I use XIRR to calculate the effective return on my investments, such as chit funds, LIC policies, mutual funds, and other assets where irregular cash flows occur over a specific period. While Microsoft Excel is often the go-to for calculating XIRR (Extended Internal Rate of Return), it’s not always the easiest tool ...
Use this 8th CPC Pay Matrix Calculator to generate the expected basic pay across all pay levels. Just enter the fitment factor you want to test (at this stage, fitment factor is the main value we can use for estimation), and the tool will handle the remaining part. It auto applies rationalisation based on the ...
The calculator below provides an estimate of arrears if the 8th CPC salary revision is applied retrospectively.How to calculate expected 8th CPC arrears.Central Government employees have this question in their mind: how much arrears can I get if the 8th CPC implementation happens late? That is exactly ...
Fitment factor (or fitment percentage) is the main thing that matters when projecting the expected salary increase under the 8th Pay Commission for Central Government employees. Below is a calculator you can use to estimate the fitment factor based on the most widely followed approaches, the Pay Commission may ...
What is expense ratio? How to find it?When you put money into a mutual fund, either through a lump sum or a SIP, you are trusting AMCs or fund houses to take care of your money and help it grow. The Asset Management Company (AMC) overseeing the fund, for example, ICICI Prudential Mutual Fund, charges a small ...
The Central Government has officially announced the constitution of the 8th Pay Commission, and curiosity among employees is now at an all-time high. What will the revised salaries actually look like once the new pay structure is implemented? Will higher taxes and statutory deductions offset a major portion ...
Can anyone make ₹1 Crore by investing just ₹100 per day in SIP? Calculate it below.While a monthly investment of ₹3,045 may (take it with a grain of salt) help you reach ₹1 crore in 25 years, have you considered the real value of this ₹1 crore after a few decades? It would be worth only ₹20 lakhs in ...
