Calculators to make your
Calculators to make your work easy!
The PF interest rates are decided by the PF board. However, the PF department does not have the final say in this. Once decided by them, the proposal is then forwarded to the Finance Ministry for approval after which the rate of interest is notified and credited to the accounts of PF members.
Bonus is the compensation given to the employee in addition to the amount of pay specified as the base salary. A bonus is financial compensation that is above and beyond the normal salary of the employee.
Capital Gain Calculator
Most investors don’t know that profit from stock investing is not your income, but it is capital gain. It is not taxed as per your income tax slabs but as per Long term and Short term capital gain rules.
House Rent Allowance, or commonly known as HRA, is an amount which is paid by employers to employees as a part of their salaries to employees for paying their house rent. This allowance is on the basis that the employee is renting a place for accommodation for his work purpose.
The Employee State Insurance (“ESI”) is a contributory fund that has contributions both from the employer and employee and enables Indian employees to take part in a self-financed, healthcare, insurance fund.
CAGR refers to the mean annual growth of an investment over a specific duration. The value of the investment is assumed to be compounded over the period. Unlike the absolute return, CAGR takes the time value of money into the account. As a result, it can reflect the actual returns of an investment generated over a year.
PF Interest Calculator
The PF calculator uses proprietary technology to fetch the correct sum every time you input data. Provident Fund acts as a guarantee for future prosperity or loss of employment, and is of great use for future financial decision-making.
A SIP calculator is a simple tool that allows individuals to get an idea of the returns on their mutual fund investments made through SIP. SIP investments in mutual funds have become one of the most popular investment options for millennials lately.