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UPDATE
  • [ April 1, 2023 ] Interest Rate History – Small Savings Schemes Fixed Income
  • [ February 19, 2022 ] Income Tax Rates: AY 2023-24 (FY 2022-23) Income Tax
  • [ February 7, 2021 ] Income Tax Rates: AY 2022-23 (FY 2021-22) Income Tax
  • [ February 9, 2020 ] Income Tax Rates: AY 2021-22 (FY 2020-21) Income Tax
  • [ January 12, 2020 ] Understanding BSDA – Basic Services Demat Account Demat
  • [ January 11, 2020 ] Senior Citizen Savings Scheme Retirement
  • [ December 22, 2019 ] Income Tax Rates: AY 2020-21 (FY 2019-20) – Union Budget Income Tax
  • [ February 20, 2019 ] Sukanya Samriddhi Yojana Scheme Account Investment
  • [ February 17, 2019 ] Income Tax Rates: AY 2020-21 (FY 2019-20) – Vote on Account Income Tax
  • [ October 18, 2018 ] Guide to Standard Deduction Deductions
  • Banking

    Quarterly Average Balance (QAB) vs Monthly Average Balance (MAB)

    Savings and current accountholders are typically required to maintain a minimum balance in their bank account. Amount of balance requirement varies from bank to bank, and even the same bank could have differing balance requirement Personal Finance guide to Mutual Funds, Stocks, Insurance, Investments, Loans, Tax Planning, Non-Resident Indians related issues
  • Deductions

    All about House Rent Allowance (HRA)

    House Rent Allowance (HRA) is generally paid as component of salary package. This allowance is given by an employer to an employee to meet the cost of renting an accommodation.  Section 10(13A) of the Income Personal Finance guide to Mutual Funds, Stocks, Insurance, Investments, Loans, Tax Planning, Non-Resident Indians related issues
  • Deductions

    HRA Exemption – PAN Number of Landlord

    Central Board of Direct Taxes (CBDT) had issued a circular on 10th October 2013 regarding House Rent Allowance (HRA) exemption under section 10(13A) of the Income Tax Act, 1961. As per the circular, if annual Personal Finance guide to Mutual Funds, Stocks, Insurance, Investments, Loans, Tax Planning, Non-Resident Indians related issues
  • Demat

    Charges on Closure of Demat Account

    Shares are kept in the dematerialized or electronic form in two depositories – National Securities Depository Limited (NSDL) and Central Depository Services Limited (CDSL). Depositories receive shares through Depository Participants (DP) and not directly from Personal Finance guide to Mutual Funds, Stocks, Insurance, Investments, Loans, Tax Planning, Non-Resident Indians related issues
  • Income Tax

    Income Tax Rates: AY 2009-10 (FY 2008-09)

    PLEASE CLICK HERE FOR LATEST PERSONAL INCOME TAX RATES Income Tax Rates applicable for Individuals, Hindu Undivided Family (HUF), Association of Persons (AOP) and Body of Individuals (BOI) in India is as under: Assessment Year Personal Finance guide to Mutual Funds, Stocks, Insurance, Investments, Loans, Tax Planning, Non-Resident Indians related issues

Income Tax

  • Medical Expenses Allowance vs Medical Expenses Reimbursement

    December 29, 2012
    Budget 2018 update Effective Financial Year 2018-19 (Assessment Year 2019-20), exemption for Medical Reimbursement upto Rs 15,000 has been scrapped Personal Finance guide to Mutual Funds, Stocks, Insurance, Investments, Loans, Tax Planning, Non-Resident Indians related issues
  • Income Tax Rates: AY 2016-17 (FY 2015-16)

    February 28, 2015
  • Non-Resident Indian (NRI) – Definition under Income Tax Act

    February 23, 2013
  • All about Securities Transaction Tax (STT)

    January 5, 2013

Investment

  • Withdrawal of IPO applications Post Issue Closure

    January 15, 2013
    Yes, withdrawal of Initial Public Offer (IPO) application can be done even after the issue closure!! It is commonly known Personal Finance guide to Mutual Funds, Stocks, Insurance, Investments, Loans, Tax Planning, Non-Resident Indians related issues
  • Investing through Direct Plan of Mutual Funds

    September 2, 2017
  • Interest Rate History – Small Savings Schemes

    April 1, 2023
  • Understanding BSDA – Basic Services Demat Account

    January 12, 2020

Newsletter

Popular

  • Quarterly Average Balance (QAB) vs Monthly Average Balance (MAB)

    May 18, 2013
  • Check your Demat Account Holding Statement

    December 25, 2012
  • Charges other than Brokerage for Stock Exchange Transactions

    January 20, 2013
  • Income Tax Rates: AY 2014-15 (FY 2013-14)

    February 28, 2013
  • Non-Resident Indian (NRI) – Definition under Income Tax Act

    February 23, 2013
  • Medical Expenses Allowance vs Medical Expenses Reimbursement

    December 29, 2012
  • Flat Interest Rate vs Diminishing Balance Interest Rate

    December 29, 2013
  • Tips on Effective Credit Card Usage

    December 25, 2012
  • Interest on Education Loan

    December 25, 2012
  • Income Tax Rates: AY 2021-22 (FY 2020-21)

    February 9, 2020
  • Fixed Income

    Interest Rate History – Small Savings Schemes

  • Investment

    Withdrawal of IPO applications Post Issue Closure

  • Demat

    Check your Demat Account Holding Statement

  • Car Insurance

    Understanding Motor Insurance Premium

  • Deductions

    Interest on Education Loan

  • Income Tax

    All about Securities Transaction Tax (STT)

  • Income Tax

    Non-Resident Indian (NRI) – Definition under Income Tax Act

  • Income Tax

    Income Tax Rates: AY 2008-09 (FY 2007-08)

  • Banking

    Flat Interest Rate vs Diminishing Balance Interest Rate

  • Deductions

    All about House Rent Allowance (HRA)

Loan

  • Tips on Effective Credit Card Usage

    December 25, 2012
    No don’t worry, this is not another spiel on how you should use credit card within your income limits. This Personal Finance guide to Mutual Funds, Stocks, Insurance, Investments, Loans, Tax Planning, Non-Resident Indians related issues
  • Interest on Education Loan

    December 25, 2012
  • Home Loan EMI Cash Back Offer Analysis

    January 14, 2014

NRI

  • Non-Resident Indian (NRI) – Different type of Bank Accounts

    February 9, 2013
    Just became a Non-Resident Indian (NRI)? One of the first practical issues you face is regarding your bank accounts in Personal Finance guide to Mutual Funds, Stocks, Insurance, Investments, Loans, Tax Planning, Non-Resident Indians related issues
  • Non-Resident Indian (NRI) – Definition under FEMA

    March 9, 2013
  • Non-Resident Indian (NRI) – Definition under Income Tax Act

    February 23, 2013

Insurance

  • Motor Third Party Liability Insurance – Premium Rates Increase

    April 27, 2014
    As we have seen in “Understanding Motor Insurance Premium”, Third Party Liability insurance is mandatory for all vehicles plying on Personal Finance guide to Mutual Funds, Stocks, Insurance, Investments, Loans, Tax Planning, Non-Resident Indians related issues
  • Medical / Health Insurance Premium

    December 25, 2012
  • Understanding Motor Insurance Premium

    April 18, 2014


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