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Bankers / Pensioners
Dearness Allowance Chart
Bank Dearness Allowance formula and Calculation
Starting Salary of Bank Clerks.
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Starting Salary of Bank Sub-Staff .
Important Income Tax sections on deductions from Income.
Latest DA to Pensioners.
Gratuity Calculator
Pension and Commutation Calculator
Pension and Commutation Calculator with Work sheet.
New Pension Scheme for Public Sector Banks-know More
12th Bipartite Settlement.
9th Joint Note -Bank Officers' Salary Settlement.
Banking Laws Amendment Act 2024
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Deposits / Rates
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Calculators
Bank Pensioners' Exgtatia Calculator(Officers,Clerks and Sub-Staff).
Deposit Interest Calculator
Recurring Deposit Calculator
Loan EMI Calculator.
Income Tax Calculator FY 2024-25.
Income Tax Calculator FY 2023-24.
Pension and Commutation Calculator.
Pension and Commutation Calculator with Work sheet.
Gratuity Calculator.
NSC interest deduction U/S 80C-FY 2024-25 .
NSC interest deduction U/S 80C-FY 2023-24 .
NSC interest deduction U/S 80C-FY 2022-23 .
NSC Interest and Maturity Value Calculator.
Income from House Property Calculator.
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Income Tax
Income Tax Calculator FY 2024-25.
Income Tax Calculator FY 2023-24.
List of benefits available to Salaried Persons-FY 2024-25
Income Tax Rates-Financial Year 2024-25(AY 2025-26)
Income Tax Rates-Financial Year 2023-24(AY 2024-25)
Income Tax Important sections for deduction from Income
NSC Accrued interest deduction U/S 80C-FY 2024-25 .
NSC Accrued interest deduction U/S 80C-FY 2023-24 .
National Savings Certificate(NSC)
Interest and Maturity Value Calculator.
Post Office Savings Schemes Interest Rates.
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November 18,2024.
All about income tax on salary-Financial Year 2024-25.
A comprehensive guide.
Income Tax Calculator- FY 2024-25.
Income Tax Rates FY 2024-25.
Income Tax important sections for availing deductions from Income.
Deduction limits
Finance Bill 2024
Memorandum explaining the provisions in Finance Bill 2024.
Income Tax Act 1961
NSC VIII th Issue -Interest eligible for deduction U/S 80C .
NSC Accrued Interest Calculator
NSC Accrued Interest Chart
HRA Rebate Calculator.
Details of deductions allowed -FY 2023-24
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Important points to remember:
Standard Deductions:
Standard Deductions -New Tax Regime Max Rs 75000.
Standard Deductions Old Tax Regime Max Rs 50000.
Standard Deductions Family Pensioners Max Rs 25000.
Section 87A. New Tax Regime
A resident individual (whose net income does not exceed Rs. 7,00,000) can avail rebate under section 87A.
It is deductible from income-tax before calculating education cess.
The amount of rebate is 100 per cent of income-tax or Rs. 25000, whichever is less.
Section 87A: Old Tax Regime
A resident individual (whose net income does not exceed Rs. 5,00,000) can avail rebate under section 87A.
It is deductible from income-tax before calculating education cess.
The amount of rebate is 100 per cent of income-tax or Rs. 12,500, whichever is less.
Section 80TTA-Interest frrom Savings Bank Account: Old Tax Regime
For Individuals other than senior Citizens :Max Rs10000.
Interest on Fixed and other deposits not allowed.
Section 80TTB-Interest frrom Savings Bank and Fixed Deposit Accounts Account: Old Tax Regime
For Senior Citizens :Interest from Savings and Fixed Deposit Accounts: Max Rs50000.
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Subramanian S (Retd Manager,United Bank of India.)