Interest rates from 1st Oct 2021”

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

DA calculation for Gratuity and Leave encashment of retired central govt. employees between 01.01.20 to 30.06.21: Since the DA / DR was freezed for the period from 1st Jan’20 to 30th Jun’21 for central govt. employees. So, there was a genuine concern for the retired employees within that period. As DA declared was only 17%,Continue reading “Revised DR hike for pensioners from 1st July 2021, for central govt. pensioners and family pensioners”

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: The due date of furnishing of Return of Income (ITR) for the FYContinue reading “FY 2020-21 or AY 2021-22 New Income tax return e-filing, exemptions, deductions, e-payment, refund”

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

Income tax of India has taken new shape with advanced features. There are many changes 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 app isContinue reading “Mobile app for income tax, steps to file ITR through Mobile App”

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 June 2021 has been released on 30.07.2021 (Friday), the last working day of July month, by Labour Bureau, under Ministry of Labour and Employment. Based on the AICPIN of last 3 months, DR have been calculated for all types of bank pensioners.Continue reading “Dearness Relief, DR hike of Bank Pensioners from Aug 2021 to Jan 2022”

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

Revised DA hike for Central Government employees and DR for Central Government pensioners from 1st July 2021 will be 31% as per decision taken by cabinet on 21st October 2021. Same will be applicable for defence staffs, but the Department of Defence under Ministry of Defence of Government of India will release the official orderContinue reading “Revised DA for Indian Army, Navy, Air force from 1st July 2021, Risk & Hardship and other Allowances”

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?”

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”

%d bloggers like this: