Personal Finance Blog
What is the latest TDS Rate Chart FY 2019-20 after the recent Budget 2019? How it will impact your earnings. What are the changes done during Budget 2019? Let us discuss these in detail.Let me first update you regarding the TDS changes proposed during Budget 2019.# TDS limit hiked from the existing Rs.10,000 to Rs.40,000 on the interest … [Continue reading]
Pradhan Mantri Shram Yogi Maan-Dhan a Rs.3,000 monthly pension scheme will be launched from 15th February 2019. Let us see its features and eligibility.You may be aware that during the Budget 2019, Finance Ministry announced this Pradhan Mantri Shram Yogi Maan-Dhan. The same is now going to be implemented from 15th February 2019.Eligibility … [Continue reading]
Which are the Top 5 Best ELSS Tax Saving Mutual Funds 2019? How to choose them for your tax saving as well as for long term growth?Recently I wrote a post Top 10 Best SIP Mutual Funds to invest in India in 2019. In that post, I have not covered ELSS or Tax Saving Mutual Funds. Because yearly I used to write a separate for ELSS Funds. … [Continue reading]
After the Budget 2019, what is the Mutual Fund Taxation FY 2019-20? What is the Mutual Funds tax rate for FY 2019-20?3 Factors that determine the Mutual Fund TaxationFirst, let us understand what are the factors that determine the Mutual Fund Taxation. The three major part of these are below.# Your Residential Status-Resident or … [Continue reading]
Effective from 1st April 2020, Tax Rebate under Sec.87A was revised in Budget 2019. Because of this there is no tax liability for those whose total taxable income is up to Rs.5,00,000.Let us see the features of Sec.87A.Revised Tax Rebate under Sec.87A after Budget 2019You must be a RESIDENT INDIVIDUALYour Total Income, after … [Continue reading]
What are the Latest Income Tax Slab Rates FY 2019-20 (AY 2020-21) after the Budget 2019? Is there any changes to applicable tax rates for individuals? Let us see the details.I already covered the Budget 2019 related posts and you may refer them for your better understanding.Budget 2019 Highlights – 7 changes you must knowIn this … [Continue reading]
The budget for FY 2019-20 is now tabled. Let us see the Budget 2019 Highlights and what are the points that will affect to us individually.Budget 2019 Highlights - 7 changes you must know1. The BIG change in Individual's Income Tax Slab RatesYour tax liability if your income is up to Rs.5 lakh will turn to be ZERO. However, there … [Continue reading]
Which are the online Top 5 Best Term Insurance Plans in India 2019? What is the claim settlement ratio of these best term insurance plans? Let us choose the best term insurance plans in India by comparison with charts.We have around 24 Life Insurance Companies and as of now, all insurance companies offer online term insurance plans. Hence, it … [Continue reading]