Last-Minute Tax Planning: Choosing the Right Life Insurance Policy

As the current fiscal year draws to a close, we all focus on reviewing our tax-saving…

Opted for old tax regime? Explore the last-minute income tax saving options

Effective income tax savings can be achieved by strategically utilising various avenues, provided they are planned…

Why senior citizens require deductibles in health plans

Bhopal-based Arohi Pathak’s 61-year-old mother bought an individual health insurance policy a year ago from a…

New Tax Regime: Should one continue to invest in tax saving instruments?

Finance Minister Nirmala Sitharaman introduced an alternate new tax regime in Union Budget 2020-21 which provided…

Budget 2024: ICRA predicts these changes for markets, mutual funds and taxation

ICRA Analytics anticipates several potential changes in the upcoming Interim Union Budget for the fiscal year…

How To Calculate Income From Life Insurance Where Premium Exceeds Rs 5 Lakh, CBDT Explains

For premiums beyond a limit, proceeds will be added to income and taxed at applicable rates…

Joint Life Insurance: Why Should Couples Consider It?

Image source: Freepik Joint Life Insurance: Why Should Couples Consider It? Couples often prioritize securing their…

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…

Group continues to single premium life insurance in May, LIC outperforms

First year premium of life insurance increased Nearly double from Rs 24,480 crore in May 2022…

Budget 2022: Will LIC premium be cheaper? Higher deduction on life insurance above 80C?

The salaried middle class taxpayers are expecting a ‘populist’ budget in 2022 from Finance Minister Nirmala…