BUSINESS
Term insurance premiums to rise from April: Lock into lower rates now
An increase of 10-20 percent is expected life insurance premiums. It may be cheaper to buy a cover now.
BUSINESS
Saral Jeevan Bima: Simple term insurance covers with expensive premiums
The IRDAI-mandated standard term insurance cover’s premiums are 25-100 percent costlier than regular term policies
BUSINESS
Cheaper home loans from SBI, Kotak Mahindra Bank: Switch lenders to benefit from lower interest rates
Home loan balance transfer can reduce the interest burden and knock EMIs off your repayment schedule
BUSINESS
Why traditional life insurance policies aren't great long-term investments
Despite offering tax-free and guaranteed returns, traditional insurance policies come with high exit costs and low covers.
BUSINESS
Buying a life insurance policy? Don’t go by the claim settlement ratio alone
For policies that come with larger sum-assured, the claim settlement ratio could be misleading.
BUSINESS
This tax-saving season, avoid these common investment mistakes
Buying unnecessary life insurance policies, borrowing to invest for saving on taxes, and mixing financial and tax planning are best avoided
BUSINESS
Does the tax on ULIPs reduce their edge over mutual funds?
Purely from an income-tax angle, ULIPs with premiums lower than Rs 2.5 lakh may work out better than mutual funds
BUSINESS
Despite Budget relaxation, taxpayers aged 75-plus may be better off filing I-T returns
Budget’s concession on tax return filing for senior citizens comes with too many strings attached and more clarity is awaited
BUSINESS
ULIP taxation: Limited clarity on key aspects after Budget announcement
Tax experts differ over the implications of early ULIP surrenders, debt fund options
BUSINESS
Tax on EPF interest: How will TDS be applied?
The income tax department has indicated that interest income from provident fund contributions over Rs 2.5 lakh will be taxed like fixed deposit interest
BUSINESS
Budget’s EPF tax googly: Should you rework your retirement strategy?
Interest earned on provident contributions of Rs 2.5 lakh in a year will now be taxed. Is it time to look for alternatives?
BUSINESS
Budget 2021: ULIP maturity proceeds not tax-free anymore
Union Budget 2021 has withdrawn tax-free maturity on fresh ULIPs if annual premiums exceed Rs 2.5 lakh
BUSINESS
Budget 2021: Turned 75? No need to file income tax returns from next year
The relief in compliance is available if you earn only pension and interest income
BUSINESS
Coming from April, IRDAI's standard Pension plan: Should you invest in it?
The insurance regulator has mandated yet another standard product, this time in the pension space. Find out if it deserves a place in your retirement portfolio.
BUSINESS
COVID-19 prompts Indians to scurry for life cover: Max Life Survey
Working women, millennials register faster growth in life insurance awareness
BUSINESS
How EPF changes over the years impact your retirement funds
Know how your EPF money is deployed, taxed and returned when you retire
BUSINESS
Voluntary Provident Fund: Here’s how you can increase your retirement corpus
Secure and tax-efficient, VPF can give a significant boost to your retirement corpus
BUSINESS
5 last-minute tax saving questions answered
Making tax-saver investments in the last minute is bound to give rise to dilemmas. Know how to resolve them
BUSINESS
IRDAI asks insurers to settle claims as per cashless agreements with hospitals, policy terms
Insurers can take GI Council and state government-prescribed rates into account while entering into cashless agreements with hospitals
BUSINESS
Unhappy with your health insurance policy? Here’s how you can port your cover without losing benefits
Health insurance policy portability allows waiver of pre-existing illnesses waiting period. But senior citizens find it tough to switch policies
BUSINESS
Coming in April, a new standard home insurance policy: Should you buy it?
The insurance regulator IRDAI has now mandated a standard cover to protect your house's structure and contents
BUSINESS
Why the existing tax system with deductions still scores over the new regime
Financial planners advise individual tax-payers to stick to the existing, with-tax-concessions system instead of switching to the new tax regime introduced in Union Budget 2020
BUSINESS
Coming in April, a standard travel insurance cover: Should you opt for it?
IRDAI’s travel insurance policy with uniform features and clauses will have to be offered by all general insurers
BUSINESS
Should you take a health insurance policy that comes with a co-pay clause?
Co-pay ratio in health insurance policies can lower your premiums, but also add to your out-of-pocket expense
