The salary of a public sector undertaking ( PSU) companies are based on certain Pay-scale & Perks and Dearness Allowance (DA). Unlike private sector the PSU salary structure are well defined, therefore psu salary is fixed across different levels and any one can calculate salary from pay scale at each levels. The ...
Read More »GDP calculation: An essential economic aspect
GDP or Gross Domestic Product is a numerical indicator of the current economic condition of a country in terms of the final value of goods and services produced within a specific geographic region over a definite time period. Normally, GDP is calculated for a country or the states within the ...
Read More »Carpet area, Built-up Area and Super Built-up Area Meaning and Calculations
In the process of searching for our dream home we sometimes messed up with frequently used real estate terminologies which are actually the decisive factors while selecting the right projects. We know our requirements of room sizes or total area of flat for our dream home. Whereas builder uses the term Saleable area and calculates the ...
Read More »What to buy and what not to before and after GST Implementation
GST or Goods and Services Tax is going to be implemented in pan India soon. This is an indirect tax reform targeted to simplify the taxation system on goods and services in all forms. It will make India a single market with specific tax slabs for different kinds of goods ...
Read More »Revised Service charges of SBI Explained – Charges on Transaction| Deposits| NEFT| RTGS and More
State Bank of India has revised it Service charges for various transactions occurring at different levels by various modes at Banks. Details of these transaction can be seen at SBI internet portal www.sbi.co.in. However there are some important charges that come across in our daily banking activity and therefore must be ...
Read More »Simplest Explanation of GST Tax Calculation
The major reform in taxation system of Indian economy is taking place in the form of implementation of Goods and Services Tax. GST has been the latest buzz among trader and the economist since the GST bill introduced in year 2016. What will be the GST numbers ?? How gst ...
Read More »How SIP Calculator Calculates Return on Mutual Fund Investment
Systematic Investment Plan (SIP) is a smartest mode of Investment in Mutual Funds. An Investment through SIP gives definite good returns in longer run. Some people merely see the appreciated value of NAV and think they earned good return. However the SIP returns are calculated differently because of periodic investment ...
Read More »Income Tax Slab FY 2017-18 (AY 2017-18) New Rates Announced in Budget 2017
Finance Minister has announced some major changes in the Tax Rates for the lower-income group people in the Budget session held in February 01, 2017. He proposed to reduce the income tax rate from 10% to 5% in the lowest Income Tax Slab of 2,50,000 – 5,00,000. However he made ...
Read More »How Does CRR and Repo Rate Affect The EMI For Housing And Car Loans
Whether you are planning to purchase a new car or a home the first thing that you look for is your budget. You might have saved a good amount but seeking the high prices of the assets availing loan has become unavoidable these days. The fluctuating rate of interest on ...
Read More »10 Secure Cashless Payment Methods for Cashless Transaction in India
Modi government’s strive for digital India has taken a fast pace after demonetization announced on 8th November, 2016. ‘Less-cash’ or ‘Cashless’ has emerged as the new buzzword in the Indian economy. Due to less cash available in the banking system everyone is searching for cashless mode of payments. Online payments and debit ...
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