Expected DA hike for Central Government employees from 1st July 2023 for 7th cpc, 6th cpc and 5th cpc

AICPIN-IW for April 2023 has been released by Labour ministry on 31.05.2023. Expected DA hike for Central Government employees from 1st July 2023 for 7th cpc, 6th cpc and 5th cpc pay scales will be known to us after the declaration of AICPIN of period Jan’23 to June’23. Presently, DA hike for Central Government employeesContinue reading “Expected DA hike for Central Government employees from 1st July 2023 for 7th cpc, 6th cpc and 5th cpc”

बैंक कर्मचारियों के लिए अपेक्षित महंगाई भत्ता (DA) 1 अगस्त 2023 से

अप्रैल 2023 के लिए AICPIN – IW श्रम मंत्रालय द्वारा 31.05.2023 को जारी किया गया है। अप्रैल, मई और जून 2023 के AICPIN-IW की घोषणा के बाद, 1 अगस्त 2023 से बैंक कर्मचारियों या बैंकरों के लिए DA वृद्धि हमें 11वीं और 10वीं BPS के लिए ज्ञात होगी।

AICPIN April 2023 for DA, DR of employees and Pensioners

The AICPIN for April 2023 has been released on 31.05.2023 (Wednesday), the last working day of May month, by Labour Bureau, under Ministry of Labour and Employment.

Sukanya Samriddhi Yojana Account SSY/SSA scheme details, calculator, Interest rate for April to June’23

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’.

Post office and small savings schemes Interest rates from 1st April 2023

The interest rates for the period from 1st April 2023 to 30th June 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 31st March 2023 (Friday) by the Finance Ministry.

Fixed deposit interest rates’ comparison of 12 Govt. banks

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”

Comparison of OLD and NEW income tax deduction, exemptions and rebate for FY 22-23, FY 23-24

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 22-23, FY 23-24”

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?

FY 22-23 and FY 23-24 Income tax rate slabs – ‘Old vs New’

For FY 22-23 (AY 23-24) and 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.

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

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 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 has been declared by Department of Public Enterprises under Ministry of Finance.

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)

Dearness allowance and Dearness Relief freezed till 30th June 2021 for Central Government employees

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.

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