Post office and small savings schemes Interest rates from 1st April 2021

The interest rates for the period from 1st April 2021 to 30th June 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 31st March 2021 and then revised on 1st April 2021, by the Finance Ministry.Continue reading “Post office and small savings schemes Interest rates from 1st April 2021”

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’ or OLD 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, budgetContinue reading “Excel Income tax calculator FY 20-21 (AY 21-22). Which one will save more tax, New income tax or Existing income tax?”

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