Finance & Money#Tag

SBI Maxgain home loan account helps earn more interest than savings account if you plan carefully

How Much Home Loan Can I Get – Salary India?

Anil Gupta
  By Anil Gupta      Updated  5 Jun, 20
 

Home loan eligibility is 60 times net monthly salary. Wife/parent as co-applicant. Credit card balance deducted. Bank finances 90% of Cost.

#Finance & Money
Save Tax India

Increase In-hand Salary without changing CTC in India?

Anil Gupta
  By Anil Gupta      Updated  3 Jun, 20
 

Increase in hand salary without changing CTC in India by claiming HRA, home loan, conveyance, medical, LTA, investment tax rebates. Cut income tax.

#Finance & Money
Compare EPF, VPF and PPF for Indian Employee

EPF vs PPF Vs VPF – CTC and Salary Slip

Anil Gupta
  By Anil Gupta      Updated  3 Jun, 20
 

Compare Employer Provident Fund (EPF) vs PPF (Public Provident Fund) vs VPF (Voluntary Provident Fund). EPF, VPF @12% of basic. Open all EPF+VPF and PPF.

#Finance & Money

LTA – Leave Travel Allowance, Income Tax Rules Explained

Anil Gupta
  By Anil Gupta      Updated  31 May, 20
 

LTA is leave travel allowance meant for making tax exempt holiday once in period of two years with or without family. Air travel, train ticket cost (economy or first class AC), hotel and taxi bills within India (no abroad) are allowed. Full LTA that is part of CTC can be claimed with receipts.

#Finance & Money
Save Tax India

HRA Tax – Pay Rent to Wife?

Anil Gupta
  By Anil Gupta      Updated  29 May, 20
 

Yes, you can pay rent to wife or parents to claim Indian HRA (House Rent Allowance) tax exemption. Paid rent is counted as spouse or parent income. File ITR.

#Finance & Money
Cost to company in India - take home salary

What is CTC? Difference between CTC Package & Net Salary?

Anil Gupta
  By Anil Gupta      Updated  17 May, 20
 

CTC full form is Cost To Company. It means total salary package & benefits received by employee in a year including free meals, cabs, interest free loans.

#Finance & Money