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Benefits Of High Entry Age Limit For Health Insurance

There are two aspects that cause concern for individuals when it comes to health insurance. The first is the time period for which they will be covered and the other is the cost that they will pay for this coverage. Both are problem points for senior citizens as they often find themselves without a cover when they most need it.

Key Things To Check Before Buying Health Insurance For Senior Citizens

As the medical needs of senior citizens may differ from people of other age groups, it is crucial for them to check the coverage, what is covered and not covered, available optional features and add-ons,

Why Is Life Insurance Important For Long-Term Financial Planning?

Life is a long journey that includes a variety of financial goals and entails many unforeseen circumstances. You will always strive to ensure a brighter and safer future for your loved ones, and having a sound financial plan in place can go a long way towards making it a reality.

All You Need To Know LIC Jeevan Shanti Pension Plan

LIC's Jeevan Shanti plan can be purchased by paying a single premium of a minimum Rs 1.5 lakh. There is no upper limit for the premium.

LIC Jeevan Labh Policy: Eligibility, Premium And Other Details Here

LIC Jeevan Labh policy can be purchased any individual in the age group of 8-59 years if the policy term is for 16 years.

RBI Makes Loans Cheaper, Offers Big Relief On Interest Payments Too

RBI Governor Shaktikanta Das announced a cut in the repo rate by 40 basis points (bps) to 4 per cent,

LIC Valuation Yet To Be Decided, Will Speak To Staff On IPO: Chairman

All India LIC Employees Federation this week staged an hour-long walkout strike to protest against the move to sell its stake in the state-run insurer.

Looking To Be Financially Healthy? Key Things To Keep In Mind

Tips for financial health: Investment decisions and portfolio management is best left to seasoned professionals with proven money management skills.

All You Need To Know About LIC's New Money Back Plan 20 Years

LIC New Money Back Plan 20-Years can be purchased by any individual for minimum sum assured of Rs. 1 lakh and there is no upper limit for sum assured.

Not Paying Tax? Income Tax Department Will Call You Soon

However, tax authorities will ensure that no innocent is punished. "But citizens should not distort facts or fabricate false evidence," he said.

Missed Income Tax Return (ITR) Filing Deadline? Here Are Your Options

Individuals having an annual income of up to Rs2.5 lakh are not required to file income tax returns, according to Income Tax department.

Minimum Balance Rules Of SBI, HDFC Bank Explained Here

Banks also charge a penalty from customers who fail to maintain an average monthly balance in their savings account

LIC Money Back Plan-20 Years: Money Back, Sum Assured, Premium, Other Details Here

LIC Policy: The policy term for LIC Money Back Plan-20 Years is 20 years while the premium paying term is 15 years.

Budget 2019: How To Claim Rs. 3.5 Lakh Income Tax Deduction Against Home Loans

If an assessee satisfies conditions of both Section 24 and Section 80EEA of Income Tax Act, he/she will be able to claim benefits under both sections.

Here Are 10 Income Tax Provisions Announced In Budget 2019

Finance Minister Nirmala Sitharaman in her first Budget made no changes in the income tax structure. However, she announced a slew of new income tax proposals that could impact many tax payers. "We are thankful to the taxpayers who play a major role in nation building by paying their taxes.

Budget: Industry Body For Hike In 80C Income Tax Deduction To Rs 3 Lakh

India Budget 2019: Assocham has demanded that the deductions under the Section 80C of the Income Tax act should be increased to Rs. 3 lakh.

Interim Budget 2019: How Your Income Tax Liability Is Set To Change From Assessment Year 2020-21

Income tax rules (interim Budget 2019): Careful planning of investments can lead to a significant reduction in the assessees' tax outgo, say experts.

LIC Jeevan Labh Policy: Premium, Eligibility, Sum Assured, Other Benefits Here

LIC insurance policy: LIC Jeevan Labh policy can be purchased any individual between the age group of eight and maximum of 59 years.

ATM Card Rules: Transaction Charges Levied By SBI, Post Office Compared Here

Customers are charged for transactions at ATMs over and above the permitted number of free transactions.

LIC New Money Back Plan-20 Years: Sum Assured, Premium, Other Details Here

LIC Plan: New Money Back Plan-20 Years can be purchased by any individual between age of 13 years and 50 years for minimum sum assured of Rs. 1 lakh.

LIC Jeevan Labh Policy: Premium, Sum Assured, Other Details Here

LIC Jeevan Labh Policy: Any individual between the age of 8 and 59 years can purchase the LIC Jeevan Labh policy for minimum sum assured of Rs. 2 lakh.

LIC New Jeevan Anand Plan: Premium, Eligibility, Benefits, Details Here

LIC Policy: LIC New Jeevan Anand Policy can be purchased by any individual between age group of 18 and 50 years for minimum sum assured of Rs. 1 lakh.

LIC New Jeevan Nidhi Policy: Premium, Pension Amount And Other Details You Need To Know

LIC New Jeevan Nidhi plan is a conventional with profits pension plan with a combination of protection and saving features.

LIC Jeevan Pragati Policy: Sum Assured, Premium, Other Details Here

Any individual between the age group of 12-45 years of age can opt to buy LIC Jeevan Pragati Plan for a minimum sum assured of Rs. 1.5 lakh.

Life Insurance Corporation's Money Back Plan: Premium, Eligibility And Other Key Details

LIC Money Back Plan can be purchased with a minimum sum assured of Rs. 1 lakh and it has no limit on the maximum sum assured.

From Premium, Maturity To Tax Benefit: Key Things To Know About LIC New Jeevan Anand Plan

The premium paid for the LIC's New Jeevan Anand Policy plan also qualifies for tax rebate under Section 80C of the Income Tax Act.

Vijay Mallya To Be Extradited Rules London Court: 10 Points

Vijay Mallya is wanted in India for defaulting on Rs. 9,000 crore in loans to his failed Kingfisher Airlines.

Mistakes To Avoid While Filing Your Income Tax Return

Filine an income tax return (ITR) is mandatory for anybody earning an annual income of more than Rs. 2,50,000.

5 Benefits Why Health Insurance Is Important

There is a common dilemma among people about the right age to buy a health insurance policy.

Investing In Mutual Funds? Income Tax Rules That Will Change From April 1

Long-term capital gains exceeding Rs. 1 lakh arising from redemption of mutual fund units or equities on or after April 1, 2018 will be taxed at 10 per cent.

Budget 2018: 10% Capital Gains Tax On Sale Of Equity. Four Things To Know

Imposition of long term capital tax at the rate of 10% has spooked the Indian markets, Sensex and Nifty. Both market indices are in red despite the fact that they were considerably higher in run up to the Budget Speech in morning .

Budget 2018: Five Income Tax Changes You Need To Know

Finance Minister Arun Jaitley introduced a number of changes that will impact the income tax you pay, ranging from taxing long-term capital gains on investment in stocks and equity mutual funds to change in cess on income tax.

Budget 2018: Standard Deduction Reintroduced For Salaried Individuals

Tax experts say that reintroduction of standard deduction will help salaried employees get some parity with respect to businessmen and other self-employed professionals, who can claim a number of expenses such as rent, staff expenses and driver's salary etc. as business expenditure and reduce tax burden.

Aadhaar-Bank Linking: Deadline For Linking Aadhaar Extended To March 31

Aadhaar linking deadline has been extended by the government. An order modifies the law on Prevention of Money Laundering, saying Aadhaar, PAN and Form 60 can be submitted by "such date as may be notified by the Central Government".

Changes In PPF, NSC Rules: Here Are Five Things To Know

Return from PPF (Public Provident Fund) and NSC (National Savings Certificate) will nearly halve from the day you become an NRI. According to the latest changes in rules, if a PPF account holder turns NRI, the account will be deemed closed even if it has not matured and will earn interest at the much lower rate applicable to Post Office savings account.

For SBI Account Holders, These Rules, Charges Have Changed

In a recent move, SBI has completely waived off account closure charges for some accounts, effective October 1.

14,000 Properties Of Rs. 1 Crore Each Under Scanner: Tax Department

New Delhi: The Income Tax Department today said some 14,000 properties worth over Rs. 1 crore each are under its scrutiny as their owners have not filed tax returns.

Income Tax Department Warns Against Cash Dealings Above Rs. 2 Lakh

The central government had banned cash transactions of Rs. 2 lakh or more from April 1, 2017, through the Finance Act 2017

Soon Your Driving Habits Could Determine Your Vehicle Insurance Cost

Motor insurance premium in future may be determined through black box-based real-time monitoring of driving habits, vehicle usage and even distances covered, as per a proposal mooted by regulator Irda.

July 31 Is Last Date For Filing Tax Return. Why Form 26AS Has To Be Checked

The taxpayer can also see the refund received by him/her for previous assessment year in Form 26AS

NEFT Fund Transfer To Get Faster From July 10: 5 Things To Know

NEFT charges are typically lower for internet banking as compared to carrying out the transaction through bank branches.

Provident Fund Rules Changed For Paying Home Loan EMIs. Details In 10 Points

EPFO subscribes will be able withdraw up to 90% of their accumulations in their provident fund accounts for purchase/construction of houses or purchase of land.

VK Sharma Appointed LIC Chief For 5 Years

Managing Director at LIC, Mr Sharma was already acting as chairman since September 16 when the then chairman S K Roy was relieved of his duties

Life Insurance Corporation Hikes Stake In Bata

LIC bought 26.11 lakh shares, amounting to a 2.03 per cent stake, from open market during January 20 to December 8, 2016, according to a regulatory filing