Welcome to the blog of Be Money Aware. This page lists the posts to increase your awareness about money related topics.
Table of Contents
Beginners
Personal Finance Books For Adults And Young Adults
Book Review-JagoInvestor:Change your relationship with money
Educated but have No Financial Education
First lesson in financial education
Saving Bank Account:Do you know how interest is calculated and more
Salary
Salary, Net Salary, Gross Salary, Cost to Company: What is the difference
It’s not what you earn that makes your financial position!
Four Corner Stones:Income, Expense, Assets, Liabilities
Tax
Three stages of investment and Tax
Advance Tax:Details-What, How, Why
Paper Work
Paper Work A Necessary Headache
Right Paper Work For Those You Love: Part 1
Will: Right PaperWork For Those You Love-Part II
Bank Account,Term Deposit,Locker:Paperwork Required For Claim
Succession Certificate,Letter of Administration,Probate of Will
How to Nominate:Bank Account, Mutual Funds,
Claiming Deceased’s Mutual Fund Units
17 responses to “Basics of Money”
Sir mera aadhar card pe
Akhilesh name hai
Aur pan card pe Akhilesh kumar Jaiswar
Uan account me Akhilesh
To Sir uske liye
Kyc update nhi ho rha hai.
Koi options btaye please? ?
Sir mera and hard card pe
Akhilesh name hai
Aur pan card pe Akhilesh kumar Jaiswar
Ian account me Akhilesh
To Sir uske liye
Kyc update nhi ho rha hai.
Koi options btaye please? ?
Dear sir please
Resolv issues
Which issue to resolve?
My password is mising
From where your password is misssing?
Sir,
EPFO. Chandigarh has asked me to deposit a sum of Rs.419752.00 as on 28.2.2019 on account of excess contribution on higher wages exceeding statutory wage ceiling of Rs.5000.00 or Rs.6500.00 in PF(ER share) with up to date interest as declared under EPF Scheme, 1952 from time to time. It is as per Hon’ble Supreme Court orders in SLP No 33032-33033 of 2015.
EPFO. Chandigarh has ,on demand, refused to intimate the amount of revised monthly pension and the amount of arrear of pension on account of difference between revised monthly pension and monthly pension already receveid ,with out deposit of Rs.419752.00.I am not sure whether this scheme is beneficial or not..
As para 12 of EPS Act 1995,I have calculated revised monthly pension and amount of arrear of pension. Its working as given below=
1)EPF Joining date. Feb.1970.Pension scheme applicable w.e.f. April 1971.
2)Retirement date. Oct.2001.
3)Salary per month till 1995. Rs.4695.00.i.e.more than Rs.2500.00
4) year till 15.11.1995. 24years7months14 days.
5)Multiplication Factor. 6.589.
6)pay band. Rs.170.00.(A)
7)pension for past services. 170 * 6.589=1120.13.
8) Average monthly salary of 12 month
at the time of retirement. Rs.21773.00.
9)Length of service after 16.11.1995.
till date of retirement. 6+2( as bonus)=8 years.
10)pension for pensionable service. 21773 * 8 / 70=2488.34.
11) Total pension. A+B. 1120.13+2488.34=3608.47.
12) Amount refundable by EPFO. 3608.47*208=750562.35-169975.00( already received from Nov.1995 to Feb.2019 ) 580587.35.
I am not aware about any other guide lines or any other circulars of EPFO on this subject. I shall be gratefull , if you kindly advise me whether calculation made by me are correct.
nice
A detailed article and very informative also; Anyone who wants to invest to create wealth must understand 3 things 1) what is their objective/goal 2) What is their risk profile 3) Portfolio Performance need to monitor time-to-time. if all this can be done one can achieve their goal in a disciplined way.
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Dear Sir
I have purchased a property of rs 36,00,000 in fY 203-2014. i got notice from it department for not filling of return fr ay 2014-2015. in this 20,00,000 is loan and 9,99,000 paid by my husband and registry is also paid by him through NRE account . He is NRI . though loan borrowers are we two but installments are paid by him through NRE account. i only paid Rs 6,00,000 out of my savings and my income doesnt come within taxable limit. also in fy i deposited about Rs 5,00,000 amount as cash. they are saying to file the reason of not filing the return.
Could you please help me to know about the tax on Dividends gained from shares. Which ITR should I use for filing tax returns if I am having earnings some amount and more information like Accounting.
I do trading in Commodity Market. I am full time employee on MNC. I made loss in the commodity trading (MCX). Which ITR Shall I fill?
Please advice.
Regards,
Ashish
I don’t know about commodity trading (MCX). This link might be helpful to you.
Currently I am not holding any EPF account but I would like to open new VPF account without EPF account. Is it possible? Also I want to transfer all my old EPF account money to new VPF account, is it possible?
Sorry Aditya to do VPF one needs to have EPF account as contributions are made by the employer. Voluntary funds has details of Voluntary Provident Fund.
But you can open a Public Provident Fund (PPF) account if you have don’t have one. Let us know if you need details on PPF.
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