Balwant Jain

Articles By Balwant Jain

26 Articles

Should you invest in tax-free bonds? Find out

In case of tax-free bonds, the interest is tax-free and therefore such bonds are priced higher than the taxable bonds.

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Claiming LTA benefits through GST paid goods and services – Here’s all you should know

Under the scheme announced, the Central government employees are allowed to get cash in lieu of their entitlement for leave and LTA both whereas other employees can claim LTA only, on satisfaction of certain conditions.

Can you get a home loan with no credit history? Find out

A CIBIL score is a numerical value ranging between 300 and 900 which is arrived on the basis of your transactions with financial institutions.

Does the SBI home loan restructuring scheme work for you?

SBI has announced that its home loan borrowers can opt for the moratorium for payment of their EMIs for a period up to two years.

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ESG Investing: How to invest in ESG companies – Here’s all you wanted to know

Even though the idea of investing on the ESG parameter is at a nascent stage in India, it is very likely to catch up soon due to increasing awareness about such important aspects.

Are you paying higher interest on your home loan?

In case your lender is charging you a higher interest rate on your home loan than what others are offering in the market, it always makes sense for you to either shift to another lender or to evaluate the possibility of getti

home loan, home loan interest rates, paying higher interest on home loan, Shifting of home loan, housing loan, home loan eligibility, home loan floating interest rate, prepayment penalty, processing fee

RBI’s individual loan restructuring scheme: All you wanted to know about it

To help the borrowers impacted by Covid-19, the RBI has announced guidelines for devising the policy for granting relief to such borrowers.

RBI individual loan restructuring scheme, personal loan restructuring scheme, RBI, EMI, NPA, salaried class, Covid-19, consumer credit, education loan, home loan, personal loan, resolution plan, credit score

How to open an NPS account online and offline – All you wanted to know

You can open an NPS account online by visiting the website of either NSDL or Karvy. There are the two routes through which you can register yourself for an NPS account.

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National Pension System: How withdrawals from Tier II NPS account should be taxed

Though tax benefits for contribution to the Tier I NPS account are available to all subscribers, tax benefits in respect of the Tier II account are available only to the Central government employees with three years lock-in p

National Pension System, NPS, Tier II NPS account, Tier I NPS account, withdrawals from NPS account, How withdrawals from Tier II NPS account should be taxed, Section 80CCC, Income tax act, Section 80CCD

Faceless Assessment & Taxpayers’ Charter: All you need to know about them and their impact on the system

In the series of tax reforms, the Prime Minister recently announced some reformative measures during the launch of 'Transparent Taxation - Honouring the Honest' platform. Let us discuss some of them.

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Restrictions on cash transactions under Income Tax laws: Here’s all you wanted to know

The income tax laws in India have various restrictions on payment in cash and receipt of money in cash in respect of various transactions. Here we are taking a look at some of them.

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How to save tax on sale of residential property – All you need to know

Many people are not aware that they have to pay tax in respect of profits made on sale of a residential house. In certain circumstances, you can save these taxes.

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Should you buy the new Corona-specific insurance policies?

IRDAI has introduced two Corona-specific insurance policies to cover the high cost of its treatment. However, should you opt for them?

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Why Senior Citizen Savings Scheme makes sense even now? Check features, interest rate, withdrawal details

Since the deposits under SCSS earn you higher returns than those generally available under other comparable safe investment avenues, it should be the first choice of senior citizens who want risk-free returns on their investm

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National Pension System: Basics of NPS, eligibility, benefits, nomination, contribution limit – All you wanted to know

Since the Government of India does not run any social security scheme to take care of its citizens after retirement, NPS was introduced by it under which you can contribute money in order to accumulate funds for your retireme

NPS account opening

RBI Floating Rate Savings Bonds: Tenure, taxability, interest rate – All you wanted to know

After discontinuing its 7.75% fixed interest rate bonds on the 28th May 2020, the RBI has come out with its new “floating rate savings bonds” on 26th June 2020, which will be available from 1st July 2020.

PPF, SCSS, NSC, KVP, MIS account opening, GDS branch, post office, child name

Income Tax Return filing for FY2019-20: Here is all you need to do before filing your ITR

Before you actually sit down to file your income tax return (ITR) for FY2019-20 or AY 2020-21, there are certain tasks which you need to complete beforehand.

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ITR filing for AY 2020-21: What is new in the New 26AS Form? Here is all you wanted to know

A new Form 26AS has been introduced by the Income Tax Department, which will have far more details than the earlier form. Let us discuss what new information will be made available to you under the new 26AS Form and why it is

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Traffic Accident Policy: Get insurance cover for personal accident and hospitalization expenses

The policy is extremely a must for those who are on the road for a major part of the day, such as sales personnel, courier boys, office boys and drivers, who are generally unable to afford the costly health insurance policy o

road accident, accident insurance

Income Tax Saving: How your spouse can help you save taxes

Your spouse not only helps you in meeting your social and personal obligations, but can also help you in saving income tax. Here is how.

If your estimated total income exceeds the minimum amount not chargeable to tax, then employer is expected to deduct TDS.

Mother’s Day 2020: Smart money moves to make to secure your mother’s financial future

This Mother’s Day, you can do certain things for your mother to make this day special for her from financial perspective.

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Now get cashless hospitalisation facility on your mutual fund investments; here’s how

For availing the facility of cashless hospitalisation, one has to opt for the Medical Advantage Feature while investing in the mutual funds of this fund house.

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Employee Stock Option Plan: All you need to know about ESOP and its tax implications

There are various reasons for which the employees of a company are given the option of ESOP. Here's all you need to know about it and whether you should go for it or not.

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Want your savings bank account deposits to earn better returns? Do this

Returns from the money kept in savings bank account are very low. If you want to keep your money safe but at the same time earn better returns, then here's is a better option.

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Tax benefits on education loan and fees; here’s all you need to know

The government provides some relief to taxpayers by allowing various tax benefits on education loans and fees. Find out how can you avail such benefits.

Tax benefits on education fees, tax benefits on education loan, tax benefits on tuition fee, tax exemption on education allowance, education tax breaks 2018

5 new income tax rules which will impact your finances

As these new tax rules will also impact one's finances and tax planning, it is important for us to know about them.

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Income Tax Calculator, Budget 2019, How to Calculate Income Tax


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