The government has recently made it mandatory to link the Aadhaar card with PAN card for the filing of income tax returns. To make it simpler for people to do this, they have introduced a…
Monthly Archives For May 2017
Income Tax Exemption on Gifts from Parents & Relatives in India | 2017-18
Gifting somebody is a common norm followed since prehistoric ages. Till date, gifting is considered a healthy and courteous habit. It is a way of expressing your gratitude. In this article, we will talk about…
NPS Scheme tax benefits 80CCD for Tier 1 & Tier 2 accounts
National Pension scheme (NPS) is a long-term saving introduced by the government encouraging financial independence post retirement. NPS tax benefits are usually something not everyone is aware of. As you contribute a part of your…
Income Tax Saving Guide for Salaried Employees (2017 updated)
People are always trying to save a little on tax. There are numerous ways to do that. Many tax saving instruments and exceptions are provided by the government. While some options are very well known,…
Superannuation Pension Benefits, withdrawal & Taxation in India
Superannuation is probably a less touched topic by Indians. Most people do not know what it means, what are the benefits and how it can it help you on a bigger picture. Superannuation is basically…
NPS Login in Online Portal – Tier 1 & Tier 2 accounts
NATIONAL PENSION SYSTEM (NPS) was set in motion on 1st January 2004, with the purpose of providing retirement income to all the citizens. It is cost-efficient, compliant, convenient and hassle free. NPS strives to plant pension reforms and…
SBI Bank Account Closing Fees & Charges from April 1st 2017
thFrom April 1st 2017 SBI Announced Account Closing charges SBI Account Closure Fees & Charges: Savings Bank Account (excluding Basic & Small Accounts opened under Financial Inclusion) Upto 14 days of opening – Nil After…
NPS Calculator – NPS interest Rate, Return, Risk & Features
To make the most of NPS, firstly it is important to understand how it works. An NPS calculator will enable you to understand how much pension amount, and lump sum you will receive upon retirement…
What is ledger balance & how it differ from an available balance?
A bank uses the terms ledger balance and available balance to specify the position of funds in an account. Ledger balance is the balance available at the beginning of the day. On the other hand,…