The interest rates for the period from 1st October 2023 to 31st December 2023 of ‘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 2023 (Friday) by the Finance Ministry.
The AICPIN for October 2023 has been released on 30.11.2023 (Thursday), the last working day of November month, by Labour Bureau, under Ministry of Labour and Employment.
AICPIN-IW for October 2023 has been released by Labour ministry on 30.11.2023. DA hike for Central Government employees from 1st January 2024 for 7th cpc, 6th cpc and 5th cpc pay scales will be known to us after the declaration of AICPIN of period July’23 to December’23.
अक्टूबर 2023 के लिए AICPIN – IW श्रम मंत्रालय द्वारा 30.11.2023 को जारी किया गया है। अक्टूबर, नवंबर, दिसंबर 2023 के AICPIN-IW की घोषणा के बाद, 1 फरवरी 2024 से बैंक कर्मचारियों या बैंकरों के लिए DA वृद्धि हमें 11वीं और 10वीं BPS के लिए ज्ञात होगी।
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’.
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 “Comparison of OLD and NEW income tax deduction, exemptions and rebate for FY 23-24”
For FY 23-24 (AY 24-25), the Income tax rate slabs – ‘Old vs New’ for Individual, HUF, senior citizen, super senior citizen and Surcharge has been covered in this post. The new income tax rate is same for all individual like ‘individual below 60 years of age’, for senior citizen between 60 to 80 yearsContinue reading “FY 23-24 (AY 24-25) Income tax rate slabs – ‘Old vs New’”
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 “Fixed deposit interest rates’ comparison of 12 Govt. banks”
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?
Change in the new income tax portal:
Saving interests in Indian banks are on the increasing trend and after latest RBI’s decision, most of the public sector banks and private banks have reduced the savings interest drastically. Here we are comparing savings account interest of all govt. banks and 3 largest private banks ICICI, Axis and HDFC.
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 has been declared by Department of Public Enterprises under Ministry of Finance.
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)
Dearness allowance and Dearness Relief freezed till 30th June 2021 for Central Government employees In a major setback for lakhs of employees, the Government has freezed the DA/DR till july 2021.