New PPF rules effective today streamline account management for minors, multiple account holders, and NRIs, impacting interest rates and regulations.
The Reserve Bank of India (RBI) on Friday decided to withdraw Rs 2,000 denomination banknotes from circulation. The central bank said that all Rs 2,000 currency notes must be exchanged before September 30, 2023.
Family Floater Health Insurance plans work on the same principle as that of individual Health Insurance plans but extend their coverage to all family members.
Automatic restoration, Cumulative bonuses, Annual health check-ups, Wellness discounts, Renewal discounts, Second medical opinions etc., are some more benefits offered by many Health Insurance Industries.
Health Insurance, often known as medical insurance, covers medical expenses that arise due to an illness, injury and/or accident.
Helping children learn about financial planning can be a blessing to them as they grow up. Here are a few tips for parents to teach children about financial planning.
The biggest dilemma for first-time investors has always been the choice between life insurance and health insurance. Which one is more important? What should they choose? Read here.
Life insurance is a boon that helps an individual's family cope financially in case something happens to them, especially if they are the family's sole breadwinners. An adequate life cover not only helps with the day to day expenses of the family of the deceased, but also long-term goals such as education and marriage.
It was earlier reported that the government would only consider raising income tax deductions under certain sections of the Income Tax Act. However, a fresh report suggests that the government is likely to increase personal income tax exemption threshold.
Some people said they want the new finance minister to further increase the basic exemption limit from Rs 2.50 lakh to Rs 5 lakh. A few others want the government to increase income tax deduction under Section 80C of the Income Tax Act.
The number of tax deduction limits have been increased under income tax rules that will be effective from the financial year 2019-20 or (the accounting year 2020-21). The low and middle-income group will be the biggest beneficiaries of the new tax rules.
It is not just the poorer section of the society that finds it hard to save money but a whole bunch of the urban population struggles to save money on a monthly basis.
Withdrawing PF fully or partially involves a number of rules that need to be followed. Here are some important points
Banks are sending messages to every account holder asking them to upgrade their debit and credit cards. You too must have got one such message. But there are chances that you might have ignored the message taking it for a spam. Check the message once again, it is not a spam. This one is a useful message from the bank you have deposited your money with.
PAN (Permanent Account number) is a 10-character alphanumeric code issued by the Income Tax department to identify a tax payer, whether an individual, Hindu undivided family (HUF), a company, firm or an association of persons. The PAN card is issued under the provisions of section 139A of the Income Tax Act, 1961.
Too many imperil their sunset years by not planning for it. It takes more than a wing and a prayer.
Mumbai, Dec 19 (PTI) State-owned Life Insurance Corporation (LIC) today launched LICs Jeevan Shiromani, a non-linked, with profit, limited premium payment money back life insurance plan especially designed for the high net-worth individuals segment.
"Unless a finding is made that Aadhaar is constitutionally not valid, tax return filers will need to link their PAN with Aadhaar by August 31, 2017," says a CBDT press release dated July 31, 2017.
