A very high percentage of Indian household savings are being invested in Bank Deposits. For most of the investors safety of capital and guaranteed investment returns are the top most priorities. In recent years, investors have started taking a hard look at Best Company Fixed Deposits too. The Company FDs are similar to Bank FDs. […]
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Pradhan Mantri Laghu Vyapari Maan-dhan Yojana 2019 : Govt Pension Scheme for Small Traders | Features & Details
India has a rich tradition of trade and commerce. Our traders continue to make a strong contribution to India’s economic growth. In a decision that will benefit the trading community, the Union Cabinet, chaired by Prime Minister Shri Narendra Modi has recently approved a new scheme called ‘Pradhan Mantri Laghu Vyapari Maan-dhan Yojana‘ that offers […]
Latest NRI Gift Tax Rules 2019-20 | Gifts to NRIs can be Taxable now!
Gifts, who would not like to receive them? Gift is something we all like to receive from our beloved ones. But, a very common and frequent question running in the mind of taxpayers is the tax implications of gifts in India. What is considered as a Gift under Income Tax Act? A gift is Money or […]
Is Rs 1.5 lakh additional Home Loan Tax Deduction really beneficial? | New Section 80EEA
In the latest Union Budget an additional Income Tax deduction of Rs 1.5 lakh on affordable home loans has been announced. A new Section 80EEA will be introduced under the IT Act. As per the proposal, income tax payers will get maximum tax benefit of Rs 3.5 lakh on home loans of up to Rs […]
LIC Jeevan Amar Plan : New Offline Term Life Insurance Plan | Details & Review
As per the latest news, LIC is proposing to launch its new offline Term Life Insurance plan called as ‘LIC Tech- Term Plan’ (Plan no 855). Latest update : LIC launches Jeevan Amar Plan w.e.f 06-August-2019 LIC already has been offering different types of Term insurance plans in its term plan product catalogue; LIC e-Term. Amulya […]
LIC Tech Term Plan : New Online Term Life Insurance Plan | Details & Review
As per the latest news, LIC is proposing to launch its new Online Term Life Insurance plan called as ‘LIC Tech Term Plan’ (Plan no 854). LIC already has been offering different types of Term insurance plans in its term plan product catalogue; LIC e-Term. Amulya Jeevan – II. LIC Anmol Jeevan – II. Bhagya Lakshmi. LIC New […]