Ever wondered how your monthly loan payment (EMI) is calculated? It might seem like magic, but there’s a simple formula behind those numbers. Understanding EMI can help you make informed decisions about borrowing and managing your finances. When you decide to take out a loan, whether it’s for a car, a house, or any other … Read more
In today’s fast-paced world, convenience and ease of access to your finances are essential. That’s where SBI Salary Accounts come in. SBI, India’s largest bank, offers a variety of salary account packages designed to meet the needs of different sectors, including government employees, corporate employees, and defense personnel. Generally everyone has accounts in different banks. … Read more
Have you heard about the Kisan Vikas Patra (KVP) scheme offered by the post office? There might be some confusion about who can invest in it. Everyone is looking to save a lot of what they earn. They decide how much to save based on their income. But many parents save for their children’s future. … Read more
Learn how to recover your money if you’ve made a wrong UPI transaction. Get step-by-step guidance on filing a complaint, contacting your bank, and resolving the issue quickly. In today’s digital age, UPI transactions have made it easy to send and receive money. However, sometimes mistakes can happen, and you may send money to the … Read more
Understand the components of GST: CGST, SGST, IGST, and UTGST. Learn about GST history, types, benefits, and impact on Indian economy. What is GST? GST, or Goods and Services Tax, is a single, indirect tax applied on the supply of goods and services in India. It replaced a bunch of older taxes, making things simpler … Read more
Learn how much money you can keep in a savings account in India, including cash deposit rules, tax implications, and benefits of alternative investments. In today’s world, everyone needs a savings account. A bank account is essential to take advantage of all government schemes and facilitates digital transactions. Unlike some countries, opening a bank account … Read more
Know about savings account limits, interest rates, and tax rules in India. Understand how much money you can keep, earn interest, and pay taxes on your savings account. Saving money in a bank account is a great way to keep your cash safe and earn a little extra on the side. Do you know how … Read more
Income Tax season can be droubling, but with careful planning and strategy, you can significantly reduce your Income tax burden. Understanding how to save on taxes not only puts more money in your pocket but also ensures you’re making the most of available opportunities. Tax saving plans As the financial year draws to a close, … Read more
File Your ITR without Form 16? Yes, it’s possible. Know how to file it using payslips, bank statements & Form 26AS. Many people have questions about filing tax returns, especially whether it’s possible without Form 16. Here’s a guide for filing your ITR for FY 2023-24 (Assessment Year 2024-25). What is Form 16 and Why … Read more
Learn about the tax implications of investing in physical, paper, and digital gold. Discover the tax rates, exemptions, and filing requirements for your gold investments. Are you considering investing in gold? Whether you prefer physical gold coins, paper gold investments, or digital gold assets, it’s essential to understand the tax implications of your investment. Gold … Read more