How to Save Income Tax in India | 6 Tax Saving Sections
How to Save Income Tax in India? You don’t have to pay tax if your taxable income is below Rs. 5 Lacs in a Financial Year with old tax regime
How to Save Income Tax in India? You don’t have to pay tax if your taxable income is below Rs. 5 Lacs in a Financial Year with old tax regime
This excel helps us in understanding How Compounding Works in Mutual Fund via SIP or Lump sum investments. Compounding happens monthly when SIP frequency is monthly..
The best way to earn maximum interest in PPF is to deposit maximum amount of Rs. 1.5 Lacs in the month of April between 1st to 5th day. This means if you deposit Rs. 1.5 Lacs before or on 5th day of April (start of financial year), you’ll get maximum interest in PPF from April month onwards throughout the financial year.
RD Calculator in Excel helps you to calculate interest in RD (Recurring Deposits). RD formula in excel is very simple – monthly interest rate * balance / 100..
FD Interest Calculator in Excel can be used to calculate interest in your Fixed Deposits. Fixed Deposit Interest Rates in SBI and other banks are updated periodically.
PPF Interest Calculator in Excel helps us to calculate PPF Interest. You can accumulate total of Rs. 1 crore in 25 years and Rs. 1.49 crore in 30 years in PPF
Sukanya Samriddhi Yojana Calculator helps us to calculate SSY returns in excel. Let’s say you deposit Rs. 5000 in the month of April. Based on annual interest rate of 7.6%, monthly interest will be 0.63%..
EPF Interest Calculator in Excel helps us in calculating EPF interest on monthly basis. Example, 12% of Rs. 15,000 would accrue Rs. 1800 by month-end..
NSC Calculator Excel helps in calculating National Savings Certificate (NSC) interest. The latest interest rate for the quarter of Jan to March 2023 is 7%
PPF Calculator Excel helps us in calculating accurate interest including annual compounding. For example, Rs. 10,000 deposited in PPF account after 5th day of April earns you interest from the month of May