Budget Feb 1, 2023 (Income tax slab updates)1) Income tax exemption limit increased from Rs 2.5 lakh to Rs 3 lakh2) Tax Rebate under section 87A increased from Rs 5 lakh to Rs 7 lakh3) Going forward, the new income...

NPS Calculators by Banks SBI NPS CalculatorHDFC NPS CalculatorICICI NPS Calculator What is an NPS Calculator in India? NPS calculator is a tool that allows an investor to get an estimate of the wealth gained, maturity amount of the entire...

What are Investment Options? Investment happens when you buy certain assets in the expectation of earning a certain growth rate in a defined time period. The returns are generated when the value of assets grows. In simple terms, the assets...

While both are equity mutual funds what is the difference between ELSS and Equity Mutual Fund. So, what is exactly the difference between these 2 investments. To start with we know that both are equity oriented mutual funds. Equity mutual...

An investor can invest in mutual funds in 2 ways either by investing a lump sum amount or through a Systematic Investment Plan (SIP). In a lump sum Mutual Fund investment, an investor invests once and the amount remains invested...

What is the Meaning of Income From Business and Profession? As per section 2(13) of the Income Tax Act, a business includes any trade, commerce or manufacture or any adventure or concern like trade, commerce or manufacture. The term profession...

What is the Varishtha Pension Bima Yojana? During the NDA government's last time in office, the Varishtha Pension Bima Yojana (VPBY) was created as a pension program for senior persons. A total of 3.16 lakh annuitants will benefit from the...

What is GST (Goods and Service Tax) in India? GST is an indirect tax which is rolled out by the government in India with effect from 1st July 2017. GST in the State of Jammu and Kashmir with its own...