The Indian Finance Minister has tabled today, the Union General Budget 2021-22 in the Parliament. Kindly note that there has been no changes made to personal Income tax structure. Below are the latest Income Tax Slab Rates for FY 2021-22 or AY 2022-23. (FY is Financial Year and AY is Assessment Year) Latest Income Tax Slab Rates for FY 2021-22 […]
HDFC Life Click2Protect Life Term Plan – Features & Review
Life is an unpredictable journey. It can take sharp, fatal turn at moments, which are capable of leaving one physically, mentally, emotionally and financially bruised. Many of us ignore buying a life insurance plan with adequate insurance cover. You may currently have a life insurance policy, but, you need to evaluate yourself if the existing […]
Top 15 Best Mutual Funds 2021 & beyond | Top Performing Equity Funds
The year 2020 has been an year of ups and downs for Indian equity markets, much like a roller coaster. After a catastrophic drop in March 2020 (due to the covid-19 pandemic), the Indian markets have recovered swiftly and are now trading at their life-time highs. The last calendar year has been a real-test of character for the […]
Top 5 Best Tax Saving ELSS Mutual Funds 2021-22
For salaried employees, the deadline to submit the provisional tax saving investment proofs is fast approaching. Most of the employers collect the documents in January. During this period investors/employees who have not done their tax planning rush to buy life insurance policies or some other tax saving investments. Equity Linked Tax Saving Mutual Fund Scheme […]
Why should you Withdraw Old EPF Account Balance? | In-operative EPF A/c Timeline
EPF is a popular savings scheme that has been introduced by the EPFO under the supervision of the Government of India. All Organizations with 20 or more employees are required by law to register for the EPF scheme, while those with fewer than 20 employees can also register voluntarily. The total assets under management by the EPFO are more than Rs 11 lakh crore (US$157.8 billion) as of […]
Rebate under Section 87A AY 2021-22 | Is Sec 87A Tax Rebate Available under New Tax Regime?
As per the Finance Bill 2019, the threshold limit of tax rebate u/s 87A was revised to Rs 12,500 for FY 2019-20. This tax rebate has been made applicable if an individual’s (Resident Individuals including Senior Citizens) taxable income is less than or equal to Rs 5 Lakhs. The Finance Bill 2020 (FY 2020-21) has […]
