Frequently Asked Question

Our Blog

NPS

How Much Can I Contribute To NPS Account ?

How Much Can I Contribute To NPS Account in order to get the Income Tax benefit ? - Any Individual who is holding the NPS account may contribute as per the limitation provided by PFRDA. The Limitation of NPS account for contribution amount are : Any New subscriber can make his / her first contribution at the time of applying for registration at any POP-SP along NCIS (NPS Contribution Instruction Slip) form with amounting as per the condition provided :...

Learn More
NPS

How To Make Online Money Transfer To NPS Account ?

How To Make Online Money Transfer To NPS Account ? - Learn in few easy steps how to transfer money to your NPS account. NPS subscriber have option to transfer both in Tier I and Tier II account separately. There are common ways to transferthe money to both the account by subscribers.    1. If subscriber want to transfer money to their NPS account first he/she needs to fill the deposit form which is known as NCIS (NPS Contribution Instruction...

Learn More
IMPS

How To Do IMPS Fund Transfer in SBI ?

How To Do IMPS Fund Transfer in SBI ? - IMPS i.e. Immediate Payment Service , a new initiative for transferring fund...

Learn More
Investment

How To Calculate Gratuity Benefit ?

How To Calculate Gratuity Benefit ? - Gratuity is being paid by all the establishment in India having more than 10 employees and fall under gratuity act. Gratuity is the component of salary paid to employees after five years of continuous service in organization. The Amount paid under Gratuity are Exempted under Income Tax. Read No Tax on Gratuity for Details The Component of salary consider for calculation of Gratuity are Basic Pay  and dearness allowance. The length of service...

Learn More
Income Tax

Whether Provident Fund (PF) Taxable ?

Whether Provident Fund (PF) Taxable ? - Rule 8 of Part A of the Fourth Schedule of the Income Tax Act says that the accumulated balance due and becoming payable to an employee participating in a Recognized Provident Fund is exempted from paying Income tax. Any payment made to an employee from a provident fund to which Provident Fund Act, 1925 applies or from any other provident fund set up by the central government and notified by it in this behalf,...

Learn More
Income Tax

Does Gratuity and PF Taxable ?

Does Gratuity and PF Taxable ? -  Whether Gratuity paid to the employees on retirement or leaving the jobs are taxable as per Income Tax rule ?​​ As per the existing law Government employee Gratuity and PF (Provident Fund) receipts on retirement are exempt from tax. In the hands of non-Government employee, gratuity is exempt subject to the limits prescribed in this regard and PF receipts are exempt from tax, if the same are received from a recognized PF after...

Learn More
Loan FAQ

How To Calculate Loan Monthly Reducing Balances Interest?

How To Calculate Loan Monthly Reducing Balances Interest? - Number of time lender promote their loan products quoting Reducing Balance EMI. This...

Learn More
Financial Calculator

FD Calculator – Fixed Deposit Interest Calculator

FD Calculator - Fixed Deposit Interest Calculator for maturity value of the investment amount. Compare and get the best return on your investment at any banks in India. This FD Calculator works on all type of deposit scheme which includes interest compounding on quarterly basis, annual basis or on simple interest. Fixed Deposit Calculator gives you the accurate picture of what you earn on fixed deposit investment. How much do you earn though a Fixed Deposit ? Compare Best Fixed Deposit Rate By...

Learn More

Banking FAQs

Get FAQs