Category Archives: Banking & Finance

The new Government Savings Bond Scheme or “RBI Bonds”

There is a downward slope visible in the interest rates offered on banks in Fixed Deposits. Also, the interest rates on the other small savings schemes are not very attractive. There is a non availability of tax free bond issues also these days. Thus, the small investors are on the lookout for fixed income products,… Read More »

Restructure Your Salary Break-Up to maximize the Tax Savings

The components of the salary should be understood properly as restructuring the same helps in maximizing the tax savings. This will help you to increase your take home salary. You should know your salary breakup components. It becomes easy then to restructure the same and increase the take home. In most of the cases, the… Read More »

Modi Government to keep PF interest rate unchanged

There is good news for employees that the Modi government is going to keep the interest rate on the provident fund as unchanged. This is according to the latest report of Indian Express. It is known that the ruling BJP as well as NDA dispensation has started working on this and they are to continue… Read More »

An Insight on Union Budget 2018

With the national elections coming next year, the finance minister Arun Jaitley has come out with a budget, which is designed to help the distressed farmers as well as rural areas and boosting the jobs, growth as well as private investment. In this particular budget, the farmers of India as well as villagers are the… Read More »

Different Ways to Save Income Tax in India

The Tax season is approaching and during this period the people’s attention becomes focused on getting the Section 80C deductions. These deductions are up to a limit of 1.5 Lakhs. Due to this, the general taxpayers overlook many other tax deductions that they are eligible for. These deductions that we are going to discuss in… Read More »

Tax Savings Options related to Home Loans

It is a big decision to buy a house and there are many factors, which one must consider before buying a home. But the importance of tax benefits on the home loan is an important one and should not be overlooked. There are people who don’t know there are tax benefits on the home loans.… Read More »

Investment Options to help earn a Monthly or a Regular Income

For the individuals, who are retired as well as semi retired, earning a monthly income is one of the priorities. In order to generate the fixed income, it is recommended to have a mix of different investment options like FDs, mutual funds, Savings Schemes, Post office monthly savings scheme, etc. depending of the risk appetite… Read More »

The Latest GST rates on Real Estate Purchase

After the latest GST rates are applicable, there is considerable confusion on the applicable GST rates on real estate. In this article, we will discuss about the GST rates on property purchase in the form of completed property or the under construction property. Applicable GST on the Property There was a lot of confusion about… Read More »

Top 10 Best SIP Mutual Funds to Invest in India in 2018

In this article, we will discuss the 10 best SIP mutual funds to have as an option, to invest in India in 2018. Before going further, we will first analyze and have a look at the Mutual Funds of 2017. One should remember that due to an uptrend in the market, almost all the equity… Read More »

Current Interest Rates In Ppf, Sukanya Samriddhi, NSC, Kisan Vikas Patra, Senior Citizen Saving Scheme, Nationalized Banks and Private Sector Banks

The Government have come up with savings scheme and every saving scheme has its own benefits and limitations. Some are serving a certain category of eligible candidates and some schemes are open to everyone. Details of those savings schemes which give highest interest rates are discussed here one by one. As well as detail of… Read More »