We receive income through different ways, it can be your Salary, Dividend income from mutual funds or stocks, commission, rent, interest on your Bank Fixed Deposits / Securities etc., The providers of these incomes (like your company / bank) can deduct a certain percentage of income as TDS (Tax Deducted at source) based on certain […]
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Pradhan Mantri Shram Yogi Maan-Dhan (PMSYM) – Govt Pension Scheme – Details & Features
Pradhan Mantri Shram Yogi Maan-Dhan (PMSYM) is the new Pension scheme which was announced in the Union Govt’s Interim Budget 2019-20. PMSYM is aimed at Un-organized workers. The Govt has launched this latest Guaranteed Pension Scheme with effective from 15th Feb, 2019. It has been estimated that around 10 crore un-organized workers can be benefited […]
Muthoot Finance NCD Feb 2019 Public Issue : Details & Review
The interest rates on Bank fixed deposits may have touched the lowest levels (showing signs of an up-tick now) and the interest rates on popular small savings schemes are not very attractive either. Also, Tax Free Bond Issues are not available now. This is inducing many small investors to look out for better fixed income products […]
Section 87A Tax Rebate FY 2019-20 | How to check if you are eligible for the Tax Rebate?
Interim-Budget 2019-20 & the Finance Bill 2019 have been tabled in Parliament. The Income Tax Slab rates have been kept unchanged by the Finance Minister for the Financial Year 2019-20 (Assessment Year 2020-2021). One of the Budget Tax proposals that has drawn everybody’s attention is – ‘Zero tax liability or No income tax for Rs 5 Lakhs taxable […]
Income Tax Slab Rates for FY 2019-20 / AY 2020-21 | Budget 2019-20 Key Highlights
The Indian Finance Minister has tabled today, the Union General Budget 2019-20 in the Parliament. Below are the latest Income Tax Slab Rates for FY 2019-20 or AY 2020-21. (FY is Financial Year and AY is Assessment Year) Latest Income Tax Slab Rates FY 2019-20 The income tax slabs & rates are categorized as below; Individual resident aged below 60 years. Senior […]
Shriram Transport Finance NCD Jan 2019 Public Issue : Details & Review
The interest rates on Bank fixed deposits may have touched the lowest levels (showing signs of an up-tick now) and the interest rates on popular small savings schemes are not very attractive either. Also, Tax Free Bond Issues are not available now. This is inducing many small investors to look out for better fixed income products […]