Here is how you can calculate your taxable income. All the 5 heads of incomes have been shown in a graphical format for easy interpretation. The deduction under various sections like Section 80C and others is also depicted. The taxable income is the figure on which your final tax is calculated according to the slabRead More
infographics
Does Bank FDs Return More than the SENSEX?
I am not sure how many of you read through an article that The Economic Time published, but it prompted me to do a post on it. The article showcased the fact that bank FDs have returned more than Sensex since 1992. It was a bit startling because we have always heard about long termRead More
Latest Small Savings Schemes Interest Rates
Here are the latest Small Savings Schemes interest rates in India (Updated 1 April 2020) The small savings schemes interest rates are revised & managed by the Ministry – Department of Economic Affairs (DEA). Small savings is one of the departments under the ministry. Latest Small Saving Schemes Rates (1 April 2020- 30 June 2020)Read More
Profile of top 10% richest Indians [infographics]
Here is a snapshot on the top 10% of richest Indians. It shows where they live and what they consume. This is based on the book “How India Earns, Spends and Saves” which is quite an interesting eye opener on how we go about our daily lives. Maharashtra seems to be the city where mostRead More