Personal Tax and Finance

Welcome to @personaltax – Your Simplified Guide to Indian Tax & Personal Finance!

At @personaltax, we simplify complex tax laws, break down government updates, and offer easy-to-understand guides on managing your personal finances. Whether you’re a salaried employee, small business owner, professional, or studentβ€”our goal is to empower you with clear, accurate, and actionable financial knowledge.

On this channel, you’ll find:

Step-by-step guides to file Income Tax Returns (ITR)

GST updates, return filing tutorials & compliance checklists

TDS/TCS explanations, Form 16, Form 26AS, AIS statements

Investment tax planning & deductions under Sections 80C to 80U

Personal finance tips, EPF/PPF/NPS insights & financial year-end planning

Government schemes & how to benefit from them (PMVVY, SCSS, etc.)


Why Subscribe?
Because we keep it simple, practical, and up to date.

Follow the Personal Tax and Finance channel on WhatsApp: whatsapp.com/channel/0029VajJTHbDzgT5KsOH6P0j


Personal Tax and Finance

We are starting Portfolio Management Services for our First *100* Members where we will be reviewing their existing portfolios and advice them how they can earn more returns.

Please connect on 9675088762 if you want to avail this service

3 days ago | [YT] | 1

Personal Tax and Finance

*KUSUMGAR IPO FINAL DECISION*πŸ‘‡πŸ»

βœ”οΈFundamentally sound company πŸ‘πŸ»

βœ”οΈ Anchor investor list is very good 😍

βœ”οΈ Valuations kept are little high. Company is asking for higher price as compared to it's peers.

βœ”οΈGMP is good around 38% as of now.

βœ”οΈSubscription till date is goodπŸ‘πŸ»

Looking at current market situation one can apply in this IPO βœ…

*Disclaimer: No buy or sell recommendations. Please consult with your financial advisors before investing or taking any call

4 days ago | [YT] | 1

Personal Tax and Finance

πŸ“ˆ SBI Fund Management IPO πŸŽ‰

πŸ“… IPO Dates: 14 July – 16 July 2026
πŸ’° Price Band: β‚Ή545 – β‚Ή574
πŸ“¦ Lot Size: 26 Shares
πŸ’Ό Issue Size: β‚Ή11,692.91 Crore

βœ… Shareholder Quota Available
βœ… Employee Quota Available

πŸ“’ Important Update:
SBI Funds Management has corrected its clerical error regarding the QIB bidding schedule.

βœ… QIB Closing Date is now also 16 July 2026, the same as the IPO closing date.

5 days ago | [YT] | 5

Personal Tax and Finance

Kind Attention Taxpayers!

The Excel Utility for ITR-5 for Assessment Year 2026–27 is now available on the Income Tax e-Filing portal.

Visit: www.incometax.gov.in/iec/foportal/

6 days ago | [YT] | 4

Personal Tax and Finance

πŸ”” IPO Listing Update πŸ“ˆ

πŸ“¦ Knack Packaging IPO

πŸ“Š Listed at β‚Ή188 on NSE vs issue price β‚Ή170
πŸš€ Premium: +10.59%


πŸŽ‰ Congratulations to all who got allotment! πŸš€

6 days ago | [YT] | 2

Personal Tax and Finance

Debt Free Companies with above 70% Promoter Holding!πŸŽ―πŸ“Š

(1) MMTC β€” 89.93%
(2) ICICI AMC β€” 87.59%
(3) India Tourism Development Corporation β€” 87.03%
(4) General Insurance Corporation of India β€” 85.78%
(5) New India Assurance β€” 85.44%
(6) Mazagon Dock Shipbuilders β€” 84.83%
(7) Elcid Investment β€” 75.00%
(8) Elantas Beck β€” 75.00%
(9) Kalyani Investment β€” 74.97%
(10) Sharda Cropchem β€” 74.82%
(11) Vinati Organics β€” 74.28%
(12) Gujarat Mineral Development Corporation β€” 74.00%
(13) Nippon Life India Asset Management β€” 73.10%
(14) RPG Life Sciences β€” 72.81%
(15) Oracle Financial Services Software β€” 72.78%
(16) Sika Interplant β€” 71.72%
(17) Hindustan Aeronautics β€” 71.64%
(18) Caplin Point Laboratories β€” 70.62%
(19) Shanthi Gears β€” 70.47%

6 days ago | [YT] | 3

Personal Tax and Finance

Reliance bought the dead brand Campa Cola for just β‚Ή22 Cr in 2022.

In just 3 years, it built a business worth β‚Ή4,700 Cr. 🀯

1 week ago | [YT] | 3

Personal Tax and Finance

SME investing is not a hack to get rich fast β€” it can just as easily hack away 90% of your capitalπŸ“‰

In the past 2 years alone, several SME stocks have crushed investor wealth:

πŸ”» Teerth Gopicon: -97.2%
πŸ”» Perfect Infraengineers: -91.7%
πŸ”» Owais Metal & Mineral: -91.4%
πŸ”» Emkay Taps & Cutting: -90.4%
πŸ”» Kalahridhaan Trendz: -90.1%
πŸ”» Drone Destination: -90.0%
πŸ”» Shree Krishna Infra: -90.0%

No exciting narrative, hot theme, or listing-day rally can substitute for real fundamentals, clean governance, and sane valuations.

Stop chasing every SME IPO just because it's trending. Capital protection beats chasing quick multibaggers, every single time.

Remember the math: a 90% loss needs a 900% gain just to get back to zero. Trade smart, not fast.

1 week ago | [YT] | 4

Personal Tax and Finance

πŸ’€ DARK SIDE OF SHARE MARKET πŸ’€

BIGGEST WEALTH DESTROYERS

1. IEX below 62% from ATH
2. IREDA below 61% from ATH
3. Kaynes Tech below 60% from ATH
4. IRCTC below 59% from ATH
5. KPIT Tech below 60% from ATH
6. Swiggy below 60% from ATH
7. TATA Elxsi below 60% from ATH
8. IRFC below 58% from ATH
9. Cochin Shipyard below 52% from ATH
10. Trent below 50% from ATH
11. SBI Cards below 49% from ATH
12. Rites below 48% from ATH
13. Bajaj Housing below 56% from ATH
14. JSW Holding below 55% from ATH
15. Jubilant Foods below 50% from ATH
16. Kalyan Jewellers below 51% from ATH
17. Amara Raja below 53% from ATH
18. DLF below 53% from ATH
19. ACC below 52% from ATH
20. TCS below 50% from ATH

1 week ago | [YT] | 5

Personal Tax and Finance

The updated EPF Scheme 2026 caps mandatory monthly contributions at β‚Ή1,800 for both employees and employers. While the statutory wage limit remains at β‚Ή15,000, the new scheme clarifies that contributions on salaries exceeding this amount are voluntary. It also simplifies partial withdrawals and maintains the interest rate at 8.25%.

Key Rules & Changes under the EPF Scheme 2026Contribution Limits: Both employees and employers must contribute 12% of wages, but this is legally mandatory only up to the β‚Ή15,000 statutory wage ceiling (equating to β‚Ή1,800 each). Any contribution above this limit is voluntary, and employers are not legally required to match voluntary contributions beyond the β‚Ή1,800 mark

Interest Rate: The EPF interest rate stands at 8.25% for the member accounts.

Withdrawal Rules: The categories for partial advance withdrawals have been streamlined from 13 different categories to just 3 essential needs: essential needs, housing needs, and special circumstances. Members can withdraw up to 100% of their eligible balance; however, a minimum balance equivalent to 25% of total contributions must be retained in the account.

Seamless Transition: Existing EPFO members are automatically enrolled into the 2026 framework without any loss of accumulated corpus or changes to UAN.

VPF Contributions: The Voluntary Provident Fund rules remain unchanged, meaning employees can still choose to save more than the minimum cap.

For more details on how these changes affect your take-home pay, you can read the full details of the scheme links given below

Employees' Provident Funds Scheme, 2026 www.epfindia.gov.in/site_docs/PDFs/Downloads_PDFs/…

Employees' Pension Scheme, 2026 www.epfindia.gov.in/site_docs/PDFs/Downloads_PDFs/…

Employees' Deposit-Linked Insurance Scheme, 2026 www.epfindia.gov.in/site_docs/PDFs/Downloads_PDFs/…

1 week ago | [YT] | 4