Personal Loan

FD interest rate up to 7.85%: Banks offering highest 2 year fixed deposit rates [ad_1] Due to its safety and fixed returns, the fixed deposit (FD) is one of the most popular investments among risk averse investors. One of the attractive features of the fixed deposit is its option of different tenure. The minimum and maximum tenure offered for which ...

Revive lapsed LIC policy till March 24, 2023: Know how to check your premium due via WhatsApp [ad_1] An initiative to assist policyholders in reviving expired insurance policies, the Life Insurance Corporation of India (LIC) LIC has undertaken ’Special Revival Campaign’. This campaign, which will run from February 1 to March 24, 2023, is open to policies that have expired ...

1 crore in Rs 5-7 lakh income range set to gain from new tax regime [ad_1] (This story originally appeared in on Feb 03, 2023) NEW DELHI: Close to one crore individuals in the Rs 5-7 lakh income range stand to gain from the government’s decision to increase the rebate level to Rs 7 lakh under the new tax regime, ...

How much tax you will save in revised new income tax regime at different income levels| EconomicTimes [ad_1] Rebate under new tax regime The revised new income tax regime offers rebate under section 87A for taxable income up to Rs 7 lakh. Thus, individuals with income not exceeding Rs 7 lakh and opting for revised new income tax regime will ...

Union Budget 2023: Are you richer or poorer? Here’s the bottomline [ad_1] (This story originally appeared in on Feb 02, 2023) Does this Budget leave you richer or poorer? The short answer is that while there’s no income level at which you lose as a taxpayer, the range of incomes where there are gains is also quite limited and at ...

Union Budget: 10 things individual taxpayers should know [ad_1] (This story originally appeared in on Feb 02, 2023) 1. To provide relief to the middle class, FM has further reduced income-tax rates under the new regime and allowed standard deduction of 50,000. Taxpayers should note that the new regime will now be a default option unless they opt for the ...

Small Saving Schemes Announcements: Senior Citizens, women get a chance to increase their savings via SCSS, Mahila saving scheme [ad_1] The government has implemented many initiatives to increase the earning potential of retirees and people who are risk averse. In Budget 2023, the government has doubled the limit of the Senior Citizen Savings Scheme (SCSS) ceiling from Rs. 15 lakh ...

What happens to your taxes post Budget 2023?| EconomicTimes [ad_1] Yoga Wellness Guru (Annual income: Rs 5.5 crore) Tax pre-budget/old regime: Rs 2,30,81,760Tax now under new regime: Rs 2,10,60,000Gain is Rs 20, 21,760, which is 8.8% less tax. Assumptions: Purchased an apartment. Deduction on home loan interest is Rs 2L. Investments under 80C is Rs 1.5L. Medical insurance premium Rs ...

Senior Citizen Savings Scheme’s investment limit increased to Rs 30 lakh: Budget 2023 [ad_1] The maximum investment limit for the Senior Citizen Savings Scheme (SCSS) has been increased from Rs 15 lakh to Rs 30 lakh in Budget 2023. Finance Minister Nirmala Sitharaman made this announcement while reading the budget speech on Wednesday. Also read: Post Office Monthly Income Scheme’s ...

mahila saman savings scheme: New small savings scheme for women, Mahila Samman Savings Certificate, launched [ad_1] Finance Minister Nirmala Sitharaman, in her Budget 2023 speech, announced a small savings scheme for women. During the budget speech, the FM said the Mahila Samman Savings Certificate would have a tenure of two years and would offer an interest rate of 7.5%. According ...