There are currently 2 Income tax regimes for FY 22-23 (AY 23-24) and FY 23-24 (AY 24-25) in India. The old tax regime and New tax regime – both are tax saving, but that depends on the ‘earned income’ and ‘types of savings’ of a person. So, how to choose wisely? This excel calculator willContinue reading “Excel Income tax calculator for FY 2022-23 and FY 2023-24 with case studies”
Tag Archives: SAVINGS
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.
Comparison of Old Pension Scheme vs New Pension Scheme
Indian government employees after retirement used to get the pension under the old pension scheme, called OPS. But, from 22nd Dec 2003, New Pension Scheme called NPS came into existence and since then nothing remained same for the working employees. In every corner of India whether it is central government employees or state government employees,Continue reading “Comparison of Old Pension Scheme vs New Pension Scheme”
Excel calculator of Sukanya Samriddhi Yojana (SSY) scheme for girls
For those who want to invest in Sukanya Samriddhi Yojana (SSY) Scheme for girls, but are confused a little bit about the final sum calculation, this easy excel calculator will be very much helpful for them. In this easy excel calculator for Sukanya Samriddhi Yojana (SSY) Scheme, you need to change only the monthly amountContinue reading “Excel calculator of Sukanya Samriddhi Yojana (SSY) scheme for girls”