Month: June 2022

gst rates

Kya sasta kya mahnga after gst council meeting

The GST Council has decided to withdraw the exemption on some goods while increasing the rates on some. After this decision, 5 percent tax will be levied on packed wheat flour, papad, paneer, curd and buttermilk. Union Finance Minister Nirmala Sitharaman said that in the two-day meeting of the GST Council in Chandigarh, the suggestions …


sovereign gold bonds

SBI advise to invest in sovereign gold bond scheme

This time the Reserve Bank of India (RBI) has fixed the price of gold subscription at Rs 5091 per gram. Like every time, this time also investors applying online will be given a discount of Rs 50 per gram on the fixed price of the bond. The stock market is falling. Fears of recession are …


ELSSs

Best tax Saving Investment scheme ELSSs

Tax saving mutual funds or Equity linked Saving Schemes (ELSS) help you to save income tax under section 80C of the Income Tax Acts. You can invest a maximum of Rs 1.5 Lakh in ELSSs and claim tax deductions on your investments every financial year. Are you Interested? Before procedding further, you should first familiarise …


reduce the interest rate of EPFO

Government approved to reduce the interest rate of EPFO

In the midst of inflation, the central government has used scissors on the retirement fund of the salaried people. The government has approved an interest rate of 8.1 percent for the Employees’ Provident Fund (EPF) for the year 2021-22. This is the lowest in 4 decades. This will affect five crore EPFO ​​subscribers. Earlier in …