Today Finance Minister presented the Budget 2016. There was a lot of news, noise and many MAYs around the groups, media, and experts. Now all of them hope silenced :)Let us see the major changes.1) There is no Change in your tax slabs and Sec.80C limit.There is no change in your tax … [Read more...] about Budget 2016 : 25 changes and how they will affect you?
Archives for February 2016
On 10th February 2016, the Ministry of Labour and Employment, Government of India, made few amendments to EPF withdrawal process. This I think will create some introspection to those who used to be frequent withdrawer of EPF.Let us see those four changes in detail.Note-How to combine or … [Read more...] about 4 EPF withdrawal changes effective from Feb 2016
Recently Government announced some changes to Post Office Savings Schemes interest rate calculation method and these changes will be effective from 1st April, 2016. Let us understand what are these changes. 1) Post Office Savings Schemes rates change on quarterly base- The biggest change I can say … [Read more...] about Post Office Savings Schemes -Changes effective from 1st, April 2016
Do you know the cost of Preventive Health Check Up can be claimed for the tax benefit? Many of us know that Health Insurance premium can be claimed for tax deduction under Sec.80D. But the majority of us don't know that Preventive Health Check Up cost can also be claimed under the same … [Read more...] about Preventive Health Check Up cost- What are tax benefits?
Recently SBI Bank launched one more home loan product called SBI FlexiPay Home Loan. This loan feature seems to be attractive. However, how dangerous it is?Let us first discuss the feature of this home loan.Under this home loan, you will be eligible to receive 120% more than regular home … [Read more...] about SBI FlexiPay Home Loan-What is new and why should you avoid it?
How to invest DIRECT Mutual Fund schemes online? This is the one of the major concern of DIRECT Mutual Fund Investors is that of not having a single platform to deal with or invest it ONLINE. Now the wait is over.There are many online platforms which offer regular funds, but after MF Utility, … [Read more...] about Invezta.com: Invest in DIRECT Mutual Fund schemes online at one place