The new tax regime offers lower tax slab rates but it also removes almost all the exemptions. But there are still few tax deductions that are available under the New Tax Regime from 1st April 2023. So what are the…
Read More New Tax Regime Exemption List: Available Deductions (FY2024-25)
New Income Tax Slabs for Senior Citizens & Super Senior Citizens under New Regime (2023-24)
The leave encashment exemption limit has been increased from Rs 3 lakh to a massive Rs 25 lakh.
The Budget 2023 brought a lot of good news for senior citizens in India. The majority of Indians above the age of 60 depend on government instruments to provide risk-free interest income during retired life. While many have the benefit…
Is NAV different for Regular and Direct plans of the same mutual fund scheme? The answer is Yes, it is. And the Direct plan NAV will always be higher than Regular plan NAV. It has to be. And the reason…
I know you don’t want to, but still, as law-abiding citizens of India, we must still pay income tax. That said, and before we discuss best ways for you to save income tax, let me remind you what I have…
Do you want to know about the Biggest Single Day Falls in Sensex? So you are at the right place. Let me share some details of the biggest Sensex Falls in history in one day. Or as many would like…
Read More Biggest Sensex Falls (Worst Single Day Falls: Updated 2024)
Do you want to know about the Biggest Single Day Falls in Nifty? So you are at the right place. Let me share some details of the biggest Nifty Falls in history in one day. Or as many would like…
Read More Biggest Nifty Falls (Worst Single Day Falls: Updated 2024)
As soon as Bitcoin prices start going up and it's all over the news, people starting asking questions like: Bitcoin vs Mutual Funds: Where Should You Invest? Bitcoin vs Mutual Funds: Which is better? Should I invest in Bitcoin or…
If you are a Bitcoin or cryptocurrency investor, sooner or later, you will realize some profits. Hopefully. And when that happens, the question of taxation of Bitcoin profits will occur. The government hasn’t clarified how and when it will tax…
Read More How will your Bitcoin Profits be Taxed in India? (Updated 2024)
Are you looking for alternatives to fixed deposits in India in 2024? I don’t blame you. The current fixed deposits FD rates in India are not great - even for the banks best for fixed deposits earlier. And as these…
Read More How to get Higher Returns than Fixed Deposit? Alternatives to FD in India (2024)
In India, taxation of arbitrage funds helps investors immensely. The Arbitrage funds are treated in part with equity funds for taxation purposes. That is, if you hold the funds for less than a year, you pay 15% short-term capital gains…
Do you know what is the tax on gold profits? Or how different forms of gold are taxed? Or more specifically, how capital gains on selling gold are taxed? If you invest in gold or already have it, then it…
Read More Taxation on Gold in India (2024): Capital Gains on Selling Gold
So ow much is Rs 5 Crore FD Interest per Month (2024)? Sometime back, I wrote about How much is Rs 1 crore and Rs 2 crore FD monthly interest. Many readers mailed asking that they were conservative and risk-averse…
Read More How much monthly interest can I get for Rs 5 crore in fixed deposit (2024)?
So you have Rs 50 lakh to deposit in bank fixed deposit in 2024? And that is why you want to know how much will be the Rs 50 lakh bank interest per month in India? Good for you as…
Read More How much is Rs 50 lakh FD Interest per Month? (2024)
