BUSINESS
Why higher premiums should not stop smokers from buying term insurance covers
Given the alarmingly high mortality rate amongst smokers, life insurers charge substantially high insurance premiums
BUSINESS
Coming soon, a standard personal accident insurance policy: Should you buy it?
The proposed standard insurance product will have to be mandatorily offered by all general and health insurers from April 1, 2021
BUSINESS
Facing a massive hike in health insurance premiums? Here’s what you can do
Despite IRDAI’s clarifications, policyholders continue to suffer as insurers hike health cover premiums citing high claims
BUSINESS
The dos and don’ts of income-tax return filing
While filing your tax returns, entering accurate bank details and e-verifying once you are done can help avoid complications later
BUSINESS
An easy-to-use guide to filing your income tax returns
Filing your income-tax returns through the government’s e-filing portal is easy. Make sure you have all your documents ready
BUSINESS
The new Saral Jeevan Bima standard term insurance plan: Should you buy?
In a bid to offer simple products, the insurance regulator has mandated a standardised term insurance plan
BUSINESS
Decoding FM’s LTC Cash Voucher scheme: Should you opt for it?
While opting for the LTC scheme, you must not end up overspending unnecessarily
BUSINESS
Compound interest set to be waived off? SC seeks implementation details
With the Supreme Court seeking details of the compound interest waiver action plan, it is likely that the ‘interest on interest’ during the six month loan moratorium period could be waived off
BUSINESS
Missed claiming tax deductions in investment declarations? Do it while filing returns
So long as you make your tax-saving investments or incur certain expenses within March 31 (July 31 this year), you are still allowed tax deductions
BUSINESS
Festive demand booster: Encash your LTC and spend it on goods
To improve demand in the upcoming festive season, the finance minister announced additional leave travel allowance benefits to be used before March 31, 2021. But many clarifications are awaited
BUSINESS
Confused over scrip-wise disclosure of gains in tax returns? Here’s help
Brace yourself for a tedious process while disclosing LTCG in your income tax return forms
BUSINESS
How video KYC can simplify online buying of insurance policies
IRDAI has allowed insurers and intermediaries to issue policies online. Know how the process will work
BUSINESS
Need the cash and have untapped talent? Try for extra work outside your regular day job
An additional source of income, provided your firm allows you to earn it, can help relieve financial and emotional stress
BUSINESS
More pension fund managers by December, expense ratio to be relooked: PFRDA
At present, there are seven fund managers and the expense ratio is among the lowest in the world
BUSINESS
Insurers are now setting aside additional provisions for the impact of COVID-19: Sunil Sharma
For younger lives or lives without any co-morbidities, there may not be any changes in underwriting
BUSINESS
Personal Finance | Flying abroad to study during COVID times? Get adequate travel cover first
Your domestic health insurance policy will not work abroad
BUSINESS
EPFO’s 8.5% pay-out: Clarity awaited on whether it would be a single instalment
Of the total pay-out, 8.15 per cent will be met from debt income; balance linked to redemption of equity investments
BUSINESS
Painful lessons from Air India employee insurance benefits. Why you need your own health policy
Employers' group covers cease to exist when you switch jobs, or like in Air India’s case, when the firm gets privatised or acquired. The benefits might either vanish or watered down. Whereas an independent health insurance policy is ordinarily renewable for life
BUSINESS
Have more than one health cover? Here’s how you must file claims
You can claim hospital expenses through multiple insurance policies if individual covers, on their own, are inadequate
BUSINESS
The average COVID-19 claim size has started decreasing with time: New India Assurance
We have extended cashless facilities to over 90 per cent of the cases so far
BUSINESS
COVID-19 effect: Insurers reluctantly offer medical cover to healthcare professionals
The regulator has sternly asked insurers not to discriminate against medical professionals while processing insurance proposals
BUSINESS
Failed to verify your e-returns in the past? You can do so by September 30
You can complete the process online or by sending the signed copy to I-T department’s centralised processing centre in Bengaluru
BUSINESS
Action against hospitals not offering cashless claims for COVID treatment: Insurance Ombudsman
Insurers should proactively communicate with hospitals in advance to resolve any issues
BUSINESS
Does covering pre-existing ailments make Corona Kavach and Rakshak must-haves?
These new products will certainly be useful for those without cover and for senior citizens
