DA for central government employees has been increased from 17 % to 28 % with effect from 1st July 2021. The DoE has issued the order dated 20th July 2021.
Tag Archives: Finance
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”
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”
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?”
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”
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?”
Dearness allowance and Relief freezed till 30th June 2021 for Central Goverment employees
In a major setback for lakhs of employees, the Government has freezed the DA/DR till july 2021. As per Department of Expenditure, finance ministry, letter has been issued to freeze the Dearness allowance for central government employees and Dearness relief to central government pensioners till july 2021 via letter no. 1/1/2020-E-II (B), Department of Expenditure,Continue reading “Dearness allowance and Relief freezed till 30th June 2021 for Central Goverment employees”