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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
  • Investment

    Withdrawal of IPO applications Post Issue Closure

    Yes, withdrawal of Initial Public Offer (IPO) application can be done even after the issue closure!! It is commonly known that in book built issues applicants can revise or withdraw their bids till the issue Personal Finance guide to Mutual Funds, Stocks, Insurance, Investments, Loans, Tax Planning, Non-Resident Indians related issues
  • Demat

    Understanding BSDA – Basic Services Demat Account

    Basic Services Demat Account for Retail Individual Investors Personal Finance guide to Mutual Funds, Stocks, Insurance, Investments, Loans, Tax Planning, Non-Resident Indians related issues

  • Investment

    NRI Investment in Indian Equity Markets

    Equity as an asset class has historically provided one of the best returns over a long time horizon. Investment in Indian equities is an attractive investment option for the Non-Resident Indians. Reserve Bank of India Personal Finance guide to Mutual Funds, Stocks, Insurance, Investments, Loans, Tax Planning, Non-Resident Indians related issues
  • Non Resident Indian

    Non-Resident Indian (NRI) – Definition under FEMA

    Who is a Non-Resident Indian? An Indian abroad is popularly known as Non-Resident Indian (NRI). NRI is legally defined under the Income Tax Act, 1961 and the Foreign Exchange Management Act, 1999 (FEMA) for applicability Personal Finance guide to Mutual Funds, Stocks, Insurance, Investments, Loans, Tax Planning, Non-Resident Indians related issues
  • 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

Income Tax

  • Enhancement of Section 80C Deduction Limit from Rs 100,000 to Rs 150,000

    July 19, 2014
    Limit for deduction under Section 80C of the Income Tax Act, 1961 has been enhanced from Rs 100,000 to Rs Personal Finance guide to Mutual Funds, Stocks, Insurance, Investments, Loans, Tax Planning, Non-Resident Indians related issues
  • Transport or Conveyance Allowance

    March 9, 2015
  • Income Tax Rates: AY 2012-13 (FY 2011-12)

    December 30, 2012
  • Guide to Section 80C Deductions

    January 25, 2013

Investment

  • Fixed Deposit Maturity Value Calculator

    December 26, 2013
    Fixed Deposits as an Investment Option Fixed Deposits have traditionally been one of the most safe investment option preferred by Personal Finance guide to Mutual Funds, Stocks, Insurance, Investments, Loans, Tax Planning, Non-Resident Indians related issues
  • All about Securities Transaction Tax (STT)

    January 5, 2013
  • Charges on Closure of Demat Account

    January 20, 2013
  • ASBA – Application Supported by Blocked Amount

    January 17, 2015

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
  • Credit Card

    Tips on Effective Credit Card Usage

  • Banking

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

  • Demat

    Charges on Closure of Demat Account

  • Income Tax

    Income Tax Rates: AY 2010-11 (FY 2009-10)

  • Income Tax

    Transport or Conveyance Allowance

  • Income Tax

    Income Tax Rates: AY 2011-12 (FY 2010-11)

  • Banking

    Home Loan EMI Cash Back Offer Analysis

  • Retirement

    Senior Citizen Savings Scheme

  • Demat

    Understanding BSDA – Basic Services Demat Account

  • Non Resident Indian

    Non-Resident Indian (NRI) – Definition under FEMA

Loan

  • Interest on Education Loan

    December 25, 2012
    For an Individual tax payer, Income Tax Act provides for deduction of interest paid on two types of loans – Personal Finance guide to Mutual Funds, Stocks, Insurance, Investments, Loans, Tax Planning, Non-Resident Indians related issues
  • Home Loan EMI Cash Back Offer Analysis

    January 14, 2014
  • Flat Interest Rate vs Diminishing Balance Interest Rate

    December 29, 2013

NRI

  • NRI Investment in Indian Equity Markets

    April 11, 2013
    Equity as an asset class has historically provided one of the best returns over a long time horizon. Investment 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

  • Medical / Health Insurance Premium

    December 25, 2012
    Section 80D of the Income Tax Act provides for deduction of Health Insurance premium or Medical Insurance premium or Mediclaim Personal Finance guide to Mutual Funds, Stocks, Insurance, Investments, Loans, Tax Planning, Non-Resident Indians related issues
  • Understanding Motor Insurance Premium

    April 18, 2014
  • Motor Third Party Liability Insurance – Premium Rates Increase

    April 27, 2014


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