Deductions Allowed for Tax Payers to Save Income Tax
Important Deductions Allowed for Tax Payers include Section 80C (Rs. 1.5 Lacs), Section 80CCD(1B) (Rs. 50,000), HRA, Section 24 (Rs. 2 Lacs).
Important Deductions Allowed for Tax Payers include Section 80C (Rs. 1.5 Lacs), Section 80CCD(1B) (Rs. 50,000), HRA, Section 24 (Rs. 2 Lacs).
PPF Interest Calculation.. you get ₹ 3,15,572 as maturity amount with 7.1% interest rate in PPF for 15 years and Rs. 1000 monthly deposits..
Best Index Mutual Funds for 2023 include – IDFC Nifty 50 Index Fund, Motilal Oswal Nifty Smallcap 250 Index Fund, DSP Nifty 50 Equal Weight..
Facts about Income Tax Calculation.. From selecting between Old Tax Regime or New Tax Regime, Tax Rebate in Section 87A to Cess of 4%..
SIP vs Step up SIP Returns.. You get Rs. 6 Lacs more profits in Step up SIP compared to normal SIP just with Rs. 500 increase in SIP every year..
FD interest calculation is done on monthly basis using monthly interest rate & is compounded quarterly. You get Rs. 19,530 FD maturity amount after 10 years
Standard Deduction limit is Rs. 50,000 for 2023-24. Example: Gross income = Rs. 6,00,000, Std Deduction = Rs. 50,000, Taxable Income = Rs. 5,50,000..
SIP Returns Calculation on Rs. 1000 SIP.. we get approx. Rs. 5.04 Lacs as maturity amount by just investing Rs. 1000 per month as SIP for next 15 years
Business Loans for Women consists of 4 Non-Government and 5 Government Business Loans for Women Entrepreneurs. Check all details here..
Credit Card vs Debit Card.. Credit card helps us to take interest-free loan for short period of time. Debit card helps us to use our own money..