Investment Insurance News
Section 80CCD of the ITR
: Investments in the National Pension System (NPS) and the Atal Pension Yojana (APY) are tax deductible under Section 80CCD of the Income Tax Act of 1961. A person may deduct a maximum of 2 lahks from...
Income Tax Filing For Freelancers
A freelancer is required to file an income tax return under the Income Tax Act of 1961, just like a salaried employee. However, the procedure for submitting an income tax return varies in each situati...
Difference Between Tax Exemption, Tax Rebate and Deduction
The items that can be claimed from the entire tax payable are known as income tax rebates. It is crucial to understand that a rebate is claimed from the tax payable; however, tax exemptions and tax de...
Tips to Claim HRA Exemption When Filing Tax Return
You can easily claim tax exemption on the House Rent Allowance that is provided to you by your employer. Read on to understand some tips to claim HRA exemption when filing your income tax return.
Difference between NPS and PPF
The two popular investment options for retirement NPS and PPF are different from each other in certain ways. Read on to explore the differences between NPS and PPF.
Tax Saving on Gifts
In India, almost all of us give gifts to each other to express our love towards them. As per the Gifts Tax Act, you can also enjoy tax savings on gifts. Read on to know all about tax saving on gifts.
All About Gratuity
Gratuity refers to a lump sum financial component that an employer pays to its employees to acknowledge their services. According to the Payment of Gratuity Act of 1972, any individual who serves the ...
Tax Saving Options for Senior Citizens
There are a number of tax-saving options available for senior citizens such as the Senior Citizen Savings Scheme, National Pension Scheme, National Savings Certificate, and more. Read on to know more ...
Tips to save income tax on home loan
If you are planning to buy a house and have applied for home loans, then understand that there are certain tax benefits available on the home loan. Read further to know all about the tips to save inco...
Difference between TDS and TCS
Tax Deducted at Source (TDS) or Tax Collected at Source (TCS) are collected under indirect taxes. However, the two are largely different from each other. Read on the know the difference between TDS an...
Budget 2023 Highlights
In the section below, read on to know all about budget 2023 and its key highlights in the insurance industry.
What is investment?
In today’s time, the best way to grow your wealth is through investment. Some of the popular investment options are ULIP, PPF, NPS, and more. Read on to know more about the different aspects of invest...
The Golden Rule For Investing in The Year 2023
You should keep a few factors in mind when creating your investing strategy. Find out the best ways to invest money for the future in 2023 along with the golden rules for investing money in 2023.
Top 10 investment options in India
There are a number of investment options such as ULIPs, Bank Fixed deposits, etc, which makes it confusing to pick the desired investment option. Read on to know more about the best investment options...
Reasons to invest in digital gold
Gold investment can be done by either buying physical gold or even through digital gold options. With time, most things have become digitized and so is the gold investment. Read on to know some of the...
Difference Between Fixed Deposits And Recurring Deposits
There are certain differences between fixed deposit and recurring deposits as fixed deposit payment is made in one go, unlike recurring deposits where payment is done at regular intervals. Read on to ...
Top Tax Saving Investment Options Under 80C
There are a number of options available in which you save tax under section 80C of the Income Tax Act. Read on to explore the different options available.
What Are Guaranteed Returns and How Do They Work?
Guaranteed return plans are monthly income programs offered by financial institutions that are non-participating in nature. In these life insurance plans, the policyholder pays a yearly premium throug...
Tips To Save Tax With ULIPs
ULIPs provide the dual benefits of investment and life insurance cover, along with tax-saving benefits to the policyholders. Understand why ULIPs are good for tax-savings.
What is the power of compounding?
The power of compounding is the process by which a corpus of wealth is created on an investment by adding interest at every compounding interval. It works on both the initial principal amount and accr...