FAQ's about personal finance during lockdown answered | RBI New Financial Year

Описание: 1:31 - Who does the 3-month moratorium on payments benefit? Who should avail of it?
3:40 - How exactly does the charging of the interest on loan amounts work exactly?
5:43 - Does the loan payment benefit cover your credit card dues and other such dues?
6:15 - Has the financial year-end been extended to June 30th, 2020 as well?
7:30 - Should I file my income tax returns now or should I wait to pay it after the 3 month period?
8:05 - Other than a time-period extension, are there any other benefits for the taxpayer?
9:08 - If I claim my income tax deduction that I am paying up to June 30th for the financial year
9:20 - what do I do for my 20-21 deductions?
10:19 - What kind of investments can I make now and after June so that I can claim deductions for this year as well as the next financial year?
11:45 - Will the salary/income that I am earning from April to June be considered as income for the previous year or FY 20-21?
12:26 - Can I take Home Loan payments made in Apr-May-June as a deduction for the previous financial year?
13:30 - How to plan your payments, claim deductions for the coming few months?
14:25 - Has the Government provided any relief or financial benefits to Small or Medium Business Owners who can’t afford to pay their staff, store rent, etc. right now?
15:52 - Are there any benefits given by the Government for unemployed people or people who have lost their job during this period?
17:10 - How do we prepare ourselves financially to survive these next few months?
19:35 - Where do I keep the money I am saving right now? Where do I invest? Should I keep it in Mutual Funds?
20:57 - Is it safe to keep some of our money in private banks right now?
22:31 - What advice would you give a business owner on how to navigate finances during this time?
24:30 - A suggestion to everyone watching this video
25:24 - Who should a Business Owner consult with to do their financial planning?

Get your questions and confusions related to Personal Finance during lockdown answered by one of Mangalore's finest Practicing Chartered Accountant, Founder of KVC Academy and Partner at KNDC & Associates LLP Chartered Accountants, Kiran Vasant.


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