Post Office Monthly Income Scheme (POMIS) 2021 | Interest Rate, Eligibility, Benefits, FAQ

The Post Office Monthly Income Scheme i.e., POMIS is a small savings scheme backed by the Indian government that allows investors to set aside (save) a specified sum each month. Following that, interest is calculated at the applicable rate and paid to the depositor(s) every month.  The Post Office, like any other state bank, has … Read more

What is NPS Scheme | How To Open NPS Account – eNPS Registration, Login

The National Pension System NPS Scheme is a voluntary long-term investment retirement benefits scheme established by the Government of India to provide all subscribers with a regular income after they retire. The Pension Fund Regulatory and Development Authority (PFRDA) and the Central Government regulate the National Pension Scheme (NPS) India, This article has covered the … Read more

FSSAI Online Registration | Food License Eligibility, Documents, Procedure with Fee

The Food Safety and Standards Authority of India (FSSAI) was established to set science-based standards for food articles and to regulate their manufacture, distribution, storage, sale, and import in order to assure the availability of safe and wholesome food for human consumption. The article is equipped with FSSAI Online Registration details that will be coming … Read more

National Savings Certificate | NSC Scheme, Tax Benefits & Interest Rate

An Indian Resident can obtain a National Savings Certificate (NSC) at any post office to save money on taxes as per the tax savings scheme under section 80. NSC is typically favored by risk-averse investors or those trying to diversify their portfolios with fixed return instruments because it offers a fixed return and is supported … Read more

7th Pay Commission Table Matrix | 7th CPC Chart & Report Summary

The Government of India established the Pay Commission in 1947 to make recommendations on improvements to the salary structure of its employees. Seven Pay Commissions have been established on a regular basis since India’s independence to assess and offer suggestions on the work and pay structure of all civil and military divisions of the Indian … Read more

udyamregistration.gov.in, MSME Online Registration | Requirement, Fee, Certificate Download

The Government of India in agreement with the Micro, Small, and Medium Enterprises Development (MSMED) Act of 2006, has introduced Micro, Small, and Medium Enterprises (MSME Registration). These enterprises specialize in the production, manufacturing, processing, or storage of goods and commodities.MSMEs in India account for around 8% of the country’s GDP, 45 percent of manufacturing … Read more

LIC Loan Against Policy | LIC Loan Interest Rate, Processing Time [Form Download]

A loan is necessary to expand our business or meet our financial needs when we are in need. Banks and financial institutions give loans, and the banks charge interest based on market conditions. When a loan is taken out, the bank normally secures it against the borrower’s assets, such as a home, land, or other … Read more

What is Form 15G &15H | Form for Non-Deduction (Exemption) on TDS

When your interest income exceeds Rs.40,000 in a year, banks are required to deduct TDS (before FY 2019-20, the limit was Rs 10,000). This limit is calculated by adding deposits held in all of the bank’s branches. If your total income is less than the taxable limit, you can request that the bank not deduct … Read more

Gratuity Calculator Formula | Check Gratuity Act – Rules, Eligibility & Period

Gratuity Calculator The Gratuity Calculator determines the lump sum amount that a person may get upon leaving a job after working for at least five years in a row. What is Gratuity? Gratuity is the sum paid by an employer to an employee in exchange for services rendered to the firm. However, the gratuity is … Read more