BOB MONSOON DHAMAKA | Deposit Scheme

BOB MONSOON DHAMAKA Deposit Scheme

Bank of Baroda (BOB) introduced the BOB MONSOON DHAMAKA Deposit Scheme in 2 tenures on 15th July’24. There are 2 Deposit schemes introduced for a tenure of 333 days and of 399 days. Basic details of the BOB Monsoon Dhamaka Scheme : Class Tenure Interest Int. (Sr. Ctzn.) Deposit Amt. Callable Deposit 333 days  @ 7.15%  @ 7.65% Less than ₹ 1 Cr. 399 days  @ 7.25%  @ 7.75% Less than ₹ 1 Cr. Non-Callable Deposit 399 days  @ 7.40%  @ 7.90% From ₹ 1 Cr. to ₹ 3 Cr.…

Continue Reading.....

AMRIT VRISHTI | SBI Fixed Deposit scheme

SBI Amrit Vrishti FD Scheme

State Bank of India (SBI) India’s largest Public Sector Bank again launched an attractive scheme called the “AMRIT VRISHTI Fixed Deposit scheme” on 15th July 2024. This is in continuation of the existing Fixed Deposit Scheme, “Amrit Kalash”. This scheme is launched along with the existing Amrit Kalash Fixed Deposit scheme in the same category. About the Amrit Vrishti Fixed Deposit Scheme : This is a Term Deposit scheme re-started on 15th July’24 with a higher interest rate than on other deposits. It targets customers who can lock their investments…

Continue Reading.....

Negotiation of Salary

Negotiation of Salary

Points involved in the Negotiation of Salary I am writing here to the point article on Negotiation of Salary to understand in a better way. What are the criteria on which the compensation / salary is structured? The salary is always based on, Your Qualification. Your Experience in the Job title for which You applied. Your designation in the previous organisation / company. Your last drawn salary in the previous organization. The most important part is, your Age – Qualification – current Salary (3-way match) should be a reasonable match.…

Continue Reading.....

Income Tax Calculator for FY 2023-24 (AY 2024-25) | Free Excel Download

income tax calculator for fy 2023-24

The Income Tax Calculator for FY 2023-24 (AY 2024-25) is in Excel and is free to download. Tax Calculation Heads for individuals. Salary income Pension House Property Other Sources (Interest, Dividends etc.) Download Button : Click on the below link / button to download the free Excel, income tax calculator for FY 2023-24.   Do you want to earn some Pocket Money online in your free time? – Click here to sign up and start Your Earning. The income Tax Slab for computation in the Income Tax Calculator for FY…

Continue Reading.....

Interest under Sec. 234A, 234B, 234C for FY 2021-22 of Income Tax Act – Excel Calculator

Interest under Sec. 234ABC. FY 2021-22

Interest under Sec. 234A, 234B, 234C of Income Tax Act :   An Assessee has to pay Taxes in Advance on his/her income during the Financial Year. In case, of default in paying the same will attract the interest liability and calculate the interest under sec. 234A, 234B, and 234C of the Income Tax Act. You can put the Tax liability & Advance payments to calculate the interest under Sec. 234A, 234B, and 234C of the Income Tax Act in the Free Excel Calculator. To download the same, please click…

Continue Reading.....

Salary Structure

Salary Structure

The Companies allow Employees to design Salary Structure according to their needs. It will give the broad components to decide the Structure of Salary. What is Salary Structure | Salary Structure Design? It is basically components under which the whole payment is divided depending on the Tax Planning of each employee.  The Companies provide the Basic Salary and the balance will be allowed to opt from the given components. It is called a Basket of Allowances (BOA). The Basic salary is always a Fixed component and BOA will be offered…

Continue Reading.....

Income Tax Calculator for FY 2022-23 (AY 2023-24) | Free Excel Download

income tax calculator for FY 2022-23

Free excel Income Tax Calculator for FY 2022-23 (AY 2023-24) is available for free to download. It calculates the Tax on income under below heads for individuals. Salary income Pension House Property Other Sources (Interest, Dividends etc.) Click on below link / button to download the free excel income tax calculator for FY 2022-23. Income Tax Slab for computation in Income Tax Calculator for FY 2022-23 is briefed below. The new regime of taxation is introduced from FY 2020-21, which is optional to an Assessee. In Option/alternative 1 (Old regime),…

Continue Reading.....

Option Writer | Option Writing

Option Writer

Segments in Stock Market : Equity Market or Spot Market Derivatives or F&O are divided into 2 parts.. Futures Options (Call and Put). The contracts are created by Option Writer. In this article, we are looking into the happening of trades in the Options segment/Options market. Options Trading : It is trading in 2 types of Options. Call Option : Right to Buy Put Option : Right to Sell When the person buys an Option, it means someone sells the same. Either it is Call or a Put Option. Option…

Continue Reading.....