• By In this story, we will discuss about the various tax benefits available for senior citizens those availing retirement benefits like commuted pension, gratuity, leave encashment on retirement and provident fund, etc. First, let's understand who actually are senior citizens as per the Income Tax Department.
• 2025-05-26

Learn More

• By Typically, the ITR filing process begins on April 1 of the assessment year. Accordingly, for FY 2024–25, filing should have opened on April 1, 2025. However, this year, there has been a delay, and the process is now expected to begin in June 2025.
• 2025-05-26

Learn More

• By Form 16 or Form 16A is the certificate of deduction of tax at source. It is issued on deduction of tax by the employer on behalf of the employees and provide details of TDS/TCS for various transactions between deductor and deductee. It is mandatory for employers to issue these certificates to taxpayers.
• 2025-05-15

Learn More

• By With ITR forms for FY 2024-25 already available, now is the ideal time to prepare and avoid last-minute mistakes.
• 2025-05-10

Learn More

• By Different tax returns are prescribed for filing by individual taxpayers depending on their income and its source as well as factors such as residential status.
• 2025-05-07

Learn More

• By Typically, the ITR filing process begins on April 1 of the assessment year. Accordingly, for FY 2024–25, filing should have opened on April 1, 2025. However, this year, there has been a delay, and the process is now expected to begin in June 2025.
• 2025-05-06

Learn More

• By As taxpayers get ready to file their returns, it is crucial to understand the key sections of the Income Tax Act, 1961, that can help in accurate tax calculation, availing deductions, and choosing the appropriate tax regime.
• 2025-05-03

Learn More

• By The simplified form is designed for individuals and entities who earned up to Rs 50 lakh during the recently concluded financial year.
• 2025-05-02

Learn More

• By The Income Tax Department is expected to notify the filing forms for the financial year 2024-25, or Assessment Year 2025-26, soon.
• 2025-04-27

Learn More

• By It is mandatory to choose between the old and new tax regime while filing the online form --- with specific exemptions and deductions available for individuals.
• 2025-04-24

Learn More

• By Old tax regime, however, still offers taxpayers a range of options to save taxes through various eligible deductions and exemptions post 2025 Union Budget. On the other hand, the new tax regime has a fewer deductions available for taxpayers compared to the old regime. In this write-up, we will discuss various deductions available under the new tax regime for the purpose of tax saving.
• 2025-04-22

Learn More

• By Taxpayers will soon be able to file their returns for FY25 via the official Income Tax Department website.
• 2025-04-22

Learn More

• By An individual resident who is 60 years or above in age but less than 80 years at any time during the previous year is considered a senior citizen for income tax purposes. The Income Tax department also defines people above the age of 80 as 'super senior citizens'.
• 2025-04-21

Learn More

• By You don't need Rs 10 crore or Rs 50 crore for financial freedom — just calculate your expenses and aim for the right amount using the 4% rule.
• 2025-04-19

Learn More

• By Section 115BAC of the Income Tax Act lays down the tax slabs and rules applicable under the new tax regime.
• 2025-04-18

Learn More

• By It is not necessary to attach any documents while filing your returns. However the details given in various documents will have to be used while filling up the online form.
• 2025-04-17

Learn More

• By Under section 269ST of the Income Tax Act, receiving more than Rs 2 lakh in cash is prohibited, whether it is a single transaction or the sum of many transactions on the same occasion.
• 2025-04-16

Learn More

• By Those filing their returns for the first time must also choose between two tax regimes (with different deduction amounts) and link their PAN and Aadhaar cards in order to enable electronic verification.
• 2025-04-15

Learn More

• By The filing of income tax return (ITR) is compulsory for those individuals whose annual income is above the basic exemption limit. According to the Old Tax Regime, the basic exemption limit is still Rs 2.5 lakh for general taxpayers under 60 years of age.
• 2025-04-07

Learn More

• By The Income Tax Department has launched a new Excel-based utility version of ITR-2 to make filing easier. This form is designed for individuals and Hindu Undivided Families (HUFs) who do not have any business or professional income.
• 2025-04-03

Learn More

• By File your updated Income Tax Return (ITR-U) before March 31, 2025, to correct omissions or errors and avoid penalties. Learn more about filing, deadlines, and additional tax liabilities.
• 2025-03-29

Learn More

• By Term insurance plays the vital role of a safety net and ensures one's loved ones are protected in the absence of the primary bread earner.
• 2025-03-26

Learn More

• By While pre-existing medical conditions may lead to premium loading or coverage restrictions, being transparent about one’s medical history is essential to avoid claim denials later.
• 2025-03-25

Learn More

• By Understanding the pros and cons of each option ensures you make a strategic decision that aligns with your financial future.
• 2025-03-17

Learn More

• By Starting January 2025, lenders must update credit records every 15 days instead of once a month. As a result, financial activities will appear on your credit report sooner.
• 2025-03-03

Learn More

• By If you are availing exemptions or deductions under the old tax regime, the new tax regime may lead to a higher tax outgo.
• 2025-03-02

Learn More

• By We take a look at some common insurance mistakes which you must avoid to ensure your insurance truly safeguards your financial well-being.
• 2025-03-01

Learn More

• By The CBDT circular has been issued on 20 February 2025, and it will be applicable to the tax returns of the financial year 2024-25 (i.e. assessment year 2025-26).
• 2025-02-27

Learn More

• By The concept of Previous Year and Assessment Year, thus, were creating confusion in the minds of taxpayers as they represented two different years.
• 2025-02-18

Learn More

• By The essence of the Bill remains the same and the existing tax base, tax rates, computation mechanism etc. have been largely unchanged.
• 2025-02-14

Learn More

• By The Income Tax Bill 2025 has several aspects to be considered by the Non-Resident Indians as Clauses replace Sections.
• 2025-02-14

Learn More

• By The new income tax law will replace the existing Income Tax Act of 1961. The tax Bill is being brought to make the tax process simple and clear.
• 2025-02-06

Learn More

• By The revised tax structure also introduces a 25% tax slab for incomes between Rs 20 lakh and Rs 24 lakh.
• 2025-02-05

Learn More

• By Among the most significant announcements was the introduction of a New Income Tax Bill, set to be tabled this week
• 2025-02-05

Learn More

• By Old Vs New Tax Regime: For individuals earning Rs 15 lakh annually, opting for the old tax regime can result in tax savings of up to Rs 48,100, provided they maximize deductions like HRA, 80C, 80D, and home loan benefits.
• 2025-02-05

Learn More

• By The new structure will significantly enhance the accessibility of the middle class by leaving them with more disposable income.
• 2025-02-04

Learn More

• By New Tax Regime Slabs 2025 for Salaried Employees: As per the updated structure, individuals earning up to Rs 12 lakh per annum will not have to pay any income tax, offering a substantial benefit compared to previous years
• 2025-02-01

Learn More

• By The standard deduction on salary streamlines tax filing for salaried individuals by reducing taxable income by a set amount, minimizing the overall tax burden.
• 2025-02-01

Learn More

• By Initially, the Central Board of Direct Taxes (CBDT) set the original deadline for filing of belated or revised tax returns as December 31, 2024. Later, it extended this deadline to provide additional time for taxpayers.
• 2025-01-10

Learn More

• By This article explores how inflation erodes the value of Rs 1 crore over time, calculating its worth in 20, 30, and 50 years based on a 6% inflation rate.
• 2024-11-29

Learn More

• By Aadhaar card update: After extending the deadline multiple times in the past, the UIDAI has urged residents who got their Aadhaar issued 10 years back to get their documents updated by December 14, 2024.
• 2024-11-28

Learn More

• By As Budget 2025-26 approaches, senior citizens await potential tax relief. A query was recently raised in the Lok Sabha if the government plans to offer a tax rebate on incomes up to Rs 7.5 lakh and a 5% tax on Rs 7.5-10 lakh.
• 2024-11-28

Learn More

• By Term insurance is a straightforward life insurance policy that provides coverage for a specific period, or 'term'; if the insured person passes away during this period, the policy's beneficiaries receive a death benefit.
• 2024-10-23

Learn More

• By A common mistake is assuming that the value of retirement savings will remain constant over time. For example, a ₹5 crore corpus today will lose significant purchasing power over 25 or 30 years due to inflation.
• 2024-09-02

Learn More

• By The insurance plans were launched on Monday by LIC CEO and MD Siddhartha Mohanty and will be available both available offline and online.
• 2024-08-06

Learn More

• By Any individual may submit an updated return, with certain exceptions, irrespective of whether they have previously filed an original, late, or amended return for the applicable assessment year.
• 2024-07-29

Learn More

• By ITR Filing Date 2024 Live Updates: The income tax return deadline might be extended beyond July 31. Fresh updates from Income Tax Department on ITR deadline extension! What we know so far about the current status and when to expect refunds after e-verification and processing of income tax return.
• 2024-07-29

Learn More

• By Taxpayers eagerly await budget announcements that will increase their disposable income. Here are a few of the main anticipations that taxpayers have for Budget 2024.
• 2024-07-23

Learn More

• By ITR Filing 2024: Penalty amount for filing income tax return after due date will be imposed. Taxpayers need to be alert as the deadline to file ITR is approaching fast.
• 2024-07-18

Learn More

• By It is crucial to remember that your financial information holds significant value, encompassing all your investments and earnings for the year. Here are several important considerations to bear in mind before disclosing your ITR details.
• 2024-07-17

Learn More

• By The existing standard deduction of Rs 50,000 is considered inadequate to address the rising expenses linked to the increased cost of living and, therefore, it is imperative to raise the limit of this deduction.
• 2024-07-15

Learn More

• By The Income Tax Department has issued a strong advisory to taxpayers, advising them against submitting income tax returns with inaccurate claims for exemptions and deductions.
• 2024-07-06

Learn More

• By Regularly monitoring your financial records and staying alert for any suspicious activities is crucial for early fraud detection.
• 2024-07-04

Learn More

• By In order to file a tax return online, you can access the new income tax portal logging in with PAN-based credentials and following certain steps that simplify tax filing process.
• 2024-07-02

Learn More

• By There are 7 ITR forms the Income Tax Department has notified, and often, taxpayers get confused which ITR form is applicable to them.
• 2024-06-25

Learn More

• By Taxpayers required to file their income tax return should take into consideration the following.
• 2024-06-20

Learn More

• By Currently, the benefit of section 80C is not available under the default (new) tax regime and it would be expected that this benefit be extended to even the default tax regime.
• 2024-06-17

Learn More

• By After the new government formation, the focus is now shifted to the Union Budget 2024-25. Taxpayers are hopeful that the Modi government will give them a tax relief in the upcoming budget. Experts too are of the view that FM Sitharaman would at least make some revision in deduction limits under Section 80C and 80D.
• 2024-06-12

Learn More

• By Every taxpayer should make an effort to mitigate their tax liability by claiming all the available deductions and exemptions at the time of furnishing their tax returns. However, such deduction/ exemption amount should be correctly computed after considering the tax regime, residential status etc.
• 2024-06-05

Learn More

• By Under Section 30 of the Indian Succession Act, if someone dies intestate, the court may issue a notice to invite claims over the property left behind after the death certificate is issued.
• 2024-06-01

Learn More

• By With a comprehensive financial retirement plan, it is easy to tide over apprehensions of exhausting the corpus that may have been built during the work years.
• 2024-05-22

Learn More

• By By working together, insurers, regulators, and stakeholders can further create a more inclusive and equitable insurance ecosystem that empowers women to protect themselves and their families effectively.
• 2024-03-08

Learn More

• By Having insurance coverage is crucial for managing a health emergency, but it’s equally important to maintain financial stability when faced with a health crisis. Often there are many confusions and doubts when you purchase a term insurance plan, but these can be addressed if you carefully assess your requirements
• 2023-12-12

Learn More

• By To qualify for GST refunds on health insurance, the proposer must be a Non-Resident Indian.
• 2023-09-27

Learn More

• By Understanding the reimbursement process and adhering to the necessary steps and documentation requirements is essential for a smooth and successful reimbursement claim experience.
• 2023-09-20

Learn More

• By Check for exclusions, deductibles & limitations in the insurance policies
• 2023-08-11

Learn More

• By Buy these add-ons early in life to get higher and wider coverage
• 2023-08-02

Learn More

• By Upgrade your policies as you move from one life stage to another.
• 2023-07-28

Learn More

• By LIC Jeevan Kiran (Plan 870): The Life Insurance Corporation of India (LIC) has launched a new plan named Jeevan Kiran.
• 2023-07-27

Learn More

• By Let’s understand differences between Term Insurance and Life Insurance, enabling you to make the right decision when choosing the coverage for your specific needs.
• 2023-07-20

Learn More

• By Personal recommendation from friends and family or a known agent is the top trigger for insurance consideration for approx. 80% of the respondents.
• 2023-07-06

Learn More

• By Life insurance helps to safeguard individuals and their family against financial risks because of untimely death. Life insurance policies can also be pledged to avail loans during any financial emergency.
• 2023-06-26

Learn More

• By LIC Dhan Vridhhi (Plan 869): The Life Insurance Corporation (LIC) of India has launched a new close-ended plan – LIC’s Dhan Vridhhi plan. Check key details
• 2023-06-24

Learn More

• By Individuals with a family history of diseases such as cancer or coronary artery bypass should opt for adequate critical illness cover. While a comprehensive health insurance policy provides coverage for expenses like hospitalisation, a critical illness policy will provide a lump sum benefit upon diagnosis of a covered critical illness, regardless of medical expenses.
• 2023-06-16

Learn More

• By If policyholders have higher income and can afford higher medical expenses, they can go for a higher deductible amount to lower the total premium payout.
• 2023-05-12

Learn More

• By Don’t just go for the policy with the lowest premium. Conditions could apply, and you could end up spending a lot more than you saved on the premium.
• 2023-03-27

Learn More

• By Most individuals are cognizant of the need to factor in inflation and rising medical expenses while planning for their life’s new chapter.
• 2023-03-10

Learn More

• By The policyholder can claim tax benefit of up to `25,000 under Section 80D for self, spouse and children year on year for the entire tenure of the policy.
• 2023-02-20

Learn More

• By Life insurance helps safeguard one’s family and oneself against two types of financial risks – untimely death and old age.
• 2023-02-17

Learn More

• By Acquaintances often request me to suggest life insurance products that can fetch high returns. Occasionally, they are subjected to product presentations by insurance advisors, showing returns that make them thrilled but also make them circumspect on whether the insurance products can really earn such high returns.
• 2023-01-20

Learn More

• By The Life Insurance Corporation (LIC) of India has launched Jeevan Azad (Plan No. 868), which is a new plan aimed at individual savings and life insurance. As per LIC, the plan offers an attractive combination of protection and savings.
• 2023-01-20

Learn More

• By Group medical cover (GMC) covers the employee and their dependents such as the spouse and children and in certain cases, parents are also covered.
• 2022-12-26

Learn More

• By As young people are more healthy compared to the older people and have lower risks of getting ill, their participation helps in reducing the health insurance premium and make it more affordable for everyone.
• 2022-12-19

Learn More

• By There are two primary kinds of No-Claim Bonuses that you can take advantage of in a health insurance policy.
• 2022-12-04

Learn More

• By Life insurance is the fastest and easiest way to ensure that your family remains financially protected. It can clear debts, pay for a child’s education, bear medical expenses, and secure the business and assets of a family.
• 2022-12-03

Learn More

• By Your health insurance premium increases, especially if the sum covered is large and you have certain medical conditions.
• 2022-12-01

Learn More

• By It is better to revive a lapsed policy rather than buying a new one
• 2022-11-30

Learn More

• By Optimise your policy with cashless OPD & restoration benefits.
• 2022-11-16

Learn More

• By The Income Tax rules have several provisions through which employees can reduce their overall tax outgo.
• 2022-11-14

Learn More

• By Having a comprehensive health insurance becomes absolutely necessary in old age to cover the increase in expenditure on medical treatment and to cope with the high rate of inflation in the healthcare sector.
• 2022-11-08

Learn More

• By Physical illnesses may have tangible and evident symptoms, but most mental concerns go unnoticed or ignored.
• 2022-10-29

Learn More

• By This Diwali, rather than getting into a spendthrift mode, invest in your future and make a long lasting choice of being invested in a Guaranteed Life Insurance Plan.
• 2022-10-23

Learn More

• By LIC Dhan Varsha (Plan No. 866) Scheme Details – Features, Benefits, Maturity, Minimum and Maximum Premium – Life Insurance Corporation recently launched the Dhan Varsha scheme.
• 2022-10-19

Learn More

• By A Complete Health Insurance Portfolio Review is the need of the hour amidst the uncertainties we continuously experience.
• 2022-10-11

Learn More

• By While there is a relatively better understanding now regarding term insurance policies, the wealth accumulation products can be a bit confusing for the new customers.
• 2022-10-10

Learn More

• By While the policyholder completes his part of the commitment by paying due premiums; fulfilment of the promise from the insurer’s side is completed by payment of the rightful claims.
• 2022-06-14

Learn More

• By Life Insurance Underwriting is the process by which life insurance companies determine a customer’s eligibility for a particular policy.
• 2022-06-04

Learn More

• By The MWP Act is a provision that protects the insurance money from creditors, banks and government agencies.
• 2022-06-01

Learn More

• By There are several grounds on the basis of which your health insurance claim can lead you straight to rejection or partial settlement.
• 2022-05-30

Learn More

• By If you hold a car cover with Zero-Dep benefit, then at the time of a claim, the full IDV can be claimed without deduction for depreciation and damaged parts.
• 2022-05-24

Learn More

• By Taking an adequate insurance cover before you start your investment journey is like laying a proper foundation before constructing a building.
• 2022-05-24

Learn More

• By Factors like age, financial assets, liabilities, annual income, lifestyle and expenses of the dependents are some of the factors which make one decide the required life cover.
• 2022-05-21

Learn More

• By Using wrong fuel in a vehicle can cause some serious damage to its engine. However, motor insurance policies do not provide any protection against such act of negligence. 
• 2022-05-12

Learn More

• By Review your home insurance requirement every year so that your home does not remain underinsured following an enhancement in the value of your home
• 2022-05-11

Learn More

• By A sound financial plan for mothers has to take cognizance of their evolving needs as they go through different stages of motherhood, right from pregnancy to their old age.
• 2022-05-08

Learn More

• By While it’s great to have corporate insurance as an additional layer of protection, the key ingredient to shield you from rising medical inflation is, in fact, an individual health policy.
• 2022-04-30

Learn More

• By As healthcare continues to become expensive, it has become important for everyone to get adequately covered through health insurance. Experts suggest that one should be careful while selecting the right amount of health cover. 
• 2022-04-30

Learn More

• By This unique safety is also needed by the people who want to save with high guarantee of reasonable returns on the amount saved every year.
• 2022-04-27

Learn More

• By It is advisable to purchase a good health insurance policy at the right time to protect ourselves from getting into financial difficulties because of health emergencies.
• 2022-04-25

Learn More

• By According to some surveys, the awareness about the necessity of having insurance cover has been increased only after the damages done by the COVID-19 pandemic.
• 2022-04-20

Learn More

• By Health insurers also offer top-up policies to meet the actual expenses over and above the limit available in the basic health policy.
• 2022-04-11

Learn More

• By These policies were introduced by Insurance Regulatory and Development Authority of India (Irdai) in June 2020 in the midst of the Covid-19 pandemic for financial protection in case of a medical emergency due to Covid.
• 2022-04-04

Learn More

• By Under monthly mode of payment the insurers offer a grace period of 15 days from the due date within which the premium installment must be paid.
• 2022-03-30

Learn More

• By General insurers already seeing surge in travel insurance demands, expect ‘significant increase’ in insurance cover demands in next couple of months
• 2022-03-26

Learn More

• By Given the nature of term insurance, you will be out of the picture at the time of claim settlement. So make it hassle-free for your nominee If your policy had lapsed earlier,
• 2022-03-25

Learn More

• By Opting for international travel insurance can help travelers enjoy their trips without any hassles or interruptions.
• 2022-03-21

Learn More

• By Section 80D allows taxpayers to avail tax deductions on the premiums paid towards health and medical insurance in a financial year
• 2022-03-14

Learn More

• By It’s time to give the due recognition to the women in your family during this Women’s Day for the responsibilities that they share with their male counterparts.
• 2022-03-08

Learn More

• By While India’s Life Insurance penetration is comparable to Asian peers at 2.8 per cent of GDP, the protection gap is alarmingly high especially among women.
• 2022-03-05

Learn More

• By Health insurance is one of the most important tools to help us pay hefty hospital bills and avoid a financial crisis.
• 2022-03-04

Learn More

• By Most of us do not read the offer documents of a health insurance policy and later blame the company for rejection/deduction of insurance claims. Most insurers apply sub-limits to the claim amount of health insurance policy to limit their liability under certain covers. It is important to note that being a part of original policy coverage limit, these claims are inclusive of sum assured.
• 2022-03-02

Learn More

• By To avoid crowding at the limited numbers of government-run hospitals and to get quick medical attention, many people have no option but to visit private hospitals. However, treatments in private hospitals are generally very costly and the rate of inflation in treatment costs are also very high.
• 2022-02-23

Learn More

• By Insurers have to specifically give reasons for any claim denial and refer to the corresponding policy condition
• 2022-02-18

Learn More

• By If you have resolved to buy a life insurance policy this year, here are some guiding points that can help you get started on your protection journey
• 2022-02-08

Learn More

• By LIC of India has revised the annuity rates of two annuity plans recently.
• 2022-02-04

Learn More

• By Here are some important tips senior citizens should not forget before buying a health insurance policy.
• 2022-02-04

Learn More

• By Cancer is dreaded across the globe and accounts for more than 10 million deaths worldwide every year.
• 2022-02-04

Learn More

• By Some minor changes under the income tax laws which affect individual tax payers have been proposed in the Budget 2022 by the finance minister.
• 2022-02-01

Learn More

• By Inadequate savings: When it comes to saving money, we as a nation are quite good at it, no? But do we save enough to encounter medical emergencies? The savings are inclined more towards being invested for better returns in the future.
• 2022-01-28

Learn More

• By Tax exemption on maturity proceeds of Ulips with an annual aggregate premium of over Rs 2.5 lakh has been removed. However, there will be no tax on proceeds in case of death of the policyholder
• 2022-01-14

Learn More

• By In an endowment plan, the sum assured along with bonus is paid on maturity while in the money-back plan, a portion of the sum assured is paid to policyholder at regular intervals.
• 2021-12-31

Learn More

• By How much will be enough? That’s the question everyone stops at. There is no one answer. It depends on your current income, your lifestyle, your dependencies, etc. And how much ever you need, you can’t save it all. You will have to let your money grow to that.
• 2021-12-29

Learn More

• By The CBDT has rolled out the new Annual Information Statement on the Compliance Portal which provides a comprehensive view of information to a taxpayer with a facility to capture online feedback.
• 2021-12-29

Learn More

• By As per the RBI rules, all Credit bureaus are mandated to issue one free full credit report, including credit score, to anyone who asks for such a report.
• 2021-12-25

Learn More

• By Insurers to increasingly focus on bundled offerings with hybrid features, innovative bite-sized or context-based solutions
• 2021-12-22

Learn More

• By Very soon we will be entering the last quarter of the financial year 2021-22, hence this is the time to do the necessary computation and transactions.
• 2021-12-21

Learn More

• By Not renewing an insurance policy even during the grace period defeats the purpose of buying a cover and your financial protection is at risk
• 2021-12-06

Learn More

• By Always remember to read your policy document and the terms and conditions of the policy to know what is included and what is not.
• 2021-12-04

Learn More

• By A normal health plan is a must for covering most of your medical treatment costs while the critical illness plan will come handy in case of critical illness, where the treatment costs are much higher.
• 2021-12-02

Learn More

• By Such policies provide the child enough funds to continue education even if he loses his parents.
• 2021-11-30

Learn More

• By The most important reason for planning exclusively for retirement is the change in the fabric of the family structure.
• 2021-11-27

Learn More

• By With COVID-19 restrictions easing out, vehicles are once again back on roads as usual. This might be the best time for you to re-evaluate your vehicle insurance needs.
• 2021-11-20

Learn More

• By Your health or life insurance document enumerates the terms and conditions of the policy contract. Strictly adhere to these to avoid any claim rejection
• 2021-11-19

Learn More

• By An annuity plan, designed to secure a guaranteed stream or source of income post-retirement, can help your parents with a financial cushion after they’ve retired.
• 2021-11-16

Learn More

• By Before one chooses the best insurance plan, it is important to understand the life insurance definition so that the best insurance can be chosen.
• 2021-11-10

Learn More

• By The recent pandemic brought home the acute need for proper financial planning. This festive season is a good time as any to gift your loved one’s life-long security by gifting them an insurance plan.
• 2021-11-01

Learn More

• By Look for medical insurance with the shortest waiting period and minimum number of diseases under this period
• 2021-10-29

Learn More

• By If you are planning to take a home loan, this is a favourable time to take the plunge. But do remember to have a repayment plan in place to avoid any financial stress later.
• 2021-10-27

Learn More

• By Buying a thing on debt or on equated monthly installment (EMI) may appear affordable, but making a habit of doing so may create tremendous financial stress on you in future.
• 2021-10-26

Learn More

• By The capital gains tax provisions for NRIs are similar to those for the resident individuals except for the applicability of TDS provisions. Like resident investors, the taxability of capital gains also depends on the holding period and the type of investments sold.
• 2021-10-20

Learn More

• By The only con of guaranteed income plans is the overall return of the product is usually lower than its counterparts but that is mainly because of the insurance portion in-built into the plan
• 2021-10-16

Learn More

• By Happy Dussehra 2021: An advice to remember especially when someone has just started out! Following a trusted expert or paying heed to market cues on future swings from a market leader, can help an investor to be watchful.
• 2021-10-14

Learn More

• By As one’s parents age, the hospital visits and ailments increase. In the backdrop of such a landscape, the best decision one can make for one's elderly parents and grandparents is to purchase a health insurance policy for them.
• 2021-10-01

Learn More

• By ITR Filing Tips for FY 2020-21 (AY 2021-2022): The deadline to file the income tax return for salaried or small business individuals has been further extended to 31st December 2021.
• 2021-09-30

Learn More

• By Not everyone has the time and skills to manage their financial portfolio optimally. For such customers, ULIP provides an effective way to participate in the market as well as an insurance cover to deal with uncertainties of life.
• 2021-09-29

Learn More

• By If an individual’s CIBIL score has been falling, they might have taken financial decisions that have dented their score. To fix that, he/she first needs to understand what has affected the score.
• 2021-09-14

Learn More

• By Section 80C includes an exhaustive list of investments on which you can claim tax deduction while filing for your taxes. Some of these are Employee Provident Fund, Public Provident Fund, life insurance and so on.
• 2021-09-14

Learn More

• By The Reserve Bank of India (RBI) today cautioned people against frauds being conducted in the name of KYC updation. In a statement, the RBI said it has been receiving complaints/reports about customers falling prey to frauds being perpetrated in the name of KYC updation.
• 2021-09-14

Learn More

• By As equity shares of a company are considered as capital assets, selling such shares would either result in a capital gain or capital loss.
• 2021-09-04

Learn More

• By If handled carelessly, credit cards can adversely impact your financial health for a long time to time. These five common signs indicate you are using your credit card the wrong way.
• 2021-09-04

Learn More

• By Having a good credit score goes a long way. Experts say a good credit score is a gateway to a smooth financial life. That is the reason many individuals actively seek information to manage their creditworthiness.
• 2021-08-15

Learn More

• By This Independence Day, be well informed and choose to be free of financial worries by covering your risks with insurance.
• 2021-08-13

Learn More

• By Here's a five-point checklist to help you set your future goals and build a unique plan for your financial freedom and security.
• 2021-08-05

Learn More

• By Let's see 7 different types of health insurance plans and what they have to offer.
• 2021-08-04

Learn More

• By Try to improve your credit score even if you get a loan with a higher rate at the beginning so that the risk premium gradually gets lowered during the course of the loan
• 2021-08-04

Learn More

• By Pension plans are a combination of Insurance Plans with Annuity. Experts say the ideal way of investing in it is to start investing in the late 20s wherein the premium is relatively low comparing it with later years of age.
• 2021-08-02

Learn More

• By From budgeting missteps and impulse purchases to inadequate contingency planning and much more, nobody is immune to financial faux pas.
• 2021-07-29

Learn More

• By It is important to understand whether one should apply for a home loan with a co-applicant or as the sole applicant.
• 2021-07-26

Learn More

• By In view of the exorbitant hospital and medical bills that are being accrued be it due to COVID treatment or any other medical reason, people have started not only opting for health insurance but also choosing the best health protection available.
• 2021-07-24

Learn More

• By Even though an emergency fund of at least 3 months' expenses is a must to deal with a crisis, it might not be possible for everyone to hold up such savings. Under such circumstances, a quick loan comes out to be the only option.
• 2021-07-21

Learn More

• By Try to make as much part-prepayments as possible when the applicable home loan interest rates are low and your credit score is high
• 2021-07-16

Learn More

• By Even in a low interest rate scenario, life insurance products offer benefits that no other financial product does including life cover, additional riders, guaranteed returns, safety net, and tax benefits.
• 2021-07-15

Learn More

• By The procedures that require medical care and are completed within 24 hours are called daycare procedures.
• 2021-07-08

Learn More

• By The pandemic may have brought drastic changes to our daily lifestyle, however real estate investments are here to stay and will grow in popularity.
• 2021-07-07

Learn More

• By The government is likely to reduce the interest rates on small savings schemes from July 1 to keep in line with falling interest rates in the market
• 2021-06-28

Learn More

• By Many investment options are readily available in the financial market, but life insurance is the one if opted for at an early age, provides multiple benefits ranging from, providing protection to your family in your absence, planning your retirement, adds financial security, helps in saving tax.
• 2021-06-28

Learn More

• By Do you have enough savings to live a comfortable retired life? Can you afford a sabbatical in your professional life and pursue your passion? Can you afford to send your kids abroad for education? If you are afraid to answer these questions, it is time you re-evaluate your financial choices and think about building wealth.
• 2021-06-28

Learn More

• By Life insurance policies of the pure protection variety, known as term Insurance, are basic and most necessary form of life insurance cover.
• 2021-06-28

Learn More

• By Income Tax relief has also been provided on any amount received by an employee from the employer or any well-wisher for treatment of Covid-19.
• 2021-06-26

Learn More

• By Last Date to Link PAN Card with Aadhaar Card: Your PAN Aadhaar linking needs to be completed within the due date else the PAN will become ‘inoperative’.
• 2021-06-25

Learn More

• By You can claim tax deductions against education loans under Section 80E of the Income Tax Act. However, there are a few things to keep in mind.
• 2021-06-16

Learn More

• By In terms of tenure, while many lenders offer long loan tenures of up to 30 years for repayment, try to choose a tenure not longer than 20 years.
• 2021-05-29

Learn More

• By With many policyholders are among Covid-19 casualties, it's important to know the effect of death of an insured person on an active health insurance policy.
• 2021-05-28

Learn More

• By Unexpected Covid-19 deaths have devastated families across the country. Not just emotionally, Covid has destroyed families financially as well.
• 2021-05-27

Learn More

• By These insurance policies have another essential element of coverage that immunes a vehicle from theft. Vehicle theft is one of the most common crimes, especially in major cities; hence, it is all the more essential to have a vehicle insured.
• 2021-05-24

Learn More

• By Prices of popular cryptocurrencies like Bitcoin, Etherium and DogeCoin have dropped massively in the last 24 hours.
• 2021-05-19

Learn More

• By Nurses Day 2021: Right from Florence Nightingale in the Crimean War to Fatu Kekula who help to treat Ebola patients in Liberia, nurses have been at the forefront of any healthcare crisis.
• 2021-05-12

Learn More

• By The most common ground for rejection is incorrect or false information in the application/claim form
• 2021-05-12

Learn More

• By Unlike the Baby Boomers and Gen X, millennial parents and especially millennial mothers will have to make smarter financial decisions to secure a future for themselves as well as their children.
• 2021-05-09

Learn More

• By If your policy covers maternity benefits, costs incurred during hospitalisation as a result of maternity will be covered up to the sum insured limit. In some instances, the cover is also available for any medical complications of the newborn child.
• 2021-05-07

Learn More

• By Before you start repaying loans, make sure you have an adequate investible surplus for meeting your long-term goals.
• 2021-05-07

Learn More

• By The reforms in the second wave are expected to increase not only the country's insurance penetration rate but also lead to a conscious shift in the insurance product mix.
• 2021-05-05

Learn More

• By A structured retirement planning starting at an early age will help unleash the power of compounding for a longer period of time, thus helping accumulate a bigger corpus.
• 2021-05-04

Learn More

• By It is important for women to focus on planning their finances for meeting their long-term goals and aspirations.
• 2021-04-23

Learn More

• By With this, not only will you be able to get the best interest rate but can also keep the overall interest cost low till the end of the home loan tenure.
• 2021-04-22

Learn More

• By In 2020-21, LIC has achieved its highest-ever first year premium income of Rs 56,406 crore under individual assurance business with a 10.11% growth over last year.
• 2021-04-22

Learn More

• By A comprehensive car insurance plan not only covers the mandatory third-party insurance for your vehicle but also provides coverage for any damages to your own vehicle as well!
• 2021-04-22

Learn More

• By This financial burden can be supported by a special financial protection plan called ‘Critical Illness Plan’. You should purchase a critical illness plan along with a health insurance plan.
• 2021-04-20

Learn More

• By Here is a list of some important questions to help you avoid making a mistake while you plan to take a home loan.
• 2021-04-14

Learn More

• By Like all other festivals these nine incarnations also teach us many life lessons to deal with different facets of life including investments.Chaitra Navratri or Vasanta Navratri marks the beginning of the new year of Vikram Samvat of Hindu calendar. Navratri is celebrated to worship nine manifestations of Goddess Durga that represent different characteristics of the Adi Shakti.
• 2021-04-13

Learn More

• By Planning for your child’s future is no longer a decision you can procrastinate. It needs your urgent attention, especially if you are a new couple or new parents.
• 2021-04-11

Learn More

• By A term insurance cover should be in place at least till retirement, or till the time one has dependents or liabilities like loans
• 2021-04-02

Learn More

• By Both annuity plans and term insurance plans can help you to plan your retirement as there are different variants available in the market
• 2021-04-01

Learn More

• By Finance Minister Nirmala Sitharaman on Thursday said salary income earned by non-resident Indians in Gulf countries would continue to be exempt from tax in India.
• 2021-04-01

Learn More

• By Countless people are confronting new financial realities a year after the first of the Covid-19 lockdown announcements. The past year may not have been equally difficult for all of us, but it has surely forced each one of us to rethink our financial priorities. With a resurgence of cases in many regions and vaccinations still in the early phases, the Covid-19 pandemic is far from over.
• 2021-03-30

Learn More

• By Income Tax Changes: March 31 is an important date for income taxpayers in India as a number of changes are going to kick in from April 1.
• 2021-03-28

Learn More

• By Accordingly, LIC said its 113 divisional offices, 2,048 branches, 1,526 satellite offices and 74 customer zones will receive maturity claims from policyholders irrespective of the servicing branch of the policy.
• 2021-03-18

Learn More

• By The Life Insurance Corporation (LIC) of India has launched Bachat Plus, a non-linked, participating, individual life assurance savings plan.
• 2021-03-15

Learn More

• By Due to the declaration of the lockdown and suspension of international flights owing to the outbreak of COVID-19, many NRIs had to prolong their stay in India.
• 2021-03-06

Learn More

• By Reduction in the recent home loan interest rates will benefit new borrowers as the rate cuts will only be applicable for them and not to the existing borrowers.
• 2021-03-05

Learn More

• By Several banks offer women savings accounts and credit cards tailored to their needs besides better terms on loans
• 2021-03-05

Learn More

• By Revisit your financial plan at intervals and make necessary adjustments. This will ensure you are not financially stressed but at the same time able to achieve your life goal
• 2021-03-05

Learn More

• By It is important to choose one’s health cover wisely, else it can drain one's money without providing any adequate protection.
• 2021-03-04

Learn More

• By The need to buy health insurance coverage for self and family is to avoid dipping into one's savings to meet the cost of hospitalization.
• 2021-03-02

Learn More

• By After a motor insurance policy expires, the first and foremost thing the policyholder should do is to inform the insurance company. Experts say informing the insurer should be done on a priority basis, as soon as the policyholder gets an update about the motor insurance policy's expiry.
• 2021-02-23

Learn More

• By A comprehensive motor insurance policy covers you for both third-party damages and own damages
• 2021-02-22

Learn More

• By Union Budget 2021-22: The Finance Minister presented the first paperless Union Budget 2021-22 in the Parliament yesterday. While no structural changes have been proposed to the personal tax rates, it introduced some relief measures and proposals to facilitate ease of compliance for the taxpayers explained hereunder:
• 2021-02-02

Learn More

• By Finance Minister Nirmala Sitharaman, while presenting the Budget 2021, has proposed taxability of interest on various provident funds where income is exempt.
• 2021-02-01

Learn More

• By Having a good credit score goes a long way. According to experts, almost 6 out of 10 millennials are rejected due to low credit score when applying for credit cards, mortgages, car loans, and other financial products.
• 2021-01-27

Learn More

• By Generally salaried individuals need to submit their investment proof by December end, so that tax deducted at source (TDS) may be adjusted – in case there are differences in proposed investments and actual investments – against the salaries of January, February and March.
• 2021-01-27

Learn More

• By The ongoing COVID-19 pandemic has impacted almost every financial instrument in a significant manner, especially those soon approaching retirement as they are not able to take a cautious call on where to keep the accumulated corpus invested.
• 2021-01-20

Learn More

• By Once you have identified investment instruments based on your income, age, risk-taking abilities, and time in hand, you should consider the following factors before you actually invest in the preferred options.
• 2021-01-19

Learn More

• By The beginning of 2021 is also the time when you should plan to overcome any financial setbacks that were brought about by the Covid-19 pandemic in 2020.
• 2021-01-18

Learn More

• By Emergency loans are the next safest bet after friends and families when you are in dire need of cash. They are better than payday loans and title loans as they are more economical and easier to pay off.
• 2021-01-13

Learn More

• By The tax department in a tweet said 5.95 crore ITRs for Assessment Year 2020-21 were filed till January 10, 2021, as compared to 5.67 crore ITRs filed for the previous Assessment Year by September 10, 2019.
• 2021-01-12

Learn More

• By Everyone has limited resources to spend, and to reorient oneself, there is a need to change certain consumption habits. So curtail unnecessary expenses, invest in your health and save money for the essentials
• 2021-01-12

Learn More

• By To ensure that assesses file their income tax return (ITR) on time, the provision of late fee up to Rs 10,000 was introduced in the Union Budget 2017.
• 2021-01-04

Learn More

• By If you can prove that your income can support EMI payments through an increase in the salary or through additional sources of remuneration, a lender can entertain your loan requests even if you depict a low credit score.
• 2021-01-04

Learn More

• By This is the time of the year when a majority of us make some resolutions as regards our physical fitness but only a few make resolutions for remaining financially fit.
• 2021-01-02

Learn More

• By Taking care of one's finances and creating a solid financial plan have become more important now, particularly in view of the Covid-19 like situations, which can turn our lives topsy-turvy.
• 2021-01-01

Learn More

• By Taxation rules for debt and equity investments are different. So look at the tax implications on each instrument before investing
• 2020-12-21

Learn More

• By Investing in long-term instruments during your earning years helps you save more and get the benefit of compounding
• 2020-12-21

Learn More

• By Starting with term plans at a young age to pension plan on retirement and a variety of health covers all through life, there are insurance plans made for every life situation
• 2020-12-18

Learn More

• By Tax saving is crucial, and it is an important parameter, but it is not the only parameter for considering any investment avenue or product. Investment gives financial freedom.
• 2020-12-15

Learn More

• By Filing your income tax return for FY 2019-20? To make the return filing process simpler, here are a few things to keep in mind.
• 2020-12-15

Learn More

• By While it is imperative to check what all events are covered under the policy, choosing the right sum insurance is equally important.
• 2020-12-15

Learn More

• By Laden with high levels of non-performing assets (NPAs) or bad loans in their books, most banks have made the Indian banking sector a notoriously dangerous one.
• 2020-12-10

Learn More

• By Evaluate your earnings and compare it with your expenses. Curtail the unnecessary spending and save the money to celebrate bigger and more important milestones.
• 2020-12-04

Learn More

• By The MPC’s decision to continue with the accommodative stance, despite the current inflationary pressures, clearly demonstrates the RBI’s prioritisation of economic growth over inflation.
• 2020-12-04

Learn More

• By The structure protection plan covers the structure of your house from any kinds of dangers and risks. In addition to this, the policy also protects any permanent fixtures within the house.
• 2020-11-30

Learn More

• By Filing of ITR is necessary for carrying forward any losses sustained during the year for set-off in subsequent years
• 2020-11-30

Learn More

• By Annuity products from life insurers cover an individual for life, remove reinvestment risks and are not vulnerable to market volatility
• 2020-11-30

Learn More

• By The ITR forms notified carry some significant changes. Taxpayers should bear in mind these changes while filing their ITR for AY 2020-21.
• 2020-11-21

Learn More

• By If you get your parents enrolled under an individual health cover before they turn 60, there will be no burden of co-payment for a lifetime
• 2020-11-20

Learn More

• By Being wise with money shouldn’t be seen as a punishment but rather as a guilt-free way to make the most of your hard-earned money.
• 2020-11-19

Learn More

• By Critical illness insurance policies provide financial support to the insured if they are diagnosed with cancer.
• 2020-11-07

Learn More

• By An emergency corpus can be built over a period of time, allocating a portion of the income in a disciplined manner. In case you use up a part of the corpus for any sudden requirement, you need to replenish the same as quickly as possible for future use.
• 2020-11-06

Learn More

• By For professionals and others, who don't get regular salary, Income Tax Returns (ITRs) are used as income proof for various purposes.
• 2020-10-31

Learn More

• By The deadline for filing returns by individual taxpayers for FY 2019-20 has been extended by a month till December 31, the finance ministry said on Saturday.
• 2020-10-24

Learn More

• By Given the correlation between wealth and well-being, nearly 50 per cent of respondents would like to advise their younger selves to start investing as early as possible in life.
• 2020-10-22

Learn More

• By Those who haven’t already planned for retirement, say that they expect to start planning for it by the age of 51, reveals a survey by PGIM India Mutual Fund.
• 2020-10-21

Learn More

• By Employers have ensured to extend help to employees to make the work environment conducive – reimbursement of certain expenses, grant of additional allowances or benefits, extended medical coverages, etc.
• 2020-10-17

Learn More

• By There is a need for a disciplined approach to ensure that balance is created between monthly expenses and savings with the intention to meet long-term financial goals as well as creating emergency funds.
• 2020-10-09

Learn More

• By It has been clarified that a payment gateway would not be required to deduct TDS provided the e-commerce operator has already deducted the tax on the same transaction.
• 2020-10-08

Learn More

• By Even if a poor student wants to take assistance from his/her relative(s), the amount of tax will be added to the financial burden if the amount exceeds Rs 7 lakh.
• 2020-10-06

Learn More

• By Whether it is rent waivers or vacant property due to lockdown, the government needs to consider the tax impact on rental income
• 2020-10-05

Learn More

• By Every Central Government pensioner has to submit life certificate for further continuation of the pension amount.
• 2020-10-02

Learn More

• By A self-employed individual faces a plethora of more challenges than a salaried individual and this is why it is all the more important for a self-employed person to invest in term plan.
• 2020-10-01

Learn More

• By The CBDT has extended the last date for furnishing of belated and revised ITRs for Assessment Year 2019-20.
• 2020-09-30

Learn More

• By Should you really opt for the loan restructuring plan if you’re eligible for it and will it be useful to you? Find out.
• 2020-09-30

Learn More

• By According to the World Heart Federation, heart disease is known to be a silent killer which takes the lives of 17.5 million people each year accounting for 31% of global deaths.
• 2020-09-29

Learn More

• By In a rush to file their ITRs on time, many taxpayers make some ITR filing mistakes which sometimes cost them dearly. Here we take a look at some of them.
• 2020-09-29

Learn More

• By Catch up on missed payments as early as possible and make on-time payments to improve your credit score
• 2020-09-23

Learn More

• By These top-up and super top-up plans work as supplementary health plans, especially for policyholders that only hold an employer's health plan as well as for policyholders that have a low sum insured in their basic health plan.
• 2020-09-22

Learn More

• By The uncertainties of healthcare happenings emphasize why millennials need to secure their future and that of their families via term insurance plans.
• 2020-09-21

Learn More

• By Insurers offer traditional endowment products with a guaranteed return and these are better suited to those who look for a steady growth of their funds.
• 2020-09-09

Learn More

• By ITR-1 or Sahaj, which is the most simple form, is for resident individuals whose total annual income is less than Rs 50 lakh and have income from salaries, one house property, interest income and agricultural income up to Rs 5,000.
• 2020-09-09

Learn More

• By Depending on the pace of economic recovery, home loan interest rate bottoming out may take anywhere between several months to a few years. So when to switch to a fixed rate depends on this trend in interest rate movement and your own reading of the situation.
• 2020-09-08

Learn More

• By Most banks have now lowered their home loan interest rates compared to those of last year while some are offering rates under 7% per annum.
• 2020-09-04

Learn More

• By Maharashtra has the highest number of claims, followed by Tamil Nadu. So far, insurers have settled over 1.06 lakh claims amounting to more than Rs 1,000 crore.
• 2020-09-03

Learn More

• By Home finance companies are known for easier and hassle-free paperwork, providing higher loan-to-value to borrowers.
• 2020-08-27

Learn More

• By While some misconceptions restrict users from making the most of their credit cards, others may result in wrong usage. Let’s understand 5 widespread misconceptions about credit cards.
• 2020-08-27

Learn More

• By The trend shows that there is huge demand for short-term COVID-19-specific covers, especially among the first-time buyers of health insurance.
• 2020-08-25

Learn More

• By Health and life insurance is not just a matter of benefit but a necessity in these times of emergency. It is predicted that the majority of individuals will be inclined to get a risk cover.
• 2020-08-12

Learn More

• By Health insurance cover can be purchased not only for yourself but also your spouse, children and parents so that the whole family can enjoy the coverage.
• 2020-08-12

Learn More

• By LIC continues to be the dominant life insurer with a market share of 75.90 per cent in policies and 68.74 per cent in first-year premium, it said in a statement on Thursday.
• 2020-07-30

Learn More

• By While choosing an insurance policy, there are more things to look at instead of just the premium of the policy.
• 2020-07-27

Learn More

• By While in some cases all the house property may remain self-occupied, in others, the second house property may be given to someone on rent. Here's how you can claim tax benefits on second house.
• 2020-07-27

Learn More

• By The Finance Act 2020 has shifted back to the classical system of taxing dividend in the hands of shareholders/unit holders from 01 April 2020, and abolished dividend distribution tax (DDT), wherein the incidence was on the company.
• 2020-07-25

Learn More

• By If you have already availed the home loan, you can always go ahead and refinance your loan at a lower interest rate, from other banks or housing finance companies.
• 2020-07-23

Learn More

• By Only banks are mandated to offer loans based on an external benchmark rate (EBR) or loans linked to MCLR.
• 2020-07-23

Learn More

• By The New Form 26AS would help the honest taxpayers with updated financial transactions while filing their returns, whereas it will desist those taxpayers who inadvertently conceal financial transactions in their returns.
• 2020-07-23

Learn More

• By Everyone wants to become a crorepati and win lakhs and crores of prize money on TV game shows like KBC. However, have you ever wondered whether that prize money is tax-free or one has to pay some tax on that?
• 2020-07-23

Learn More

• By Normally, the due date for completion of filing Income Tax Return (ITR) is July 31 of the relevant Assessment Year (AY) for the assessees, whose income needn't be audited.
• 2020-07-22

Learn More

• By While filing ITR, there are some common mistakes that you must avoid at all costs. Here are some of the mistakes that can result in getting an income tax notice.
• 2020-07-22

Learn More

• By The situation is particularly alarming for senior citizens as their hard earned retirement corpus would be eaten up by high inflation and taxes.
• 2020-07-16

Learn More

• By While a loan applicant can do very little on the income, job and employer fronts, he can certainly take some steps on the credit score and EMI affordability fronts to improve his loan eligibility.
• 2020-07-13

Learn More

• By What if you are able to ride through the economic recession without making a reduction in your family’s standards of living, your children’s higher education or your life goals? All of this is actually possible with the power of Passive Income.
• 2020-07-13

Learn More

• By The Supreme Court and consumer courts have repeatedly ruled that homebuyers cannot wait indefinitely, but it has not been clarified when compensation can be claimed in the event of a delay.
• 2020-07-13

Learn More

• By The RLLR regime has ensured that the benefits of rate cuts are compulsorily passed on to the borrowers.
• 2020-07-11

Learn More

• By Senior Citizens between 60 and 80 years of age and Very Senior Citizens above the age of 80 years enjoy additional tax benefits compared to those available to individuals below the age of 60 years.
• 2020-07-10

Learn More

• By The mistakes in using credit cards can be costly and can even end up making you fall in a debt trap.
• 2020-07-05

Learn More

• By The choice between gold loan and personal loan will primarily depend on the borrower’s needs and profile.
• 2020-07-03

Learn More

• By The government had announced some relief measures in relation to payment of taxes during the lockdown period. One such relief is reducing the interest liability on tax payments falling due between March 20 and June 29, but paid by June 30, 2020.
• 2020-06-30

Learn More

• By In view of the lockdown and restrictions due to the COVID 19 pandemic, the Government of India has recently announced certain relaxations on the timelines relating to statutory compliance matters.
• 2020-06-30

Learn More

• By The Concessional Tax Rate regime permits the CBDT to notify the allowances which shall continue to be exempt in the hands of the salaried taxpayers opting for CTR.
• 2020-06-30

Learn More

• By Before you actually sit down to file your income tax return (ITR) for FY2019-20 or AY 2020-21, there are certain tasks which you need to complete beforehand.
• 2020-06-27

Learn More

• By National Insurance Awareness Day 2020: In the wake of COVID-19 outbreak, insurance has become one of the most important financial tools to have for the worst times
• 2020-06-27

Learn More

• By Universalising life insurance can help citizens in case of a financial crisis, whether at individual or national level, during their lifetime as well as after death
• 2020-06-26

Learn More

• By In a bid to mitigate the hardship of individual taxpayers and businesses in times of the Covid-19 pandemic, the government has made some changes in the income tax compliance requirements.
• 2020-06-25

Learn More

• By When filing Income Tax Return (for FY 2020-21), you have to calculate tax by adding up income from all sources and subtracting deductions under Section 80C/ 80D/ standard deduction, etc.
• 2020-06-23

Learn More

• By Financial loss is a real issue in situations like the COVID-19 pandemic when one doesn’t know treatment costs and whether the government will pay or not.
• 2020-06-22

Learn More

• By Floods during monsoon can damage assets such as homes, manufacturing establishments, factories, shops and offices. A comprehensive insurance cover can help in such a situation
• 2020-06-22

Learn More

• By Chapter VI A of Income Tax Act contains various sub-sections of section 80 that allows an assessee to claim deductions from the gross total income.
• 2020-06-19

Learn More

• By Reviewing your credit report not only helps keeping a check on your credit score, it would also give you sufficient time to take corrective measures and rectify errors, if required.
• 2020-06-15

Learn More

• By The notified income tax return forms enable taxpayers to claim tax deductions for tax-saving investments, payments, donations and investments for capital gains exemption, made during the extended period until 30 June 2020.
• 2020-06-11

Learn More

• By The CBDT circular provides relief to those stranded in India during FY 2019-20. CBDT has also tweeted that another circular for FY 2020-21 will be issued once the travel ban is lifted.
• 2020-06-11

Learn More

• By The transmission of low interest rates has been quicker in the case of Repo-Linked Lending Rates than Marginal Cost-of Lending Rate or a Base Lending Rate home loan.
• 2020-06-08

Learn More

• By Loans against insurance policies are generally offered against selected traditional or endowment life insurance policies that have a surrender value. Note that, there is a waiting period of 3 years for policies to be eligible for loans.
• 2020-06-08

Learn More

• By The taxpayers who owe no GST tax to the government till now had to log onto the GST tax portal and file their tax returns but now the same facility could be availed by sending a simple text message.
• 2020-06-08

Learn More

• By Commerce & Industry Minister Piyush Goyal has advised builders to sell projects at reduced prices to clear unsold inventory. However, is it possible for developers to do that?
• 2020-06-05

Learn More

• By In the absence of proof, it may not be possible to get moratorium for April 2020. However for availing the moratorium for May to August 2020, drop an email on hello@clix.capital.
• 2020-06-03

Learn More

• By While the ongoing lockdown is likely to impact your loan processing and disbursal due to limited staff and working hours, keeping in mind these five tips will certainly boost your loan approval chances.
• 2020-06-02

Learn More

• By Getting stuck in a credit card debt spiral not only ruins one's budget but also eats into all of their future income until it’s cleared. Hence, credit cardholders should understand that and avoid extensive use of their cards
• 2020-06-01

Learn More

• By As the Financial Year (FY) 2019-20 ended in the midst of the nationwide lockdown to contain the spread of COVID-19, many taxpayers faced hardship in making last minute tax-saving investments.
• 2020-06-01

Learn More

• By Other banks offer higher interest rates — HDFC Bank pays 5.6% and both ICICI Bank and Bank of Baroda pay 5.55% for the same product.
• 2020-05-28

Learn More

• By The revamped Form 26AS will now come into effect from June 1, the Central Board of Direct Taxes (CBDT) said.
• 2020-05-28

Learn More

• By SBI Latest FD Rates: The new rates of interest will apply to fresh deposits and renewals of maturing deposits.
• 2020-05-27

Learn More

• By People facing job loss or salary cuts may be in financial distress and need funds urgently to meet their day-to-day expenses.
• 2020-05-27

Learn More

• By Policyholders should take all possible steps to avert further damage. As insurance companies do not allow policyholders to make a profit out of a claim, therefore, any exaggeration of a claim will not be entertained.
• 2020-05-27

Learn More

• By In the Modified PMVVY, the interest rate will keep varying depending on the financial year in which the investment is made.
• 2020-05-27

Learn More

• By EPF calculation: In the CTC salary model, take-home pay goes up by 4% of wages before tax, but for others hike in take-home is at the cost of reduced total salary.
• 2020-05-25

Learn More

• By Home, Personal Loan EMI Moratorium: With the hardship continuing due to the ongoing lockdown, the RBI has extended the moratorium of term loans by a further three months till August 31, 2020.
• 2020-05-25

Learn More

• By Believe it or not but there are insurance policies which can help substitute your income in case of contingencies. Let’s understand the different types of insurance plans which help cover the loss of income in this pandemic
• 2020-05-24

Learn More

• By Before finalising your home-buying plans in the shadow of the Covid-19 crisis, you should take a moment to first understand how the pandemic is impacting the real estate sector.
• 2020-05-23

Learn More

• By Here is how the new RBI steps will impact the common man including borrowers, depositors and businessmen.
• 2020-05-22

Learn More

• By Initially an assured rate of return of 7.40 % per annum for the year 2020-21 per annum will be provided and thereafter to be reset every year.
• 2020-05-20

Learn More

• By Post-COVID-19, the environment could be different and as a young and salaried buyer, one needs to keep following them for the opportune time.
• 2020-05-18

Learn More

• By Senior citizens need to check the rules for waiting period for cover of existing diseases and co-payment charges when selecting a health insurance plan.
• 2020-05-18

Learn More

• By Long-term health insurance is undoubtedly the most economical and viable health and practical choice, given the increase in lifestyle diseases in current times.
• 2020-05-12

Learn More

• By As a salaried employee, go for non-refundable advance from EPF or take loan against your PPF account. You can also take a loan against your life insurance policy to tide over these difficult times
• 2020-05-11

Learn More

• By In times like the current one, when even getting out of one's home and meeting people are considered risky, there should be no excuse for not having adequate life and health cover if one can afford it.
• 2020-04-30

Learn More

• By At a time when the whole world is dealing with the COVID-19 crisis, fraudsters are coming up with new ways to steal money as well as data from users.
• 2020-04-30

Learn More

• By Out of box situations do demand out of Court settlement-mediation, conciliation and negotiation- as Courts have their own limitations, we must be conscious of.
• 2020-04-24

Learn More

• By The IRDAI states that the premium installment facility may be offered either as a permanent feature or may be offered as a temporary relief for a period of 12 months.
• 2020-04-22

Learn More

• By Insurance as a primary ingredient in a holistic and well-rounded financial portfolio is going to be the most immediate demand of a post-Covid developing world.
• 2020-04-22

Learn More

• By Adopting these 5 ways can help manage your credit card dues, without incurring hefty finance charges.
• 2020-04-14

Learn More

• By There has been an increase in the use of online tools and apps which brings with it a heightened risk of Cyber fraud.
• 2020-04-12

Learn More

• By As per the directions of IRDAI, insurers have even introduced Coronavirus-specific health insurance products that provide dedicated coverage against the deadly virus.
• 2020-04-12

Learn More

• By No decision has been made on when passenger train services will be resumed on the Indian Railways network.
• 2020-04-09

Learn More

• By From an individual tax perspective, most of the proposals of the Finance Bill, 2020 have been incorporated in the Act with /without modifications.
• 2020-04-09

Learn More

• By The government has decided to provide immediate tax relief to about 1 lakh businesses and 14 lakh taxpayers.
• 2020-04-08

Learn More

• By It is not necessary that everyone can avoid contracting this disease. This is where a health insurance policy can help you even in the current times.
• 2020-04-07

Learn More

• By The loan deferment is a welcome move for the borrowers who are facing any cash flow mismatch on account of the recent outbreak of Covid-19.
• 2020-04-02

Learn More

• By After today's rate cut, it remains to be seen how much impact with the recent rate cuts, it will have on the home loan and other borrowers.
• 2020-03-27

Learn More

• By The Finance Minister Nirmala Sitharaman in a press conference has announced that the last date for filing tax returns has been extended.
• 2020-03-24

Learn More

• By PAN-Aadhaar Link Deadline: The last date for PAN-Aadhaar linking has been extended
• 2020-03-24

Learn More

• By Following the day long 'Janta Curfew' on March 22 to ensure that people maintain social distancing, many states have announced lock down till March 31, 2020.
• 2020-03-23

Learn More

• By Treatment expenses can be reimbursed by insurer or customer can opt for cashless facility
• 2020-03-23

Learn More

• By The Indian Banks' Association (IBA) has announced that effective Monday banks will undertake only essential services like cash deposit and withdrawal, cheque clearances, remittances and government transactions.
• 2020-03-23

Learn More

• By The banks have started sending awareness messages to avoid visiting public places and the use of currency notes.
• 2020-03-23

Learn More

• By With the rising cases of coronavirus in the country, several banks have revised their banking times and have suspended non-essential services.
• 2020-03-23

Learn More

• By S&P BSE Sensex recorded its worst ever single day fall after closing down by 3,934 points or 13.15 per cent. Earlier on March 12, Sensex crashed 2,912 points to record its worst single-day fall.
• 2020-03-23

Learn More

• By Keeping large amount of cash at home is not only a security hazard, but the money locked in lockers also lose their purchasing power over time due to inflation.
• 2020-03-18

Learn More

• By A combination of provident fund, super-annuation schemes and NPS can offer limited pension only. Individual pension plans of life insurance companies can help fill up the gap
• 2020-03-13

Learn More

• By Here are a few steps that the urban woman should take to be in charge of her money and achieve financial independence.
• 2020-03-08

Learn More

• By On International Women's Day, if you or your friends are getting ready to start their family and have kids – there's a helping hand from health insurance policies in India.
• 2020-03-08

Learn More

• By Some insurance companies are also offering discounts based on the profession of the insured (viz: doctors, teachers, lawyers etc). But beware of car insurance firms who claim to offer 'free' insurance - this is usually free only for the first year and cannot be customized.
• 2020-03-06

Learn More

• By The costs of hospitalisation including the treatment during the quarantine period have to be settled by insurers as per the terms and conditions of the policy.
• 2020-03-05

Learn More

• By Contributions to retirement benefit schemes like EPF, Superannuation Fund, NPS etc not only help in building a retirement corpus, but also provide tax benefits.
• 2020-03-03

Learn More