Your Castle of Dreams

We always strive to make our money work and look for newer options for growing the money which is kept idle in our bank accounts. This holds very true for life-stages such as retirement and future income planning. This is especially true for people after retirement without any pension. Right form people joining the work

1) Individuals and Hindu Undivided Family (HUF) less than 60 years old – Part (I):  Annual Income Tax Rates Health and Education Cess Up to Rs.2.5 lakh*  Nil  Nil  Rs.2,50,001-Rs.5 lakh  Nil  4% of Income Tax  Rs.5,00,001-Rs.10 lakh  20%  4% of Income Tax  Above Rs.10 lakh  30%  4% of Income Tax  Surcharge: When the total income

1.The Fixed Deposits (FD) Regardless of whether its making due in baddays where cash is too sparse to acting naturally self dependent amid budgetary crises and objectives be it subsidizing your kids’ schooling, purchasing a new house, assembling a retirement corpus, and so on.It is vital to contribute, and contribute wisely. The Government financial institutions,banks

Personal finance tips for 2019 Refinancing your Home Loan You will get offers on a much lower rate of interest Check if you are eligible for a higher loan amount too Homeloans may permits a switch from fixed to floating/adjustable interest rate The advantage could also help in potential saving in reduction in the loan

Tax proposals 2019-2020 at a glance for Individuals Income Tax slabs will remain the same for FY 2019-20. No tax on notional rent of second Self-occupied House under “Income from House Property” (up to two self-occupied house properties) to be considered for exemption. Tax Rebate Limit under 87A increased from Rs. 3.5 lakhs to Rs. 5 lakhs