Life is an unpredictable journey. It can take sharp, fatal turn at moments, which are capable of leaving one physically, mentally, emotionally and financially bruised. Many of us ignore buying a life insurance plan with adequate insurance cover. You may currently have a life insurance policy, but, you need to evaluate yourself if the existing […]
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Rebate under Section 87A AY 2021-22 | Is Sec 87A Tax Rebate Available under New Tax Regime?
As per the Finance Bill 2019, the threshold limit of tax rebate u/s 87A was revised to Rs 12,500 for FY 2019-20. This tax rebate has been made applicable if an individual’s (Resident Individuals including Senior Citizens) taxable income is less than or equal to Rs 5 Lakhs. The Finance Bill 2020 (FY 2020-21) has […]
Latest Post Office Small Saving Schemes Interest rates Jan – Mar 2021 | Q4 of FY 2020-21
The Reserve Bank of India (RBI) has been cutting the key policy rates to mitigate Covid-19 impact. Also, most of the banks and financial institutions have already been reducing the interest rates on their deposits schemes. So, as widely anticipated, the central Govt had announced a steep cut in the interest rates on small savings […]
LIC New Plans 2020 – 2021 List | Features, Snapshot & Review of all the Plans
LIC has launched 4 new plans in the calendar year 2020 (till Dec 2020). In this post I have tried to list down the important features, details and my recommendations on all LIC New Plans that are launched in 2020-21. From January 2020 to till-date (8th Dec, 2020), LIC has launched two ULIP Insurance plans and two Pension plans. […]
Am I supposed to pay Tax on Forex transactions? | TCS on Foreign Remittances
Am I supposed to pay tax on my Forex transaction? What is the maximum permissible limit of the amount in Foreign Remittances? Am I required to report all my transactions to RBI?…. All these are the common questions that come to every individual who is involved in a foreign exchange transaction. To answer these questions, […]
How to order Aadhaar PVC Card online? | Aadhaar Smart Card
“Order Aadhaar Card” is a new service launched by UIDAI which facilitates the Aadhaar holder to get their Aadhaar details printed on PVC card by paying nominal charges. Currently, Aadhaar letter is being issued as a laminated paper document to the residents after enrollment (or) update. In case, you would like to get the Aadhaar number printed […]
