April 2022 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 April 2022 will be released on 31.05.2022 (Tuesday), the last working day of May month, by Labour Bureau, under Ministry of Labour and Employment. March 2022 AICPIN – IW for Dearness Allowances of CPSE, PSU, Govt., Bank employees:

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

Expected DA hike for Central Government employees from 1st July 2022 in 7th cpc, 6th cpc and 5th cpc pay scale will be known to us after the declaration of AICPIN of period Jan’22 to Jun’22. Till now, AICPIN of Jan, Feb, Mar have been declared. So, after the release of AICPIN of Apr, MayContinue reading “Expected DA hike for Central Government employees from 1st July 2022 in 7th cpc, 6th cpc and 5th cpc pay scale”

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

AICPIN-IW for February 2022 has been released by Labour ministry on 31.03.2022. The IDA from 1st April 2022 for PSU or CPSE of 3rd PRC and 2nd PRC and others are known to us after declaration of Feb’22 AICPIN. IDA from 1st April 2022 has been increased by 0.6 % and IDA will be 30Continue reading “IDA from 1st April 2022, for CPSE, PSU and Govt. employees”

FY 21-22, FY 22-23 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 21-22, FY 22-23 Income tax Sections of deductions and rebates for Resident and Non-Resident Indian”

FY 21-22, 22-23 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 21-22 (AY 22-23) and FY 22-23 (AY 23-24), 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 rateContinue reading “FY 21-22, 22-23 Income tax rate slabs – ‘Existing vs New’ for Individual, HUF, senior citizen, super senior citizen and Surcharge”

Excel Income tax calculator for FY 2021-22 (AY 22-23) and FY 22-23 (AY 23-24)

Excel Income tax calculator FY21-22 (AY 22-23) and 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 haveContinue reading “Excel Income tax calculator for FY 2021-22 (AY 22-23) and FY 22-23 (AY 23-24)”

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

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

The interest rates for the period from 1st April 2022 to 30th June 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 31st March 2022, by the Finance Ministry. Govt. order of ‘Post office fixed depositsContinue reading “Post office and small savings schemes Interest rates from 1st April 2022”

FY 2021-22 or AY 2022-23 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 2021-22 or AY 2022-23 Income tax return (ITR) e-filing last date: The last date of ITR filing for FY 2021-22 or AY 2022-23 willContinue reading “FY 2021-22 or AY 2022-23 New Income tax return e-filing, exemptions, deductions, e-payment, refund”

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”

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.

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”

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?”

%d bloggers like this: