LIC Plans are one of the most popular investment options in the name of saving tax. Every year LIC comes out with NEW insurance plans especially in the month of December to March for tax savers. But have you ever evaluated if these LIC plans are worthy investment especially for tax saving? We evaluate these …
LIC Plans Launched In 2017 & Should You Invest For Tax Saving? Read More »
Government has made mandatory for insurance policy holders to link their Aadhaar to their life insurance policies. The deadline to link Aadhaar has been extended to March 31, 2018. In case Supreme Court does not extend the deadlines further or nullify the order, you may face difficulties when the policy matures or when the nominees …
Credit card users are pretty clear about their credit history and payments. To analyse their performance, the credit card processing companies release an updated credit report every 3 months. A credit report is used by lenders in a lot of areas. Having a credit card and a good credit report helps the user a lot …
Railways is one of the oldest modes of travel in India, and every day millions of people travel through trains across the country. There are several travel-based credit cards in the country, and for individuals who regularly travel via trains, they can opt for an IRCTC co-branded credit card. One of the top banks in …
IRCTC BoB RuPay Credit Card vs IRCTC SBI Platinum Credit Card Read More »
Debts are inevitable if you are not responsible enough to take care of the repayments. Be it with credit cards or with any other financial aid, you ought to return the amount regularly. This can happen due to irresponsibility and not just a huge debt but you also end up getting your Credit score taken …
IDFC First Bank launched the First Private credit card last year and it is the most premium offering by the bank. It is an invite-only card and not everyone can apply for it. Also, it is exclusively for high net-worth individuals and charges a very high joining fee of Rs. 50,000 plus taxes. You get …
IDFC First Private Credit Card vs HDFC Infinia Credit Card Read More »
You might have heard stories where a serious medical condition in a family has drained them of their wealth. These are not just stories but can happen to anyone. To guard against such issues – you must buy Health Insurance. The good part is you also get tax benefit on premium paid for Health insurance. In …
Making Sense Of Tax Benefit On Health Insurance – 80D Section Of Income Tax Read More »
Here are the returns of debt funds in recent years… One look at this table tells us that the past returns are not great! And with the recent change in taxation of debt funds, the indexation benefits are also gone. Does it make sense to invest in debt funds now? Why are the past …
Do not put all your eggs in one basket. ~ Warren Buffet The one thing that the COVID-19 pandemic has taught everyone is that HEALTH IS WEALTH. Health is not simply the absence of disease, though it is the necessary condition, it is a holistic approach towards life and a state of overall well-being… With …
NSC (National Saving Certificate) is popular tax saving investment under section 80C. It has maturity of 5 years and is guaranteed by Government of India. Additionally, the interest earned every year on NSC is also eligible for tax deduction u/s 80C. We have designed a simple excel based NSC calculator where you can input the …
NSC Calculator 2020 ★ Tax Benefit On Interest Earned Read More »