Recognising the need for term insurance plan will not only create awareness for it and make people realise its importance but also make them buy adequate protection.
If you opt for the perpetual SIP option, your investments will continue for your lifetime. To stop it, you need to inform the AMC by filing up a closure form.
Budget 2018 is upon us and like every year investors and savers are hoping for some good news from the finance minister. In an interview to Surabhi Upadhyay of CNBC-TV18, Mayur Shah, Executive Director - Tax and Regulatory Services at EY, Ashish Shanker Head - Investment Advisory of Motilal Oswal Private Wealth Management, and Yashish Dahiya, Co-Founder and CEO of Policybazaar discussed what will the Budget mean, for investments.
Too much trading activity ahead of Budget may not only erode your wealth but also take away your peace of mind.
It is required that the deduction under section 80C be simplified and the limits be revised significantly.
As term insurance is the most cost effective way to cover 10–15 times of one’s annual income, a separate section for term insurance beyond the Section 80C limit would incentivise people to buy term insurance policies and get adequate life cover in the process.
One of the aims of demonetisation was to increase the formalization of the economy and bring more Indians into the income tax net
A pan-India study on the pattern of investment and saving slowdowns has revealed that the investment slowdowns have an impact on growth but not necessarily saving
Before we understand how to file a claim post a fire incident, it is essential to understand the policy document and read its fine print.
While the purpose and benefits of purchasing a ULIP are known to most people, the choice of investing in the right kind of ULIP is still a matter of concern as most people are unaware of the factors they must take into consideration while buying the plan.
This week, the largest private general insurer ICICI Lombard General Insurance launched a health insurance app ‘IL TakeCare’ in collaboration with Practo. This solution covers Outpatient (OPD) expenses of all its customers.
It is time to focus on one’s portfolio than the market movements.
As investors, we should be guided by prudent allocation between the two asset classes.
Like always, tax payers this year as well expect sops from the budget on various aspects.
Parity between NPS and pension exemption limits, as also exemption parity between annuity maturity proceeds and PF withdrawals is something that should be considered, says expert.
It is that time of the year when many of you would be getting reminders from your office to submit investment proofs. Well last few months to go to plan your taxes and ensure you take advantage of all the deductions available to you.
‘Roll-over’ tax saving investments effectively lead to minimal incremental investments.
A basic principle of investing is that you should gradually reduce your portfolio risk as you grow older.
Several robust tax measures and following tax arrangements are expected from this Budget.
There may be an increase in the ceiling of deduction under Section 80C from the existing Rs 1,50,000 to Rs 2,00,000.
The terms of LTA are defined in section 10(5), Rule 2B of the Income Tax Act 1961.
In 2018 “Housing for all” will be the top agenda of the government.
In an overcrowded 80C limit of Rs 1.5 Lakh, life insurance seems to be struggling for space, experts say.
To make your vacation worry free plan out your expenses much ahead.
The earlier you start investing, the greater effect compounding will have on your investments.