It’s been a year since the tax advantage for high-premium traditional life insurance policies ceased to…
Tag: life insurance policies
How life insurance policies still take advantage of tax loopholes
The Central Board of Direct Taxes (CBDT) had issued a notification in August 2023, inserting a…
What are participating life insurance plans and their advantages?
Q. I’m a 30-year-old working professional and want to invest in life insurance policies. I have…
How insurance bought under the MWP Act can help protect your wife
Being the man of the house, you would want the best for your wife and children.…
Which type of insurance policy should I buy for better coverage?
I have two endowment life insurance policies. One offers me a sum assured of ₹1 lakh…
How can I diversify my portfolio by investing in international markets?
Q1. I’m Ayesha, and I’m interested in diversifying my portfolio by investing in international markets. What…
How financial planning helps you deal with bereavement
However, Tiwari, who came into a large sum of money soon after, was unsure of how…
Is your life insurance premium above Rs 5 lakh? Check new tax rules
Image Source : PEXELS A Woman Holding a tax document The Income Tax Department on Wednesday…
How are life insurance policies taxed?
In very simple words, life insurance is a contract that you enter into with an insurance…
ITR Filing: These tax benefits are available on life insurance policies
Income Tax Return Filing: The last date for filing ITR for the assessment year 2022-23 is…