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

AICPIN-IW for August 2022 has been released by Labour ministry on 30.09.2022. So, the IDA from 1st October 2022 for PSU or CPSE of 3rd PRC and 2nd PRC and others are known to us after the declaration of August’22 AICPIN. DPE has also released the IDA hike circulars for October to December 2022 onContinue reading “IDA from 1st October 2022, for CPSE, PSU and Govt. employees”

DA hike for CDA pattern employees of CPSEs from 1st July 2022

DA hike for CDA pattern employees (HPPC) of CPSEs, drawing pay in 7th cpc pay scales, 6th cpc pay scales and 5th cpc pay scales, from 1st July 2022 will be declared by Department of Public Enterprises under Ministry of Finance. DA hike to the CDA pattern employees of CPSEs on 7th CPC pay scalesContinue reading “DA hike for CDA pattern employees of CPSEs from 1st July 2022”

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

DA hike for Central Government employees from 1st July 2022 for 7th cpc, 6th cpc and 5th cpc pay scales are known to us after the declaration of AICPIN of period Jan’22 to Jun’22. The DA hike for central government employees from 1st July 2022 have been declared officially by the Finance ministry in October’22.Continue reading “DA hike for Central Government employees from 1st July 2022 for 7th cpc, 6th cpc and 5th cpc”

CPSE, PSU और सरकारी कर्मचारियों के लिए 1 अक्टूबर 2022 से IDA

अगस्त 2022 के लिए AICPIN-IW श्रम मंत्रालय द्वारा 30.09.2022 को जारी किया गया है। इसलिए, PSU या CPSE के लिए तीसरी PRC और दूसरी PRC और अन्य वेतनमान के लिए 1 अक्टूबर 2022 से IDA हमें पता चल गया है।DPE अक्टूबर’22 के महीने में अक्टूबर से दिसंबर 2022 के लिए IDA वृद्धि परिपत्र भी 6th Oct 2022 कोContinue reading “CPSE, PSU और सरकारी कर्मचारियों के लिए 1 अक्टूबर 2022 से IDA”

Sukanya Samriddhi Yojana Account SSY/SSA scheme details, calculator, Interest rate for Oct to Dec 2022 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 2022 and maturity amount”

Expected Dearness Allowances, DA for Bank employees or Bankers from 1st November 2022

AICPIN – IW for August 2022 has been released by Labour ministry on 30.09.2022. After declaration of AICPIN-IW for July, August and September 2022, the DA hike for Bank employees or Bankers from 1st November 2022 will be known to us for 11th and 10th BPS. Expected DA hike for bankers from 1st November 2022Continue reading “Expected Dearness Allowances, DA for Bank employees or Bankers from 1st November 2022”

AICPIN August 2022 for DA,DR of CPSE, PSU, central Govt., Bank employees and Pensioners

The AICPIN for August 2022 has been released on 30.09.2022 (Friday), the last working day of September month, by Labour Bureau, under Ministry of Labour and Employment. The AICPIN-IW stands for All-India Consumer Price Index Number – Industrial Workers, and it is very important index for DA, DR increment of Central Govt. employees, bank employees,Continue reading “AICPIN August 2022 for DA,DR of CPSE, PSU, central Govt., Bank employees and Pensioners”

Post office and small savings schemes Interest rates from 1st October 2022

The interest rates for the period from 1st October 2022 to 31st December 2022 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 29th September 2022 (Thursday) , by the Finance Ministry. Govt. order of ‘Post officeContinue reading “Post office and small savings schemes Interest rates from 1st October 2022”

Comparison of Fixed deposit interest rates of 12 Govt. banks like SBI, PNB, BoB, Canara and others

After RBI’s change in monetary policy, most of the banks usually revise their Fixed deposit interest rates in synchronization with the policy of RBI. Here, we have compared all the 12 public sector banks or nationalized banks’ fixed deposit interest rates of SBI, PNB, BoB, Canara bank, UBI, Indian, IOB, Uco, BoM, PSB, BoI, CBIContinue reading “Comparison of Fixed deposit interest rates of 12 Govt. banks like SBI, PNB, BoB, Canara and others”

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 ccompany IPO Bid Open Date IPO Bid Close Date IPO Allotment Date IPO Money Refund Date IPO shares in Demat date IPO Listing Date Electronics Mart IPO 04.10.22 07.10.22 12.10.22 13.10.22 14.10.22 17.10.22 Harsha Engr. IPO 14.09.22 16.09.22 21.09.22 22.09.22 23.09.22 26.09.22 TMB IPOContinue reading “Current and Upcoming main board IPO, IPO Allotment link, IPO listing date, IPO performance”

HRA hike, TA hike for Central Govt. employees and CPSE or PSU employees, when DA crosses 50%

Major Contents in the Post: (Jump to the Section) HRA will be hiked for 7th CPC Central Govt. employees and Armed Forces personnel, when DA crosses 50%: At present, the Dearness Allowance is below 50%. As per 7th CPC, there is a condition that HRA will be revised if DA crosses 50%. So, accordingly theContinue reading “HRA hike, TA hike for Central Govt. employees and CPSE or PSU employees, when DA crosses 50%”

Fixed deposit (FD) interest rates comparison of ICICI, Axis, HDFC banks w.e.f. 29.08.22

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. 29.08.22”

Dearness Relief, DR hike of Bank Pensioners from Aug 2022 to Jan 2023

The AICPIN – IW (All-India Consumer Price Index Number – Industrial Workers) for June 2022 has been released on 30.07.2022, the last working day of July month, by Labour Bureau, under Ministry of Labour and Employment. Based on the AICPIN of April, May, June 2022, Dearness Relief (DR) hike from August 2022 to January 2023Continue reading “Dearness Relief, DR hike of Bank Pensioners from Aug 2022 to Jan 2023”

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

The DA hike for Indian Army, Navy, Air force will be increased to 38% from 34% from 1st July 2022 after declaration of AICPIN of June month on 29.07.2022. The MoD will issue the official DR hike order probably in September. Major Contents in the Post: (Jump to the Section) Dearness Allowance of Indian Army,Continue reading “DA hike for Indian Army, Navy, Air force from 1st July 2022, Risk & Hardship and other Allowances”

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

DR hike for central government pensioners and family pensioners will be increased to 38% from 34% with effect from 1st July 2022 after declaration of AICPIN of June month on 29.07.2022. The DoPPW will issue the official DR hike order probably in September. Dearness Relief (DR) hike from 1st Jan 2022 for Central Government pensionersContinue reading “DR hike for central govt. pensioners and family pensioners from 1st July 2022”

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

Excel Income tax calculator 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,Continue reading “Excel Income tax calculator for FY 22-23 (AY 23-24)”

Difference between Short term and Long term capital gains

Capital gains definition: Capital gains are the gains arising from the sale of any type of capital assets like immovable property, equity shares (listed or Un-listed), debt-fund, mutual fund, Jewellery etc. We’ll know the difference between Short term and Long term capital gains below in detail. (source: Income tax India) Capital gains are of 2Continue reading “Difference between Short term and Long term capital gains”

FY 22-23 (AY 23-24) 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 22-23 (AY 23-24) Income tax Sections of deductions and rebates for Resident and Non-Resident Indian”

FY 22-23 (AY 23-24) Income tax rate slabs – ‘Existing vs New’ for Individual, senior citizen

FY 22-23 (AY 23-24) 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 22-23 (AY 23-24), comparison of Existing vs New New Income Tax slab Income tax rate slab for people below 60 years ofContinue reading “FY 22-23 (AY 23-24) Income tax rate slabs – ‘Existing vs New’ for Individual, senior citizen”

Excel calculator of Sukanya Samriddhi Yojana (SSY) scheme for girls

For those who want to invest in Sukanya Samriddhi Yojana (SSY) Scheme for girls, but are confused a little bit about the final sum calculation, this easy excel calculator will be very much helpful for them. In this easy excel calculator for Sukanya Samriddhi Yojana (SSY) Scheme, you need to change only the monthly amountContinue reading “Excel calculator of Sukanya Samriddhi Yojana (SSY) scheme for girls”

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