Category Archives: Knowledge Base

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 »

25 % NPS Withdrawal Allowed by PFRDA

The subscribers of the NPS or National Pension Scheme can now withdraw their partial contributions. This was said in a circular from Pension Fund Regulatory Development Authority (PFRDA). The regulator of the pension has decided an upper limit of 25 % of the total contributions, which can be withdrawn. The PFRDA has given this permission,… Read More »

Tax Savings Deductions, which are missed by Small Business Owners

About 93 % of the small business owners have paid taxes higher than required, based on a recent survey. According to the small business owners, owning a small business is an expensive affair. Also the situation becomes more severe, as they have to pay higher taxes. In this article, we are going to discuss the… 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 »