Financial Express

Budget 2025: Tax slabs decoded! Nil tax on income upto 12 lakh; How much tax to pay if amount exceeds this threshold

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

Date: 2025-02-01 / Source: Financial Express

What is Standard deduction and how it helps salaried taxpayers under new tax regime?

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

Date: 2025-02-01 / Source: Financial Express

Belated ITR Filing 2024-25: Don’t miss this new deadline! Check penalty, steps to file belated tax return

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.

Date: 2025-01-10 / Source: Financial Express

Inflation Calculator: What will be the value of Rs 1 crore in 20, 30 and 50 years from now?

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.

Date: 2024-11-29 / Source: Financial Express

Aadhaar Card Update Deadline: Last date approaching soon! Here’s how to upload documents free-of-cost

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.

Date: 2024-11-28 / Source: Financial Express

Will Rs 7.5 lakh income be tax-free for senior citizens under Old Tax Regime in upcoming Union Budget? Here’s what finance ministry says

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.

Date: 2024-11-28 / Source: Financial Express

Term Vs whole life insurance – Which should you choose? Know the key differences

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.

Date: 2024-10-23 / Source: Financial Express

Retirement savings: What will be the value of Rs 5 crore after 25 years?

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.

Date: 2024-09-02 / Source: Financial Express

LIC of India launches new insurance plans – Check benefits, eligibility, other details

The insurance plans were launched on Monday by LIC CEO and MD Siddhartha Mohanty and will be available both available offline and online.

Date: 2024-08-06 / Source: Financial Express

ITR Filing: What is Updated Return? Who is not eligible to file an updated return? Check late fees, penalty

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.

Date: 2024-07-29 / Source: Financial Express

ITR Filing Date 2024 Live Updates: Income tax return deadline to be extended beyond July 31? What we know so far

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.

Date: 2024-07-29 / Source: Financial Express

Top 10 expectations of individual taxpayers which Budget 2024 needs to fulfill

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.

Date: 2024-07-23 / Source: Financial Express

ITR Filing Penalty After Due Date: Late fee for delayed filing of income tax return, last date, fees and more

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.

Date: 2024-07-18 / Source: Financial Express

ITR Filing: Risks of sharing your sensitive financial details with an income tax filer

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.

Date: 2024-07-17 / Source: Financial Express

Union Budget 2024: Why Standard Deduction limit needs to be increased to Rs 100,000!

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.

Date: 2024-07-15 / Source: Financial Express

Attention Taxpayers! Income Tax Department warns against false claims in income tax returns

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.

Date: 2024-07-06 / Source: Financial Express

Best practices to keep your money safe from fraudsters

Regularly monitoring your financial records and staying alert for any suspicious activities is crucial for early fraud detection.

Date: 2024-07-04 / Source: Financial Express

How to file ITR online – Steps for e-filing income tax return

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.

Date: 2024-07-02 / Source: Financial Express

Income Tax Return: How to choose correct ITR form for tax filing

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

Date: 2024-06-25 / Source: Financial Express

ITR Filing: Minute details of furnishing an error free Income Tax Return

Taxpayers required to file their income tax return should take into consideration the following.

Date: 2024-06-20 / Source: Financial Express

Modi 3.0: 80C Deduction benefits to be extended to new tax regime in Budget 2024?

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.

Date: 2024-06-17 / Source: Financial Express

Budget 2024: Big tax relief for middle-class in the offing? Section 80C, 80D deduction limits may be hiked to …

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.

Date: 2024-06-12 / Source: Financial Express

Income Tax Return: How to get maximum tax refunds on filing ITR | Check out these 5 ways!

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.

Date: 2024-06-05 / Source: Financial Express

What happens to your property if you die without a will?

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.

Date: 2024-06-01 / Source: Financial Express

Retirement Planning: How insurance can contribute towards building a robust retirement fund

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.

Date: 2024-05-22 / Source: Financial Express

How term insurance ownership lays the foundation of financial empowerment for women

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.

Date: 2024-03-08 / Source: Financial Express

7 tips to choose the best term insurance plan

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

Date: 2023-12-12 / Source: Financial Express

NRI? Here’s how you can save tax on health insurance with GST refund!

To qualify for GST refunds on health insurance, the proposer must be a Non-Resident Indian.

Date: 2023-09-27 / Source: Financial Express

A comprehensive guide to reimbursement claims in health insurance

Understanding the reimbursement process and adhering to the necessary steps and documentation requirements is essential for a smooth and successful reimbursement claim experience.

Date: 2023-09-20 / Source: Financial Express

YOUR MONEY: Assess the kind of health cover your parents need

Check for exclusions, deductibles & limitations in the insurance policies

Date: 2023-08-11 / Source: Financial Express

Health Insurance: Riders add heft to your health plans

Buy these add-ons early in life to get higher and wider coverage

Date: 2023-08-02 / Source: Financial Express

YOUR MONEY: Calculate how much life insurance cover you need

Upgrade your policies as you move from one life stage to another.

Date: 2023-07-28 / Source: Financial Express

LIC Jeevan Kiran (Plan 870): New Term Insurance Plan – Check Minimum Premium, Eligibility, Benefits

LIC Jeevan Kiran (Plan 870): The Life Insurance Corporation of India (LIC) has launched a new plan named Jeevan Kiran.

Date: 2023-07-27 / Source: Financial Express

Decoding the difference between Term Insurance and Life Insurance

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.

Date: 2023-07-20 / Source: Financial Express

80% consumers rely on personal recommendations for purchasing insurance: Study

Personal recommendation from friends and family or a known agent is the top trigger for insurance consideration for approx. 80% of the respondents.

Date: 2023-07-06 / Source: Financial Express

Your Money: Get a loan against your life insurance policy

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.

Date: 2023-06-26 / Source: Financial Express

LIC Dhan Vridhhi (Plan 869): Premium Calculation, Benefits, Eligibility – All Details

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

Date: 2023-06-24 / Source: Financial Express

Health insurance: A critical illness plan is a must buy

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.

Date: 2023-06-16 / Source: Financial Express

HEALTH INSURANCE: Think before opting for deductible

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.

Date: 2023-05-12 / Source: Financial Express

Three important things you must check before buying health insurance

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.

Date: 2023-03-27 / Source: Financial Express

How much money is ‘ideal’ for retiring with the same lifestyle? Survey finds

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

Date: 2023-03-10 / Source: Financial Express

Health Insurance: Get discount on premium for multi-year health policy

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.

Date: 2023-02-20 / Source: Financial Express

Things to keep in mind while purchasing life insurance after 40 years of age

Life insurance helps safeguard one’s family and oneself against two types of financial risks – untimely death and old age.

Date: 2023-02-17 / Source: Financial Express

Your money: Buying insurance? Don’t chase returns, maximise risk cover

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.

Date: 2023-01-20 / Source: Financial Express

LIC Jeevan Azad (Plan No. 868): New LIC policy for Rs 5 lakh cover and other benefits

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.

Date: 2023-01-20 / Source: Financial Express

Covering Senior Citizen parents with Office Group Medical Insurance only could be disastrous – Here’s why

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

Date: 2022-12-26 / Source: Financial Express

What is the right age to purchase a health insurance policy?

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.

Date: 2022-12-19 / Source: Financial Express

No-Claim Bonus: Importance of NCB in health insurance

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

Date: 2022-12-04 / Source: Financial Express

The complete checklist for buying Life Insurance in 2023

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.

Date: 2022-12-03 / Source: Financial Express

Should I opt for health top-ups in my 40s?

Your health insurance premium increases, especially if the sum covered is large and you have certain medical conditions.

Date: 2022-12-01 / Source: Financial Express

Life insurance: Lapsed policy? Beware of hoax calls

It is better to revive a lapsed policy rather than buying a new one

Date: 2022-11-30 / Source: Financial Express

Health insurance: Take OPD cover in your planHealth insurance: Take OPD cover in your plan

Optimise your policy with cashless OPD & restoration benefits.

Date: 2022-11-16 / Source: Financial Express

Income Tax Return filing by salaried employees: 5 common problems and their solutions explained

The Income Tax rules have several provisions through which employees can reduce their overall tax outgo.

Date: 2022-11-14 / Source: Financial Express

Health Insurance for Senior citizens: Check these conditions before applying

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.

Date: 2022-11-08 / Source: Financial Express

5 reasons why you must consider both mental and physical health cover

Physical illnesses may have tangible and evident symptoms, but most mental concerns go unnoticed or ignored.

Date: 2022-10-29 / Source: Financial Express

Gift yourself financial security & prosperity this Diwali by opting for Guaranteed Products

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.

Date: 2022-10-23 / Source: Financial Express

LIC Dhan Varsha (Plan No. 866) Details: Premium, Maturity, Benefits, Last Date, Eligibility

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

Date: 2022-10-19 / Source: Financial Express

Why should you get your health insurance reviewed?

A Complete Health Insurance Portfolio Review is the need of the hour amidst the uncertainties we continuously experience.

Date: 2022-10-11 / Source: Financial Express

What are the differences between participating and non-participating life insurance policies?

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.

Date: 2022-10-10 / Source: Financial Express

How does life insurance claim settlement work in India?

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.

Date: 2022-06-14 / Source: Financial Express

What is life insurance underwriting and how is it done? Here’s what buyers need to know

Life Insurance Underwriting is the process by which life insurance companies determine a customer’s eligibility for a particular policy.

Date: 2022-06-04 / Source: Financial Express

Is your insurance policy safeguarded under MWP Act?

The MWP Act is a provision that protects the insurance money from creditors, banks and government agencies.

Date: 2022-06-01 / Source: Financial Express

Why do health insurance claims get partly paid or rejected

There are several grounds on the basis of which your health insurance claim can lead you straight to rejection or partial settlement.

Date: 2022-05-30 / Source: Financial Express

What is zero dep insurance and how it differs from comprehensive car insurance?

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.

Date: 2022-05-24 / Source: Financial Express

Top insurance mistakes that may hit your finances hard

Taking an adequate insurance cover before you start your investment journey is like laying a proper foundation before constructing a building.

Date: 2022-05-24 / Source: Financial Express

Life and Health Cover: How much coverage should one buy and factors to consider while purchasing insurance

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.

Date: 2022-05-21 / Source: Financial Express

Misfueling cover in India: Damaged car or bike engine after using wrong fuel? Will motor insurance help?

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.

Date: 2022-05-12 / Source: Financial Express

Insurance cover: Why you need to buy home insurance

Review your home insurance requirement every year so that your home does not remain underinsured following an enhancement in the value of your home

Date: 2022-05-11 / Source: Financial Express

Mother’s Day 2022: How health insurance needs evolve for mothers at every stage of life

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.

Date: 2022-05-08 / Source: Financial Express

Why you must opt for comprehensive health cover over and above your corporate insurance

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.

Date: 2022-04-30 / Source: Financial Express

Health insurance tips: Should you opt for riders and top up plans?

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.

Date: 2022-04-30 / Source: Financial Express

Embedded Value – ULIP: Insurance is about safety, not returns

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.

Date: 2022-04-27 / Source: Financial Express

When is the right time to buy a health insurance policy?

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.

Date: 2022-04-25 / Source: Financial Express

Why should buying insurance be your top priority?

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.

Date: 2022-04-20 / Source: Financial Express

Health insurance: Know how a rider adds value to your health plan

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

Date: 2022-04-11 / Source: Financial Express

Health insurance: Covid-specific health plans available till September 30

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.

Date: 2022-04-04 / Source: Financial Express

Embedded Value: Don’t let your life insurance policy lapse

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.

Date: 2022-03-30 / Source: Financial Express

General insurers already seeing surge in travel insurance demands

General insurers already seeing surge in travel insurance demands, expect ‘significant increase’ in insurance cover demands in next couple of months

Date: 2022-03-26 / Source: Financial Express

Life Insurance: How you can make the claims process easier

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,

Date: 2022-03-25 / Source: Financial Express

International flights to be fully operational soon! Here’s why to opt for travel insurance before flying abroad

Opting for international travel insurance can help travelers enjoy their trips without any hassles or interruptions.

Date: 2022-03-21 / Source: Financial Express

The complete guide to saving tax under Section 80D

Section 80D allows taxpayers to avail tax deductions on the premiums paid towards health and medical insurance in a financial year

Date: 2022-03-14 / Source: Financial Express

How you can financially secure the women in your family

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.

Date: 2022-03-08 / Source: Financial Express

Life Insurance a must for today’s woman

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.

Date: 2022-03-05 / Source: Financial Express

Planning to buy health insurance? Compare the cheapest premiums

Health insurance is one of the most important tools to help us pay hefty hospital bills and avoid a financial crisis.

Date: 2022-03-04 / Source: Financial Express

Your Money: Know how sub-limits can affect your health insurance policy coverage

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.

Date: 2022-03-02 / Source: Financial Express

Long-term Health Insurance: One-stop solution to reduce the burden of yearly renewal

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.

Date: 2022-02-23 / Source: Financial Express

Health insurance: Making claims settlement transparent

Insurers have to specifically give reasons for any claim denial and refer to the corresponding policy condition

Date: 2022-02-18 / Source: Financial Express

First time buying life insurance? Here’s what you should know

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

Date: 2022-02-08 / Source: Financial Express

LIC revises annuity rates of Jeevan Akshay VII and New Jeevan Shanti

LIC of India has revised the annuity rates of two annuity plans recently.

Date: 2022-02-04 / Source: Financial Express

7 smart tips to buy health insurance for senior citizens

Here are some important tips senior citizens should not forget before buying a health insurance policy.

Date: 2022-02-04 / Source: Financial Express

World Cancer Day 2022: Secure yourself against uncertainties with cancer specific health insurance cover

Cancer is dreaded across the globe and accounts for more than 10 million deaths worldwide every year.

Date: 2022-02-04 / Source: Financial Express

5 income tax changes announced in Budget 2022 taxpayers must be aware of

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

Date: 2022-02-01 / Source: Financial Express

Your Money: Three reasons why you need health insurance

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.

Date: 2022-01-28 / Source: Financial Express

Unit linked insurance plans: Check tax norms for capital gains on Ulips

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

Date: 2022-01-14 / Source: Financial Express

Traditional life insurance plans: Know how money back, endowment plans work

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.

Date: 2021-12-31 / Source: Financial Express

Here is why getting regular income post-retirement is important

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.

Date: 2021-12-29 / Source: Financial Express

ITR Filing: How to access the Annual Information Statement information online?

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.

Date: 2021-12-29 / Source: Financial Express

Your last chance to get free credit report from credit bureaus as 2021 is ending soon!

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.

Date: 2021-12-25 / Source: Financial Express

Life Insurance : A new lease of life, and not just a tax-saving tool

Insurers to increasingly focus on bundled offerings with hybrid features, innovative bite-sized or context-based solutions

Date: 2021-12-22 / Source: Financial Express

Embedded Value: How buying a life insurance or mediclaim policy can help you save tax

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.

Date: 2021-12-21 / Source: Financial Express

Life insurance: Don’t let your insurance policy lapse

Not renewing an insurance policy even during the grace period defeats the purpose of buying a cover and your financial protection is at risk

Date: 2021-12-06 / Source: Financial Express

Your car insurance claims can be rejected! Here’s when

Always remember to read your policy document and the terms and conditions of the policy to know what is included and what is not.

Date: 2021-12-04 / Source: Financial Express

How different is individual health insurance from family floater and critical illness plan?

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.

Date: 2021-12-02 / Source: Financial Express

Review your life insurance needs every 10 or 15 years

Such policies provide the child enough funds to continue education even if he loses his parents.

Date: 2021-11-30 / Source: Financial Express

Your Money: Have you planned for your retirement years?

The most important reason for planning exclusively for retirement is the change in the fabric of the family structure.

Date: 2021-11-27 / Source: Financial Express

How to choose the right motor insurance policy and add-ons for your vehicle

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.

Date: 2021-11-20 / Source: Financial Express

Insurance: How to ensure your claim isn’t rejected

Your health or life insurance document enumerates the terms and conditions of the policy contract. Strictly adhere to these to avoid any claim rejection

Date: 2021-11-19 / Source: Financial Express

How annuity plans can help secure the future of your parents

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.

Date: 2021-11-16 / Source: Financial Express

Your Money: Ways in which life insurance can help in times of financial crisis

Before one chooses the best insurance plan, it is important to understand the life insurance definition so that the best insurance can be chosen.

Date: 2021-11-10 / Source: Financial Express

This Festive Season, Empower your Loved Ones with Insurance

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.

Date: 2021-11-01 / Source: Financial Express

Health insurance: Tips for buying health plan for senior citizens

Look for medical insurance with the shortest waiting period and minimum number of diseases under this period

Date: 2021-10-29 / Source: Financial Express

Want to take a home loan this festive season? Check out the lowest interest rates

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.

Date: 2021-10-27 / Source: Financial Express

How to manage your EMIs, debts to save money during festive session

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.

Date: 2021-10-26 / Source: Financial Express

Tax implications on capital gains earned by NRIs

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.

Date: 2021-10-20 / Source: Financial Express

Should you buy Guaranteed Income Plans for Life Insurance? Check Pros and Cons

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

Date: 2021-10-16 / Source: Financial Express

10 ‘Ravanas’ you should burn this Dussehra to get rich fast, make your finances healthy

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.

Date: 2021-10-14 / Source: Financial Express

Buying health insurance for senior citizens? Consider these important factors first

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.

Date: 2021-10-01 / Source: Financial Express

Planning to file ITR? Know how to prepare yourself for Income Tax Return filing for AY 2021-2022

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.

Date: 2021-09-30 / Source: Financial Express

3 reasons why you should choose ULIPs for accumulation of wealth

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.

Date: 2021-09-29 / Source: Financial Express

How to improve your credit score fast

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.

Date: 2021-09-14 / Source: Financial Express

Your Money: Insurance – Peace of mind and tax benefits, too

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.

Date: 2021-09-14 / Source: Financial Express

RBI alert! Beware of frauds in the name of KYC updation. Check how you may be fooled

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.

Date: 2021-09-14 / Source: Financial Express

Sold unlisted shares? Know the tax implications

As equity shares of a company are considered as capital assets, selling such shares would either result in a capital gain or capital loss.

Date: 2021-09-04 / Source: Financial Express

5 warning signs of incorrect credit card usage

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.

Date: 2021-09-04 / Source: Financial Express

Independent Day: How to be financially independent with a good credit score

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.

Date: 2021-08-15 / Source: Financial Express

How insurance can help you gain freedom from financial risks

This Independence Day, be well informed and choose to be free of financial worries by covering your risks with insurance.

Date: 2021-08-13 / Source: Financial Express

Financial Planning for Individuals: Five-point checklist to set financial goals for your future

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

Date: 2021-08-05 / Source: Financial Express

7 types of health insurance plans: Features, benefits, how they work – Explained

Let's see 7 different types of health insurance plans and what they have to offer.

Date: 2021-08-04 / Source: Financial Express

Low credit score? Six tips to get a home loan yet

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

Date: 2021-08-04 / Source: Financial Express

Retirement Planning: Are pension plans a good option for post-retirement planning?

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.

Date: 2021-08-02 / Source: Financial Express

Top life insurance mistakes even smart people make

From budgeting missteps and impulse purchases to inadequate contingency planning and much more, nobody is immune to financial faux pas.

Date: 2021-07-29 / Source: Financial Express

Top things you should know before co-applying for a home loan

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

Date: 2021-07-26 / Source: Financial Express

4 key points to take note of while buying a health insurance policy

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.

Date: 2021-07-24 / Source: Financial Express

Need money? Here are the best ways to get a loan in case of emergency

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.

Date: 2021-07-21 / Source: Financial Express

Home Loan: Why part-prepayments are a good idea

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

Date: 2021-07-16 / Source: Financial Express

What role do guaranteed insurance plans play in meeting long-term goals?

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.

Date: 2021-07-15 / Source: Financial Express

Health Insurance: Here’s all you need to know about Day Care procedures

The procedures that require medical care and are completed within 24 hours are called daycare procedures.

Date: 2021-07-08 / Source: Financial Express

5 things you must know before investing in real estate during Covid-19

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

Date: 2021-07-07 / Source: Financial Express

Fixed income: Lock in small savings schemes by June-end

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

Date: 2021-06-28 / Source: Financial Express

7 reasons why life insurance is a must for every individual

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.

Date: 2021-06-28 / Source: Financial Express

Traditional savings products guarantee income for tomorrow – Here’s how

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.

Date: 2021-06-28 / Source: Financial Express

Insurance Awareness Day: How to make an informed buying decision

Life insurance policies of the pure protection variety, known as term Insurance, are basic and most necessary form of life insurance cover.

Date: 2021-06-28 / Source: Financial Express

Will families pay Income Tax on money received from employer or others after Covid death? Check new rule

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.

Date: 2021-06-26 / Source: Financial Express

PAN-Aadhaar linking deadline extended! Your PAN may become inoperative if not linked by this date

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’.

Date: 2021-06-25 / Source: Financial Express

How to make the most of tax deductions on education loan

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.

Date: 2021-06-16 / Source: Financial Express

5 home loan tips for first-time homebuyers

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.

Date: 2021-05-29 / Source: Financial Express

Health Insurance: What happens to a policy after death of an insured member?

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.

Date: 2021-05-28 / Source: Financial Express

Not following these 7 points will make Covid-19 claim difficult for you

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

Date: 2021-05-27 / Source: Financial Express

How to claim insurance if your vehicle gets stolen

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.

Date: 2021-05-24 / Source: Financial Express

Massive drop in Bitcoin, Dogecoin, Ethereum and other coin prices. What it means for investors?

Prices of popular cryptocurrencies like Bitcoin, Etherium and DogeCoin have dropped massively in the last 24 hours.

Date: 2021-05-19 / Source: Financial Express

International Nurses Day 2021: Nurses, the caring change agents of our society

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.

Date: 2021-05-12 / Source: Financial Express

Health insurance: Tips to ensure your health claim is not rejected

The most common ground for rejection is incorrect or false information in the application/claim form

Date: 2021-05-12 / Source: Financial Express

Befriend your money and reap the benefits – Financial tips for millennial moms

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.

Date: 2021-05-09 / Source: Financial Express

Mother’s Day: How to buy health insurance specifically for young mothers?

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.

Date: 2021-05-07 / Source: Financial Express

Tips to pay off your loans and the benefits of repaying early

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

Date: 2021-05-07 / Source: Financial Express

Protect your life by purchasing not only health insurance but also term insurance: Parag Raja

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.

Date: 2021-05-05 / Source: Financial Express

Your Money: Why we need to plan for retirement at every life stage

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.

Date: 2021-05-04 / Source: Financial Express

Why is investment planning important for women?

It is important for women to focus on planning their finances for meeting their long-term goals and aspirations.

Date: 2021-04-23 / Source: Financial Express

5 things first-time home buyers should know while looking for a home loan

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.

Date: 2021-04-22 / Source: Financial Express

LIC collects highest-ever Rs 1.84 lakh-crore new premium in corona period

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.

Date: 2021-04-22 / Source: Financial Express

Benefits of no claim bonus protection add-on cover in car insurance and how it works

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!

Date: 2021-04-22 / Source: Financial Express

Know why you need to buy a critical illness insurance plan

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.

Date: 2021-04-20 / Source: Financial Express

11 super critical questions to ask yourself before signing up for a home loan

Here is a list of some important questions to help you avoid making a mistake while you plan to take a home loan.

Date: 2021-04-14 / Source: Financial Express

Nine personal finance lessons from Navdurga’s Navratras that help you achieve financial goals

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.

Date: 2021-04-13 / Source: Financial Express

Planning for your child’s future? Here are some quick tips

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.

Date: 2021-04-11 / Source: Financial Express

Life insurance: How to choose a term insurance plan

A term insurance cover should be in place at least till retirement, or till the time one has dependents or liabilities like loans

Date: 2021-04-02 / Source: Financial Express

Your Money: Using life insurance as a retirement plan tool

Both annuity plans and term insurance plans can help you to plan your retirement as there are different variants available in the market

Date: 2021-04-01 / Source: Financial Express

No Income Tax on salary income of Non-Residents Indians in Gulf countries! Sitharaman says it is exempt

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.

Date: 2021-04-01 / Source: Financial Express

Financial planning: Six tips to help you face any financial crisis

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.

Date: 2021-03-30 / Source: Financial Express

Income Tax Alert! Employees Provident Fund, LTC to ITR Filing rules – 10 big changes to know before April 1

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.

Date: 2021-03-28 / Source: Financial Express

LIC eases policy claim settlement process

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.

Date: 2021-03-18 / Source: Financial Express

LIC of India launches Bachat Plus, may be taken to avail LTC Scheme benefit

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

Date: 2021-03-15 / Source: Financial Express

Relief to NRIs facing double taxation: Information to be submitted by this date

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.

Date: 2021-03-06 / Source: Financial Express

Home loan tax incentives you need to be aware of

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.

Date: 2021-03-05 / Source: Financial Express

Your Money: Bridging the gap between women and finance

Several banks offer women savings accounts and credit cards tailored to their needs besides better terms on loans

Date: 2021-03-05 / Source: Financial Express

Financial Planning: Five tips to handle financial uncertainties

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

Date: 2021-03-05 / Source: Financial Express

Why is it essential to opt for an individual health policy even after a group health policy? Find out

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

Date: 2021-03-04 / Source: Financial Express

Are Corona virus health insurance plans a substitute for Mediclaim?

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.

Date: 2021-03-02 / Source: Financial Express

Car insurance – What should you do after your motor insurance policy expires?

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.

Date: 2021-02-23 / Source: Financial Express

Looking for motor insurance? Know what type of policy you need

A comprehensive motor insurance policy covers you for both third-party damages and own damages

Date: 2021-02-22 / Source: Financial Express

Budget 2021: No overhaul in personal tax structure; relief comes to taxpayers in other forms

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:

Date: 2021-02-02 / Source: Financial Express

Budget 2021: Instances have come to the notice where some employees are contributing huge amounts to these funds and entire interest is exempt from tax

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

Date: 2021-02-01 / Source: Financial Express

CIBIL Score – How it is calculated and why is it important?

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.

Date: 2021-01-27 / Source: Financial Express

Submission of investment proof: All you need to know to minimise tax deduction

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.

Date: 2021-01-27 / Source: Financial Express

Retiring soon? Here’s why buying annuity plans may make sense

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.

Date: 2021-01-20 / Source: Financial Express

Make Your Money Grow: How to get wealthy with smart investment

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.

Date: 2021-01-19 / Source: Financial Express

5 intelligent tips on financial planning in the New Year

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.

Date: 2021-01-18 / Source: Financial Express

How to avail loans during an emergency

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.

Date: 2021-01-13 / Source: Financial Express

Income Tax return: 5% more I-T returns filed this year

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.

Date: 2021-01-12 / Source: Financial Express

Smart consumption: Five tips for smart spending and saving habits

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

Date: 2021-01-12 / Source: Financial Express

Income Tax Return: Missing Jan 10 due date would straightway attract double late fee

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.

Date: 2021-01-04 / Source: Financial Express

How to avail a loan if you do not have a good credit score?

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.

Date: 2021-01-04 / Source: Financial Express

5 most important financial resolutions for 2021

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.

Date: 2021-01-02 / Source: Financial Express

Your Money in 2021: Smart moves for a healthier financial life

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.

Date: 2021-01-01 / Source: Financial Express

Income tax: How debt and equity investments are taxed

Taxation rules for debt and equity investments are different. So look at the tax implications on each instrument before investing

Date: 2020-12-21 / Source: Financial Express

Your Money: Life insurance helps focus on long-term goals

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

Date: 2020-12-21 / Source: Financial Express

Insurance: An insurance cover for each life stage

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

Date: 2020-12-18 / Source: Financial Express

Your Money: What you need to know before you start investing

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.

Date: 2020-12-15 / Source: Financial Express

Income Tax Return filing: 10 things to keep in mind while filing ITR for AY 2020-21

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.

Date: 2020-12-15 / Source: Financial Express

How is the home insurance premium determined?

While it is imperative to check what all events are covered under the policy, choosing the right sum insurance is equally important.

Date: 2020-12-15 / Source: Financial Express

Banking Crisis Spree: Here is how to safeguard your hard earned money

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.

Date: 2020-12-10 / Source: Financial Express

The importance of life insurance in your life

Evaluate your earnings and compare it with your expenses. Curtail the unnecessary spending and save the money to celebrate bigger and more important milestones.

Date: 2020-12-04 / Source: Financial Express

Deposit, loan interest rates to largely remain flat as RBI keeps policy rates unchanged

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.

Date: 2020-12-04 / Source: Financial Express

Home Insurance: Know all about inclusions and exclusions under a home insurance policy

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.

Date: 2020-11-30 / Source: Financial Express

ITR 2020: Not filed Income Tax Return yet? Here are the consequences you may face

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

Date: 2020-11-30 / Source: Financial Express

Retirement planning: Annuity plans can ensure regular cash flow

Annuity products from life insurers cover an individual for life, remove reinvestment risks and are not vulnerable to market volatility

Date: 2020-11-30 / Source: Financial Express

Income Tax Return filing: Tax changes to keep in mind while filing ITR for AY2020-21

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

Date: 2020-11-21 / Source: Financial Express

Health insurance: Tips for buying health cover for the elderly

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

Date: 2020-11-20 / Source: Financial Express

Starting to invest in your 20’s? Here are some money lessons for you

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.

Date: 2020-11-19 / Source: Financial Express

How critical illness insurance can protect you from high cancer treatment costs

Critical illness insurance policies provide financial support to the insured if they are diagnosed with cancer.

Date: 2020-11-07 / Source: Financial Express

Emergency corpus: Saving to help you during a crisis

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.

Date: 2020-11-06 / Source: Financial Express

Need to submit ITR proof? You have to use Income Tax Acknowledgement

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

Date: 2020-10-31 / Source: Financial Express

Income tax return filing deadline for FY20 extended till December 31

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.

Date: 2020-10-24 / Source: Financial Express

90% Indians say financial health has a profound impact on their well-being: Survey

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.

Date: 2020-10-22 / Source: Financial Express

Indians start planning for retirement in their early 30s: Survey

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.

Date: 2020-10-21 / Source: Financial Express

Salaried? Know the changing tax implications resulting from ‘Work from Home’

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.

Date: 2020-10-17 / Source: Financial Express

Self-employed? Income planning is key for your financial freedom

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.

Date: 2020-10-09 / Source: Financial Express

Imposition of TDS/TCS: What would be the impact on online transactions?

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.

Date: 2020-10-08 / Source: Financial Express

TCS on education loan makes getting a foreign degree more expensive

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.

Date: 2020-10-06 / Source: Financial Express

Lockdown effect on rents: Need clarity on tax impact

Whether it is rent waivers or vacant property due to lockdown, the government needs to consider the tax impact on rental income

Date: 2020-10-05 / Source: Financial Express

Pensioner? Last date for submitting Life Certificate extended – Know the new time-line for 2020

Every Central Government pensioner has to submit life certificate for further continuation of the pension amount.

Date: 2020-10-02 / Source: Financial Express

Why is term life insurance important for self-employed?

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.

Date: 2020-10-01 / Source: Financial Express

Due date for filing belated, revised ITR extended! CBDT issues Order for AY 2019-20

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

Date: 2020-09-30 / Source: Financial Express

5 scenarios when opting for loan restructuring might not be a good idea

Should you really opt for the loan restructuring plan if you’re eligible for it and will it be useful to you? Find out.

Date: 2020-09-30 / Source: Financial Express

World Heart Day 2020: Taking care of one’s heart in times of pandemic and beyond

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.

Date: 2020-09-29 / Source: Financial Express

Income Tax Return filing: 10 ITR filing mistakes which can cost taxpayers dearly

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.

Date: 2020-09-29 / Source: Financial Express

Know how you can bolster your credit score

Catch up on missed payments as early as possible and make on-time payments to improve your credit score

Date: 2020-09-23 / Source: Financial Express

Getting a fresh health insurance cover? Do this instead

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.

Date: 2020-09-22 / Source: Financial Express

COVID-19: Wakeup call for millennials to invest in term insurance for a secure future

The uncertainties of healthcare happenings emphasize why millennials need to secure their future and that of their families via term insurance plans.

Date: 2020-09-21 / Source: Financial Express

Life Insurance: Why protection and guaranteed plans are in demand – Find out

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.

Date: 2020-09-09 / Source: Financial Express

ITR e-filing: Know how to e-file your income tax return

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.

Date: 2020-09-09 / Source: Financial Express

Home loans: Should you switch over to fixed interest rates?

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.

Date: 2020-09-08 / Source: Financial Express

Latest Home Loan Interest Rates: Which banks are currently offering home loans under 7%?

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.

Date: 2020-09-04 / Source: Financial Express

Covid: Insurers receive 1.69 lakh claims amounting to Rs 2,641 crore

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.

Date: 2020-09-03 / Source: Financial Express

From HDFC to PNB Housing, lowest home loan interest rates offered by top housing finance companies

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

Date: 2020-08-27 / Source: Financial Express

5 credit card misconceptions you shouldn’t fall for

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.

Date: 2020-08-27 / Source: Financial Express

Demand for Corona Kavach surges as COVID-19 cases spike in India

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

Date: 2020-08-25 / Source: Financial Express

The growing importance of insurance in Covid-19 times

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.

Date: 2020-08-12 / Source: Financial Express

Health insurance misconceptions among millennials – Get clarity now

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.

Date: 2020-08-12 / Source: Financial Express

LIC’s new premium income soars 25.2% to Rs 1.78 lakh crore in FY20

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.

Date: 2020-07-30 / Source: Financial Express

5 things to consider while buying a term insurance policy

While choosing an insurance policy, there are more things to look at instead of just the premium of the policy.

Date: 2020-07-27 / Source: Financial Express

Self-occupied or rented? Here’s how to claim tax benefits on second house property as per new rules

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.

Date: 2020-07-27 / Source: Financial Express

How dividend income is taxed in India now – All you need to know

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.

Date: 2020-07-25 / Source: Financial Express

Smart tips to lower home loan interest burden and clear dues fast

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.

Date: 2020-07-23 / Source: Financial Express

Race to the bottom? LIC Housing cuts home loan interest rate to 6.9% – Check what SBI, HDFC are offering

Only banks are mandated to offer loans based on an external benchmark rate (EBR) or loans linked to MCLR.

Date: 2020-07-23 / Source: Financial Express

New Form 26AS: What all new information a taxpayer can get from it?

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.

Date: 2020-07-23 / Source: Financial Express

How are winnings from TV game shows, KBC, lotteries taxed?

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?

Date: 2020-07-23 / Source: Financial Express

Going to file your Income Tax Return? Know which ITR Form to use

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.

Date: 2020-07-22 / Source: Financial Express

Beware! These seven ITR filing mistakes can lead to an income tax notice

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.

Date: 2020-07-22 / Source: Financial Express

FDs fail to keep pace with retail inflation, money invested to lose value

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

Date: 2020-07-16 / Source: Financial Express

4 ways to increase your personal loan eligibility amid the Covid crisis

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.

Date: 2020-07-13 / Source: Financial Express

Passive Income: What is it and how does it benefit you?

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.

Date: 2020-07-13 / Source: Financial Express

Builder Defers New Project Indefinitely: What are the legal remedies?

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.

Date: 2020-07-13 / Source: Financial Express

What is the crucial link between repo rate and your home loan EMIs? Find out

The RLLR regime has ensured that the benefits of rate cuts are compulsorily passed on to the borrowers.

Date: 2020-07-11 / Source: Financial Express

Income Tax Benefits for Senior Citizens: Know the advantages that elderly people enjoy

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.

Date: 2020-07-10 / Source: Financial Express

5 costliest mistakes to avoid while using credit cards

The mistakes in using credit cards can be costly and can even end up making you fall in a debt trap.

Date: 2020-07-05 / Source: Financial Express

Gold Loan Vs Personal Loan: Is gold loan better than personal loan? Explained

The choice between gold loan and personal loan will primarily depend on the borrower’s needs and profile.

Date: 2020-07-03 / Source: Financial Express

Tax Alert! Haven’t paid your advance tax yet? Pay it today to avail this benefit

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.

Date: 2020-06-30 / Source: Financial Express

Aadhaar-PAN linking to ITR filing, 8 financial deadlines extended recently amid COVID-19 outbreak

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.

Date: 2020-06-30 / Source: Financial Express

Exempt allowances for salaried taxpayers in New Tax Regime: Here’s all you need to know

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.

Date: 2020-06-30 / Source: Financial Express

Income Tax Return filing for FY2019-20: Here is all you need to do before filing your ITR

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.

Date: 2020-06-27 / Source: Financial Express

National Insurance Awareness Day 2020: 10 essential things to check before buying a policy

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

Date: 2020-06-27 / Source: Financial Express

Embedded value: When all else fails, life insurance works

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

Date: 2020-06-26 / Source: Financial Express

Tax Alert! 6 changes in income tax compliance requirements every taxpayer must be aware of

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.

Date: 2020-06-25 / Source: Financial Express

Income Tax – Submit details of Section 80C investments early to reduce TDS

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.

Date: 2020-06-23 / Source: Financial Express

Covid-19 fear makes people rush for health insurance cover

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.

Date: 2020-06-22 / Source: Financial Express

General insurance: Protect your assets with an insurance policy

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

Date: 2020-06-22 / Source: Financial Express

Deductions under Chapter VI A of Income Tax Act: Know how much tax may be saved

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.

Date: 2020-06-19 / Source: Financial Express

5 reasons to check your credit report regularly in times of Covid-19

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.

Date: 2020-06-15 / Source: Financial Express

Income Tax Return filing: What is new in the new ITR forms for AY 2020-21?

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.

Date: 2020-06-11 / Source: Financial Express

CBDT relaxes residency norms for NRIs in India; Here’s all you need to know

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.

Date: 2020-06-11 / Source: Financial Express

Low interest rates: Opt for repo-linked housing loan now; Here’s why

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.

Date: 2020-06-08 / Source: Financial Express

How to take a loan against your insurance policy

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.

Date: 2020-06-08 / Source: Financial Express

GST NIL return filing alert! Now you can do it through SMS

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.

Date: 2020-06-08 / Source: Financial Express

Can property prices in India be further reduced? Here’s what developers say

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?

Date: 2020-06-05 / Source: Financial Express

Facing difficulty in applying for loan moratorium? This is what you need to do

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.

Date: 2020-06-03 / Source: Financial Express

5 smart ways to boost your loan approval chances in times of Covid-19

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.

Date: 2020-06-02 / Source: Financial Express

Burdened with credit card debt during lockdown? Here is how to get rid of it

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

Date: 2020-06-01 / Source: Financial Express

Invested during extended period? You have to mention details separately in ITR

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.

Date: 2020-06-01 / Source: Financial Express

Interest on deposits drops to 17-year low

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.

Date: 2020-05-28 / Source: Financial Express

CBDT notifies revised Form 26AS, to now include real estate, share transaction details

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

Date: 2020-05-28 / Source: Financial Express

Fixed Deposits: State Bank of India (SBI) cuts FD interest rate by 0.4% across all tenure – Check new rates

SBI Latest FD Rates: The new rates of interest will apply to fresh deposits and renewals of maturing deposits.

Date: 2020-05-27 / Source: Financial Express

Need funds after job loss? Your life insurance policy may help you get it in an easy way

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

Date: 2020-05-27 / Source: Financial Express

Natural Calamity Insurance: Here is how to make insurance claim in case a natural calamity strikes

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.

Date: 2020-05-27 / Source: Financial Express

PMVVY scheme modified! Senior citizens can get Rs 18,500 per month pension for 10 years

In the Modified PMVVY, the interest rate will keep varying depending on the financial year in which the investment is made.

Date: 2020-05-27 / Source: Financial Express

Employees Provident Fund calculation: How much more you will take-home after PF rules change for COVID-19

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.

Date: 2020-05-25 / Source: Financial Express

RBI Home, Personal Loan EMI Moratorium: When should you avoid it and when to avail?

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.

Date: 2020-05-25 / Source: Financial Express

Lost job or fearing income loss? Know how insurance can help with cash in times of crisis

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

Date: 2020-05-24 / Source: Financial Express

Should you go ahead with your home-buying plans soon after the Covid-19 lockdown?

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.

Date: 2020-05-23 / Source: Financial Express

Impact of RBI’s announcements: 5 things for borrowers, depositors and businessmen to know

Here is how the new RBI steps will impact the common man including borrowers, depositors and businessmen.

Date: 2020-05-22 / Source: Financial Express

PMVVY Scheme: Modi govt extends Pradhan Mantri Vaya Vandana Yojana for senior citizens; check benefits

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.

Date: 2020-05-20 / Source: Financial Express

How pay-cuts and job losses will impact home buying for young and salaried

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.

Date: 2020-05-18 / Source: Financial Express

Insurance: Are you a retiree? Five tips for buying a health plan

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.

Date: 2020-05-18 / Source: Financial Express

5 reasons why you should buy long-term health insurance to secure your finances, health

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

Date: 2020-05-12 / Source: Financial Express

Covid-19 survival package: Cash crunch? Take loan against investments

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

Date: 2020-05-11 / Source: Financial Express

Why buying life, health insurance has become a necessity today

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.

Date: 2020-04-30 / Source: Financial Express

How to protect your data, money from rising online fraud during Covid-19 pandemic

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.

Date: 2020-04-30 / Source: Financial Express

To pay rent, or not? Tenant-landlord conflict in the time of Coronavirus legally explained

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.

Date: 2020-04-24 / Source: Financial Express

Corona Relief! Now pay health insurance premium in installments on renewal up to 31st March, 2021

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.

Date: 2020-04-22 / Source: Financial Express

Insurance post COVID-19: Lessons learnt and decisions to make for your personal safety

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.

Date: 2020-04-22 / Source: Financial Express

Struggling with credit card dues? These 5 ways can bail yourself out

Adopting these 5 ways can help manage your credit card dues, without incurring hefty finance charges.

Date: 2020-04-14 / Source: Financial Express

Online Fraud: Tips and best practices to secure your financial transactions

There has been an increase in the use of online tools and apps which brings with it a heightened risk of Cyber fraud.

Date: 2020-04-12 / Source: Financial Express

COVID-19 Insurance Plans: Know what insurers are offering

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

Date: 2020-04-12 / Source: Financial Express

Indian Railways passengers note! Railway Ministry issues clarification on resuming train services

No decision has been made on when passenger train services will be resumed on the Indian Railways network.

Date: 2020-04-09 / Source: Financial Express

How modifications in the Finance Bill 2020 will impact NRIs, POIs

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

Date: 2020-04-09 / Source: Financial Express

GST refund, income tax refund soon; FinMin gives immediate tax relief to lakhs of businesses, taxpayers

The government has decided to provide immediate tax relief to about 1 lakh businesses and 14 lakh taxpayers.

Date: 2020-04-08 / Source: Financial Express

Can a health insurance policy protect you from Coronavirus impact?

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.

Date: 2020-04-07 / Source: Financial Express

Should you pay your EMI or avail moratorium? Find out

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.

Date: 2020-04-02 / Source: Financial Express

Your home, personal, auto loans to be cheaper! RBI minimises Coronavirus impact with repo rate cut

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.

Date: 2020-03-27 / Source: Financial Express

Income Tax Return Filing: Last date for filing ITR for FY 2018-19 extended

The Finance Minister Nirmala Sitharaman in a press conference has announced that the last date for filing tax returns has been extended.

Date: 2020-03-24 / Source: Financial Express

PAN-Aadhaar Link Deadline Extended! PAN Card-Aadhaar Card linking now allowed till June 30

PAN-Aadhaar Link Deadline: The last date for PAN-Aadhaar linking has been extended

Date: 2020-03-24 / Source: Financial Express

Corona Relief: SBI to provide loan @ 7.25% p.a. to COVID-19 affected borrowers

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.

Date: 2020-03-23 / Source: Financial Express

Health Insurance: Know how a medical insurance claim is processed

Treatment expenses can be reimbursed by insurer or customer can opt for cashless facility

Date: 2020-03-23 / Source: Financial Express

COVID-19 outbreak: From today, bank branches only for essential services

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.

Date: 2020-03-23 / Source: Financial Express

Digital India: Risk of coronavirus on currency notes, ATMs make banks recommend digital transactions

The banks have started sending awareness messages to avoid visiting public places and the use of currency notes.

Date: 2020-03-23 / Source: Financial Express