Increased Financial Charges to Pay After 1st October, 2023

A new tax collected at source (TCS) structure for foreign remittances under the Liberalised Remittance Scheme (LRS) will be effective from October 1 The Reserve Bank of India (RBI) kept the policy repo rate hike unchanged in April and June 2023. However, going forward, you need to keep an eye …

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Income tax has changed this rule, now the salary of lakhs of employees will increase!

According to the notification, changes have been made in the provisions of the facilities provided by the employers to the employees to stay without rent. Overall, there will be less reduction in the total salary of the employees. Salary of such employees will increase. The Income Tax Department has given …

Income tax has changed this rule, now the salary of lakhs of employees will increase! Read More

Latest Update About ITR Filling for Current Financial Year (AY 2023-2024)

The Indian government has notified ITR forms, ITR 1 to ITR 6 for the F.Y. 2022-2023 (A.Y. 2023-2024) on 10th Feb 2023 and ITR 7 on 14 Feb 2023. There are no major changes in the Forms, but they have been notified approximately 2 months earlier than usual. Netizens are applauding …

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Dangerous Consequences of Hiking the Minimum Wage

The minimum wage is a controversial topic that has been debated for many years. Advocates argue that increasing the minimum wage can help to reduce poverty, promote economic growth, and improve workers’ standard of living. However, opponents argue that increasing the minimum wage can have negative consequences, such as job …

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Budget 2023 expectations : Demand to bring petrol, power tariff under GST, LTCG Changes.

India Budget 2023 The energy industry wants petroleum products under GST in Budget 2023, which Finance Minister Nirmala Sitharaman will present in Parliament on February 1, to bring down costs. They also expect that the Centre consider bringing electricity tariffs and real estate under GST at some stage over the …

Budget 2023 expectations : Demand to bring petrol, power tariff under GST, LTCG Changes. Read More

Income Tax Slabs & Rates AY 2023-2024 and earlier years.

Latest Income Tax Slab Rates (Updated) Updated on: 01 Aug, 2022 12:14 AM Check Income Tax Slab for previous years: FY 2022-23 , 2021-22 & 2020-21Latest income tax slab rates in India for Individuals, Company, NRI, HUF, BOI, AOP, LLP, Local Authority, co-operative society. In India, we have a progressive …

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Strategies for rebalancing your mutual fund portfolio.

Rebalancing is as important as investing. You can do it once a year, or when your asset allocation deviates from your original plans. After a few years of investing in mutual funds, investors come face-to-face with two problems. The first is when and how to rebalance their portfolios? The second …

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How SIP is Best Investments, see with Proof.

Equities reward patient investors who stick around for the long term. Saurabh Mukherjea, Founder and Chief Investment Officer of Marcellus Investment Managers, said at the recently-held PMSBazaar’s PMS & AIF Summit in Mumbai that India ranked second and fifth among the top markets globally in terms of long-term returns (in …

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