JavaTechies / Personal Finance

Hello Friends, I got time to write this page after long time. Here, How would you have 83945 RS on your taxes ?       1) Equity Linked Savings Schemes (ELSS) ELSS the tax saving investment with shortest lock-in period and the potential of higher returns. Equity linked savings scheme or ELSS, as they are popularly known, are diversified equity mutual fund schemes that provides capital appreciation and also qualifies for tax saving. Amongst other tax saving instruments u/s 80C, ELSS not only has the potential to deliver higher returns but also has the shortest lock-in period of three years. Key Features : Type of Scheme: Equity-oriented Scheme Asset Allocation: 80-100% equities Scheme Objective: Capital Appreciation Tax Benefits : Investment up to a maximum of ` 1,50,000 is eligible for deduction under section 80 C. You can save a maximum of ` 46,350/- (depending on your income-tax slab) In addition to saving tax, the investor...

Dear PF Friends, Good Afternoon, If you are in touch with news paper or latest news then you'd heard about UAN. Don't worry if you don't know ..even i was not aware about this two day before ..of course it was launched on 17th OCT by new government and it's from EPFO.  EPFO has launched an Universal Account Number (UAN) based Member Portal to provide a number of facilities to its members through a single window •  Activate your registration to avail various facilities such as UAN card download, member passbook, updation of KYC information etc. •  As of now, only active members (contribution received through ECR for the wage month October 2013 onwards) would be able to register themselves. •  For registration, obtain UAN from your employer alongwith your member ID. •  Your mobile number would be required to activate registration.   Let's find out, wheter your employer has processed and enrolled UAN for you. here is clue, you can check ...

Today, I would like to give you a DIWALI gift. this gift is not physical gift and it could help you to buy medical insurance that would be proper,sufficient & could be best fit to your requirement So, Let us discuss few check list that would help you to find best or suitable medical insurance for you and it's as following . Don't buy too low or too high medical insurance. Your Medical insurance should cover few regular charges. Your Medical insurance should extendable and customization in future. Your Medical insurance should renewal and eligible even older age. Don't only depend on your company's medical insurance, you must have your personal one too. You should have maximum medical insurance if possible  Don't go with only bigger and credited company only, if any small or new company approve by IRDA and you are getting good medical insurance with lower premium then please go ahead. Bonus point : In this technology world, you'd able ...

Dear friends, Today, I would like to teach you how to access and get balance of your provident fund account ? Firstly, you have to register your self with one of the following valid ID proof. PAN Card AADHAR ID Bank Account Number Voting ID Driving License Number Passport Number  Ration card number and also you have to give valid and your personal mobile number for same registration too. Please follow this link for EPF registration link Once you have done the registration successfully, you are ready to access your EPF balance information. Please login with your above given valid ID proof and mobile using this link  If you have logged in successfully then you'd able to see home page of EPF. Please follow below steps to download your EPF balance passbook as PDF file. Click to "Download E Passbook" tab  Click to "Download E Passbook" first link in that tab Select State (mostly company's registered state or HQ...

   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...