JavaTechies / Personal Finance

   Hello my friends,   EPFO has increased the limit of EPF from the amount 6500 to 15000 RS .   current deducting PF following way from employer/employee Employee : 6500*12% = 780 Employer : 6500*12%*1.61%(ST) = 885. And now, minimal total PF deduction will be work as below .. So, Employee : 15000*12% = 1800 Employer : 15000*12%*1.61%(ST) = 2041. How much additional loss & profit ?   Employee : 1020 (1800-780)  Employer : 1156 (2041-885) Now, Please be ready to cut your monthly take home salary by more than 1020 RS and good news is that employee will be giving additional 1156 appx RS to your PF account from employer PF contribution. Do not bother much about this thing and it would help you in retirement...

Hello My friends, This is your own clean simple tax benefit for you only, you would get it from budget 2014-2015 published today by our FM, Sir Arun Jetley. Our FM has published many very good benefits for our tax payers and ..give us very nice tax rebate for small & middle tax payer person.. Today, I am not going to give you all the complete benefit that would help you to save tax and take more money hand home :) yes ..for same i need to read the new budget in detail.. but do not worry, this post makes you happy and tell you in simple language what you get and  save ... following three many point that would help you to save tax and get benefit from this financial while paying tax .. Increase limit in 80c : 1 lacs to 1.5 lacs  Increase Home loan Interest : 1.5 lacs to 2 lacs Increase tax exempt from 2 lacs to 2.5 lacs .. So, to understand this funda in clean, let's consider you are earning total 10 lacs per year ... In this year, if you have to inve...

Hello Friends, In this post, I am going to tell you what you are and what your position !!! Congratulation again, you are promoted and you become CEO of yourself & your wealth. How ? Are you sure ? Yes, you are not still believing this position ? you are promoted of-course you were but after reading this post, you are promote  to CEO , This is the new position in your wealth ... Please ask following question to yourself :  Do you have money ? Are you keeping your little money to bank account?  Are you keeping your little money to bank deposit ? Do you feel your money little growing through that ? Do you always think about get more money ? Do you always think about faster grow your money ? Do you try to invest your money to equity market /mutual fund for growing it faster  or better return ? Do you think little bit about saving when you do shopping ? Do you think little bit about saving when you go for outing/lunch/dinner ? Do you feel yo...

Thinking ? visit me in few days

Reality or not, it's own pocket....how does project development work ? courtesy by : http://www.dilbert.com/

Hello Coder, Please don't get marry with your code :). Why ?  How ? When ? What ? Ok ..those might be your question with different context ?  Not at all the problem. Let me ask few challenge questions that you'd give idea about "title" of this post . when did you code last ?  Do you remember it ? Do you like/love it ? Do you want to review it ? even you find it's best for you at that time problem when did you feel your code fit to your problem ? Did you think it's only solution or optimize solution ? that you coded ? Did you feel your code is best and fit to all the requirement and expectation ? Did you feel happy if nobody not touch your code ? Did you duplicate your code instead of change your exists code for solve some problem?  Did you fear to change your code ?  ... .. . If you think answer of these question "YES" then you are always married with your code and you are happy with code, celebrating anniversary :) Ne...

It's raining, sunny and colder climate here. I am @Munich. Let's discuss new very interesting points that you would come to see while filing IT Return for this year 2014 and onward.. yes, in previous years, you didn't declared few allowance separately while filing IT Return and that lovely thing and didn't bother you much ....but this is not case now ..if you filing IT return byown. In this year onward, it's mandatory to declare/show following separate allowance from your section-10 under the form 16. Travel concession/assistance received u/s 10(5) Tax paid by employer on non monetary perquisite u/s 10(10CC) Allowance to meet expenditure incurred on house rent u/s 10(13A) Other exempt allowances u/s 10 - See more at: http://www.taxspanner.com/taxspan/new-rules-of-tax-filing-for-2014/?utm_source=complete_guide&utm_medium=html_email&utm_term=CAMP2466600522013&utm_content=2014-06-24&utm_campaign=ay2013-14_paid#sthash.SIfgDcdV.dpuf  Lea...