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3 days ago | 
zeebiz.com | Shaghil Bilali
Inflation vs Monthly Income: Is your income growing, or is inflation forcing your lifestyle to shrink? Do you comfortably maintain your lifestyle on your income? Your income of Rs 25,000, Rs 50,000, Rs 75,000 or Rs 100,000 may seem sufficient today, but it will not have the same value 10 years down the line. As inflation erodes the value of money, your monthly income may fall short of maintaining your lifestyle in the future.
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3 days ago | 
zeebiz.com | Shaghil Bilali
8th Pay Commission for IAS, IPS Officers: Lakhs of employees work for central government in India, but officers from Indian Administrative Service (IAS) and Indian Police Service (IPS) attract the most attention because of the administrative powers they hold and influence in the public domain. As the 8th Pay Commission is about to be formed and there is quite a buzz about salary revision, the revised payouts of IAS and IPS officers are garnering attention.
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4 days ago | 
zeebiz.com | Shaghil Bilali
FD vs Inflation Calculations: The charm of fixed return investments is everlasting. However linked-return investment options may hit the market, many investors love the comparatively much safer environs of guaranteed returns. But in a scenario where inflation is reducing your purchasing power and FD rates are declining, what will be the real value of your FD investments?
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4 days ago | 
zeebiz.com | Shaghil Bilali
Top 6 Multicap Mutual Funds in 6 Months: When mutual fund investors invest in large, mid, or smallcap funds, each fund provides them a high exposure of one cap. While largecap funds need to maintain at least 80 per cent of their investments in largecap stocks, midcaps and smallcaps need to maintain at least 65 per cent of their investments in mid and smallcap stocks, respectively.
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5 days ago | 
zeebiz.com | Shaghil Bilali
Additional EMI vs One-time Prepayment: Repaying a home loan can give you and your family peace of mind. It can increase your cash inflow, helping you focus on other financial goals. But when repaying your Rs 60 lakh home loan, which repayment strategy may save more of your money – paying one additional EMI every year or making a one-time prepayment of an amount equal to all additional EMIs? See comparisons between 2 scenarios. Fixed vs Floating Rate Home LoanHome loans can be fixed or floating rate.
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5 days ago | 
zeebiz.com | Shaghil Bilali
UPS Gratuity Calculations: The finance ministry recently announced that Unified Pension Scheme (UPS) account holders will be eligible to get gratuity as per Central Civil Service (Payment of Gratuity under National Pension System) Rules, 2021. The maximum retirement and death gratuity that UPS subscribers can get is Rs 25 lakh. What are gratuity rules for UPS subscribers? Are they different from the gratuity rules for employees following Old Pension Scheme (OPS) and National Pension System (NPS)?
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5 days ago | 
zeebiz.com | Shaghil Bilali
Mutual Fund Investment vs Inflation: Creating an estimated Rs 1,50,00,000 corpus from a Rs 5,00,000 mutual fund lump sum investment can look promising on paper—growing your investment amount by 50 times. But there is one powerful force that is working against such wealth creation—inflation. At an average inflation rate of 6 per cent, the real value of your Rs 1,50,00,000 corpus could be far lower than you think. Will your return hold real value in the future?
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1 week ago | 
zeebiz.com | Shaghil Bilali
Gratuity Calculations: Gratuity is an important component for government employees as it forms a major chunk of monetary benefits. Employees following Old Pension Scheme (OPS), National Pension System (NPS) and Unified Pension Scheme (UPS) are eligible to get a gratuity amount upon completion of their service. But how is gratuity calculated for them? What is the minimum service years criterion? Do they get different gratuity in different pension systems?
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2 weeks ago | 
zeebiz.com | Shaghil Bilali
8th Pay Commission Calculations: Basic salary of a government employee remains the same during a 10-year tenure of a pay commission. But their dearness allowance (DA) and a few other allowances keep changing. DA is an important component of an employee's gross salary as it helps their payout meet inflation. Since it is revised every six months on the basis the All India Consumer Price Index- Industrial Workers (AICPA-IW) reading, the employee gets an increased salary twice a year.
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2 weeks ago | 
zeebiz.com | Shaghil Bilali
UPS vs NPS Pension Comparisons: Retirement is an important aspect for every government employee who seeks a comfortable life once their service ends. They have National Pension System (NPS) and Unified Pension System (UPS) as retirement schemes to create their retirement corpus and get a monthly pension. They may opt for either of them, and each scheme provides them to generate a sizeable retirement corpus and get a significant monthly pension.
