Money in India
Everything you need to plan money in India, in one place — calculators that work in rupees and links to the official sources that set the rules.
Free calculators for India
These open in INR automatically. You can switch currency on any tool.
Key rules to know
Two income tax regimes
Individuals can choose between the old regime (with deductions such as Section 80C) and the new regime (lower slab rates, fewer deductions). The new regime is the default, so compare both before you file.
PPF: long-term, government-backed
The Public Provident Fund has a 15-year term and a yearly deposit limit. Its interest rate is reviewed by the government every quarter.
EPF for salaried employees
Employees and employers each contribute a share of basic pay plus DA. Part of the employer’s share goes to the pension scheme (EPS). EPFO declares the interest rate each year.
NPS for retirement
The National Pension System is a market-linked pension regulated by PFRDA. At retirement, part of the corpus must buy an annuity.
Mutual funds and SIPs
Mutual funds are regulated by SEBI. A SIP invests a fixed amount every month, which spreads your purchases over time.
Bank deposits are insured — up to a limit
DICGC insures bank deposits up to a fixed amount per depositor per bank. Check the current limit on the DICGC website before keeping large balances in one bank.
Official sources
Rates, limits and allowances change. Always confirm current figures with the official source.
- Income Tax Department e-filing — File returns, compare regimes, check refunds
- Reserve Bank of India — Repo rate, banking rules, consumer complaints
- SEBI — Stock market and mutual fund regulator
- AMFI — Mutual fund NAVs and registered distributors
- EPFO — EPF balance, passbook and withdrawals
- PFRDA (NPS) — National Pension System rules
- India Post savings schemes — PPF, NSC, SCSS and other small savings
- DICGC — Bank deposit insurance limits
- GST portal — GST registration and returns for businesses
- Startup India — Recognition, schemes and benefits for startups
Common questions
Old or new tax regime — which is better?
It depends on how many deductions you claim. If your 80C, HRA, home-loan and other deductions are large, the old regime can win; otherwise the new regime’s lower rates often do. Use the official tax calculator on the e-filing portal to compare.
PPF or SIP for long-term goals?
PPF offers a government-backed, tax-free return with a long lock-in. Equity SIPs can grow faster over long periods but carry market risk. Many people use both: PPF for stability, SIPs for growth.
This page is general education, not financial, tax or legal advice. See our disclaimer.