Will individuals with incomes below 12 lakh rupees be required to submit an (ITR) or not? Be aware of the most recent developments.
In Budget 2025, Minister of Finance Nirmala Sitharaman made a significant statement. According to her, the income tax rebate under Section 87A of the Income Tax Act was previously only applicable to earnings up to Rs 7.5 lakh. However, the income threshold for this benefit has been raised to Rs 12 lakh from April 1, 2025. People whose annual...
On January 1, the 8th Pay Commission will affect one crore workers.
The central government announced the creation of the 8th Pay Commission. This government declaration has elicited an overwhelming sense of joy. At the same time, central personnel wait for its deployment. We expect the implementation of the Eighth Pay Commission to begin on January 1, 2026. The implementation of the Eighth Pay Commission is scheduled to start in the...
Big report on 18 months’ worth of dearness allowance arrears; central employees’ hopes broke
The central government has cleared its attitude on the 18 months’ overdue DA arrears of central employees. The federal government has explained everything. The federal government has been under pressure from numerous employee groups to pay back 18 months’ worth of Dearness Allowance (DA) that has been overdue. The Minister of State for Finance, Pankaj Chaudhary, has answered this...
Will the government offer additional gifts to those in employment? The next step is to decide on PF after taxes.
The central administration of Narendra Modi plans to deliver another large present to the employed people after reducing income taxes. In fact, during its February 28th Central Board of Trustees (CBT) meeting, the Employees Provident Fund Organization (EPFO) may decide to alter the interest rate on 2024-25 provident fund deposits. According to sources, the committee could keep the interest...
FD Interest Rates: These 10 Banks, Including SBI, Is Offering Up to 8% Interest on 1-Year FDs
Here is fantastic news for those considering a fixed deposit (FD) investment! On 1-year FDs, several big public and commercial banks nationwide provide appealing interest rates. A report from ET claims that these institutions are giving up to 7.75% interest—in some cases even higher. Here are the top 10 banks with the best one-year FD returns. Banks Offering Up to...
Senior citizens are increasing their interest in FD! Investing for 5 years will give you a 9.1% return; know all the details.
Senior citizens' bumper interest in FD! Senior investors have a fantastic chance here because some banks still pay up to 9.1% interest on 5-year FDs. However, several banks have already begun lowering interest rates since the Reserve Bank of India (RBI) dropped the repo rate by 25 basis points (BPS) on February 7, 2025. Tell us which banks still...
Fixed deposit TDS will be decided like this, The government modified policies in line with the fresh decision.
Finance Minister Nirmala Sitharaman just delivered the budget for 2025. This budget made important modifications to TDS to streamline tax compliance and enhance cash flow. The TDS limit on interest income for senior citizens doubled from Rs 50,000 to Rs 1 lakh. We raised the overall maximum for bank interest to Rs 50,000 and, for other situations, to Rs...
How much tax will I pay to earn one crore from SIP? You will find this amazing.
How much capital gains tax will you pay when withdrawing Rs 1 crore from your SIP? Your holding time and the kind of fund—equity or debt—will determine it. Tax-free at 15% for less than one year and up to Rs 1 lakh for more than one year, equity funds would be liable for 10% LTCG tax beyond that. The...
The least expensive package from BSNL: 160 days of validity, 2GB of daily data, and all details.
BSNL Cheapest Plan: To provide consumers with improved services, BSNL continuously launches fresh plans. This plan can be perfect for you if you are a BSNL consumer seeking a decent one. Along with several wonderful advantages, including unlimited talking and data, this plan has a long validity of 160 days. BSNL's Rs 997 plan can be a wonderful fit...
8th Pay Commission: Know how much central staff pay will rise at which level? They will be significantly higher.
The central government has approved the formation of the 8th Pay Commission. This allows the pay and pension of about one crore government workers and pensioners all around the nation to rise. After this revelation, many want to know how much their monthly pay would increase under the revised pay scale. Reports indicate that the same computation method used...
