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    InfIation Calculator: How quickly will inflation double your monthly expenses?

    If you’re not paying attention to inflation while investing, it could seriously impact your savings. That’s why it’s so important to consider inflation when you’re planning your investments.

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    Term Vs whole life insurance – Which should you choose? Know the key differences

    Term insurance is a straightforward life insurance policy that provides coverage for a specific period, or 'term'; if the insured person passes away during this period, the policy's beneficiaries receive a death benefit.

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    Navratri Special: 9 life insurance myths debunked and tips to secure your financial future

    Let’s debunk nine common life insurance myths and offer some valuable personal finance tips to secure your financial future this festive season.

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    Retirement savings: What will be the value of Rs 5 crore after 25 years?

    A common mistake is assuming that the value of retirement savings will remain constant over time. For example, a ₹5 crore corpus today will lose significant purchasing power over 25 or 30 years due to inflation.

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    LIC of India launches new insurance plans – Check benefits, eligibility, other details

    The insurance plans were launched on Monday by LIC CEO and MD Siddhartha Mohanty and will be available both available offline and online.

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    ITR Filing: What is Updated Return? Who is not eligible to file an updated return? Check late fees, penalty

    Any individual may submit an updated return, with certain exceptions, irrespective of whether they have previously filed an original, late, or amended return for the applicable assessment year.

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    ITR Filing Date 2024 Live Updates: Income tax return deadline to be extended beyond July 31? What we know so far

    ITR Filing Date 2024 Live Updates: The income tax return deadline might be extended beyond July 31. Fresh updates from Income Tax Department on ITR deadline extension! What we know so far about the current status and when to expect refunds after e-verification and processing of income tax return.

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    Top 10 expectations of individual taxpayers which Budget 2024 needs to fulfill

    Taxpayers eagerly await budget announcements that will increase their disposable income. Here are a few of the main anticipations that taxpayers have for Budget 2024.

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    ITR Filing Penalty After Due Date: Late fee for delayed filing of income tax return, last date, fees and more

    ITR Filing 2024: Penalty amount for filing income tax return after due date will be imposed. Taxpayers need to be alert as the deadline to file ITR is approaching fast.

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    ITR Filing: Risks of sharing your sensitive financial details with an income tax filer

    It is crucial to remember that your financial information holds significant value, encompassing all your investments and earnings for the year. Here are several important considerations to bear in mind before disclosing your ITR details.

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    Union Budget 2024: Why Standard Deduction limit needs to be increased to Rs 100,000!

    The existing standard deduction of Rs 50,000 is considered inadequate to address the rising expenses linked to the increased cost of living and, therefore, it is imperative to raise the limit of this deduction.

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    Attention Taxpayers! Income Tax Department warns against false claims in income tax returns

    The Income Tax Department has issued a strong advisory to taxpayers, advising them against submitting income tax returns with inaccurate claims for exemptions and deductions.

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    Best practices to keep your money safe from fraudsters

    Regularly monitoring your financial records and staying alert for any suspicious activities is crucial for early fraud detection.

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    How to file ITR online – Steps for e-filing income tax return

    In order to file a tax return online, you can access the new income tax portal logging in with PAN-based credentials and following certain steps that simplify tax filing process.

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    Income Tax Return: How to choose correct ITR form for tax filing

    There are 7 ITR forms the Income Tax Department has notified, and often, taxpayers get confused which ITR form is applicable to them.

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    ITR Filing: Minute details of furnishing an error free Income Tax Return

    Taxpayers required to file their income tax return should take into consideration the following.

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    Modi 3.0: 80C Deduction benefits to be extended to new tax regime in Budget 2024?

    Currently, the benefit of section 80C is not available under the default (new) tax regime and it would be expected that this benefit be extended to even the default tax regime.

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    Budget 2024: Big tax relief for middle-class in the offing? Section 80C, 80D deduction limits may be hiked to …

    After the new government formation, the focus is now shifted to the Union Budget 2024-25. Taxpayers are hopeful that the Modi government will give them a tax relief in the upcoming budget. Experts too are of the view that FM Sitharaman would at least make some revision in deduction limits under Section 80C and 80D.

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    Income Tax Return: How to get maximum tax refunds on filing ITR | Check out these 5 ways!

    Every taxpayer should make an effort to mitigate their tax liability by claiming all the available deductions and exemptions at the time of furnishing their tax returns. However, such deduction/ exemption amount should be correctly computed after considering the tax regime, residential status etc.

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    What happens to your property if you die without a will?

    Under Section 30 of the Indian Succession Act, if someone dies intestate, the court may issue a notice to invite claims over the property left behind after the death certificate is issued.

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    Retirement Planning: How insurance can contribute towards building a robust retirement fund

    With a comprehensive financial retirement plan, it is easy to tide over apprehensions of exhausting the corpus that may have been built during the work years.

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    How term insurance ownership lays the foundation of financial empowerment for women

    By working together, insurers, regulators, and stakeholders can further create a more inclusive and equitable insurance ecosystem that empowers women to protect themselves and their families effectively.

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    7 tips to choose the best term insurance plan

    Having insurance coverage is crucial for managing a health emergency, but it’s equally important to maintain financial stability when faced with a health crisis. Often there are many confusions and doubts when you purchase a term insurance plan, but these can be addressed if you carefully assess your requirements

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    NRI? Here’s how you can save tax on health insurance with GST refund!

    To qualify for GST refunds on health insurance, the proposer must be a Non-Resident Indian.

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    A comprehensive guide to reimbursement claims in health insurance

    Understanding the reimbursement process and adhering to the necessary steps and documentation requirements is essential for a smooth and successful reimbursement claim experience.

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    YOUR MONEY: Assess the kind of health cover your parents need

    Check for exclusions, deductibles & limitations in the insurance policies

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    Health Insurance: Riders add heft to your health plans

    Buy these add-ons early in life to get higher and wider coverage

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    YOUR MONEY: Calculate how much life insurance cover you need

    Upgrade your policies as you move from one life stage to another.

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    LIC Jeevan Kiran (Plan 870): New Term Insurance Plan – Check Minimum Premium, Eligibility, Benefits

    LIC Jeevan Kiran (Plan 870): The Life Insurance Corporation of India (LIC) has launched a new plan named Jeevan Kiran.

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    Decoding the difference between Term Insurance and Life Insurance

    Let’s understand differences between Term Insurance and Life Insurance, enabling you to make the right decision when choosing the coverage for your specific needs.

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    80% consumers rely on personal recommendations for purchasing insurance: Study

    Personal recommendation from friends and family or a known agent is the top trigger for insurance consideration for approx. 80% of the respondents.

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    Your Money: Get a loan against your life insurance policy

    Life insurance helps to safeguard individuals and their family against financial risks because of untimely death. Life insurance policies can also be pledged to avail loans during any financial emergency.

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    LIC Dhan Vridhhi (Plan 869): Premium Calculation, Benefits, Eligibility – All Details

    LIC Dhan Vridhhi (Plan 869): The Life Insurance Corporation (LIC) of India has launched a new close-ended plan – LIC’s Dhan Vridhhi plan. Check key details

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    Health insurance: A critical illness plan is a must buy

    Individuals with a family history of diseases such as cancer or coronary artery bypass should opt for adequate critical illness cover. While a comprehensive health insurance policy provides coverage for expenses like hospitalisation, a critical illness policy will provide a lump sum benefit upon diagnosis of a covered critical illness, regardless of medical expenses.

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    HEALTH INSURANCE: Think before opting for deductible

    If policyholders have higher income and can afford higher medical expenses, they can go for a higher deductible amount to lower the total premium payout.

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    Three important things you must check before buying health insurance

    Don’t just go for the policy with the lowest premium. Conditions could apply, and you could end up spending a lot more than you saved on the premium.

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    How much money is ‘ideal’ for retiring with the same lifestyle? Survey finds

    Most individuals are cognizant of the need to factor in inflation and rising medical expenses while planning for their life’s new chapter.

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    Health Insurance: Get discount on premium for multi-year health policy

    The policyholder can claim tax benefit of up to `25,000 under Section 80D for self, spouse and children year on year for the entire tenure of the policy.

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    Things to keep in mind while purchasing life insurance after 40 years of age

    Life insurance helps safeguard one’s family and oneself against two types of financial risks – untimely death and old age.

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    Your money: Buying insurance? Don’t chase returns, maximise risk cover

    Acquaintances often request me to suggest life insurance products that can fetch high returns. Occasionally, they are subjected to product presentations by insurance advisors, showing returns that make them thrilled but also make them circumspect on whether the insurance products can really earn such high returns.

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    LIC Jeevan Azad (Plan No. 868): New LIC policy for Rs 5 lakh cover and other benefits

    The Life Insurance Corporation (LIC) of India has launched Jeevan Azad (Plan No. 868), which is a new plan aimed at individual savings and life insurance. As per LIC, the plan offers an attractive combination of protection and savings.

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    Covering Senior Citizen parents with Office Group Medical Insurance only could be disastrous – Here’s why

    Group medical cover (GMC) covers the employee and their dependents such as the spouse and children and in certain cases, parents are also covered.

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    What is the right age to purchase a health insurance policy?

    As young people are more healthy compared to the older people and have lower risks of getting ill, their participation helps in reducing the health insurance premium and make it more affordable for everyone.

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    No-Claim Bonus: Importance of NCB in health insurance

    There are two primary kinds of No-Claim Bonuses that you can take advantage of in a health insurance policy.

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    The complete checklist for buying Life Insurance in 2023

    Life insurance is the fastest and easiest way to ensure that your family remains financially protected. It can clear debts, pay for a child’s education, bear medical expenses, and secure the business and assets of a family.

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    Should I opt for health top-ups in my 40s?

    Your health insurance premium increases, especially if the sum covered is large and you have certain medical conditions.

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    Life insurance: Lapsed policy? Beware of hoax calls

    It is better to revive a lapsed policy rather than buying a new one

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    Health insurance: Take OPD cover in your planHealth insurance: Take OPD cover in your plan

    Optimise your policy with cashless OPD & restoration benefits.

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    Income Tax Return filing by salaried employees: 5 common problems and their solutions explained

    The Income Tax rules have several provisions through which employees can reduce their overall tax outgo.

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    Health Insurance for Senior citizens: Check these conditions before applying

    Having a comprehensive health insurance becomes absolutely necessary in old age to cover the increase in expenditure on medical treatment and to cope with the high rate of inflation in the healthcare sector.

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    5 reasons why you must consider both mental and physical health cover

    Physical illnesses may have tangible and evident symptoms, but most mental concerns go unnoticed or ignored.

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    Gift yourself financial security & prosperity this Diwali by opting for Guaranteed Products

    This Diwali, rather than getting into a spendthrift mode, invest in your future and make a long lasting choice of being invested in a Guaranteed Life Insurance Plan.

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    LIC Dhan Varsha (Plan No. 866) Details: Premium, Maturity, Benefits, Last Date, Eligibility

    LIC Dhan Varsha (Plan No. 866) Scheme Details – Features, Benefits, Maturity, Minimum and Maximum Premium – Life Insurance Corporation recently launched the Dhan Varsha scheme.

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    Why should you get your health insurance reviewed?

    A Complete Health Insurance Portfolio Review is the need of the hour amidst the uncertainties we continuously experience.

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    What are the differences between participating and non-participating life insurance policies?

    While there is a relatively better understanding now regarding term insurance policies, the wealth accumulation products can be a bit confusing for the new customers.

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    How does life insurance claim settlement work in India?

    While the policyholder completes his part of the commitment by paying due premiums; fulfilment of the promise from the insurer’s side is completed by payment of the rightful claims.

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    What is life insurance underwriting and how is it done? Here’s what buyers need to know

    Life Insurance Underwriting is the process by which life insurance companies determine a customer’s eligibility for a particular policy.

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    Is your insurance policy safeguarded under MWP Act?

    The MWP Act is a provision that protects the insurance money from creditors, banks and government agencies.

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    Why do health insurance claims get partly paid or rejected

    There are several grounds on the basis of which your health insurance claim can lead you straight to rejection or partial settlement.

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    What is zero dep insurance and how it differs from comprehensive car insurance?

    If you hold a car cover with Zero-Dep benefit, then at the time of a claim, the full IDV can be claimed without deduction for depreciation and damaged parts.

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    Top insurance mistakes that may hit your finances hard

    Taking an adequate insurance cover before you start your investment journey is like laying a proper foundation before constructing a building.

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    Life and Health Cover: How much coverage should one buy and factors to consider while purchasing insurance

    Factors like age, financial assets, liabilities, annual income, lifestyle and expenses of the dependents are some of the factors which make one decide the required life cover.

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    Misfueling cover in India: Damaged car or bike engine after using wrong fuel? Will motor insurance help?

    Using wrong fuel in a vehicle can cause some serious damage to its engine. However, motor insurance policies do not provide any protection against such act of negligence. 

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    Insurance cover: Why you need to buy home insurance

    Review your home insurance requirement every year so that your home does not remain underinsured following an enhancement in the value of your home

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    Mother’s Day 2022: How health insurance needs evolve for mothers at every stage of life

    A sound financial plan for mothers has to take cognizance of their evolving needs as they go through different stages of motherhood, right from pregnancy to their old age.

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    Why you must opt for comprehensive health cover over and above your corporate insurance

    While it’s great to have corporate insurance as an additional layer of protection, the key ingredient to shield you from rising medical inflation is, in fact, an individual health policy.

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    Health insurance tips: Should you opt for riders and top up plans?

    As healthcare continues to become expensive, it has become important for everyone to get adequately covered through health insurance. Experts suggest that one should be careful while selecting the right amount of health cover. 

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    Embedded Value – ULIP: Insurance is about safety, not returns

    This unique safety is also needed by the people who want to save with high guarantee of reasonable returns on the amount saved every year.

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    When is the right time to buy a health insurance policy?

    It is advisable to purchase a good health insurance policy at the right time to protect ourselves from getting into financial difficulties because of health emergencies.

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    Why should buying insurance be your top priority?

    According to some surveys, the awareness about the necessity of having insurance cover has been increased only after the damages done by the COVID-19 pandemic.

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    Health insurance: Know how a rider adds value to your health plan

    Health insurers also offer top-up policies to meet the actual expenses over and above the limit available in the basic health policy.

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    Health insurance: Covid-specific health plans available till September 30

    These policies were introduced by Insurance Regulatory and Development Authority of India (Irdai) in June 2020 in the midst of the Covid-19 pandemic for financial protection in case of a medical emergency due to Covid.

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    Embedded Value: Don’t let your life insurance policy lapse

    Under monthly mode of payment the insurers offer a grace period of 15 days from the due date within which the premium installment must be paid.

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    General insurers already seeing surge in travel insurance demands

    General insurers already seeing surge in travel insurance demands, expect ‘significant increase’ in insurance cover demands in next couple of months

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    Life Insurance: How you can make the claims process easier

    Given the nature of term insurance, you will be out of the picture at the time of claim settlement. So make it hassle-free for your nominee If your policy had lapsed earlier,

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    International flights to be fully operational soon! Here’s why to opt for travel insurance before flying abroad

    Opting for international travel insurance can help travelers enjoy their trips without any hassles or interruptions.

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    The complete guide to saving tax under Section 80D

    Section 80D allows taxpayers to avail tax deductions on the premiums paid towards health and medical insurance in a financial year

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    How you can financially secure the women in your family

    It’s time to give the due recognition to the women in your family during this Women’s Day for the responsibilities that they share with their male counterparts.

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    Life Insurance a must for today’s woman

    While India’s Life Insurance penetration is comparable to Asian peers at 2.8 per cent of GDP, the protection gap is alarmingly high especially among women.

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    Planning to buy health insurance? Compare the cheapest premiums

    Health insurance is one of the most important tools to help us pay hefty hospital bills and avoid a financial crisis.

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    Your Money: Know how sub-limits can affect your health insurance policy coverage

    Most of us do not read the offer documents of a health insurance policy and later blame the company for rejection/deduction of insurance claims. Most insurers apply sub-limits to the claim amount of health insurance policy to limit their liability under certain covers. It is important to note that being a part of original policy coverage limit, these claims are inclusive of sum assured.

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    Long-term Health Insurance: One-stop solution to reduce the burden of yearly renewal

    To avoid crowding at the limited numbers of government-run hospitals and to get quick medical attention, many people have no option but to visit private hospitals. However, treatments in private hospitals are generally very costly and the rate of inflation in treatment costs are also very high.

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    Health insurance: Making claims settlement transparent

    Insurers have to specifically give reasons for any claim denial and refer to the corresponding policy condition

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    First time buying life insurance? Here’s what you should know

    If you have resolved to buy a life insurance policy this year, here are some guiding points that can help you get started on your protection journey

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    LIC revises annuity rates of Jeevan Akshay VII and New Jeevan Shanti

    LIC of India has revised the annuity rates of two annuity plans recently.

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    7 smart tips to buy health insurance for senior citizens

    Here are some important tips senior citizens should not forget before buying a health insurance policy.

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    World Cancer Day 2022: Secure yourself against uncertainties with cancer specific health insurance cover

    Cancer is dreaded across the globe and accounts for more than 10 million deaths worldwide every year.

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    5 income tax changes announced in Budget 2022 taxpayers must be aware of

    Some minor changes under the income tax laws which affect individual tax payers have been proposed in the Budget 2022 by the finance minister.

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    Your Money: Three reasons why you need health insurance

    Inadequate savings: When it comes to saving money, we as a nation are quite good at it, no? But do we save enough to encounter medical emergencies? The savings are inclined more towards being invested for better returns in the future.

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    Unit linked insurance plans: Check tax norms for capital gains on Ulips

    Tax exemption on maturity proceeds of Ulips with an annual aggregate premium of over Rs 2.5 lakh has been removed. However, there will be no tax on proceeds in case of death of the policyholder

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    Traditional life insurance plans: Know how money back, endowment plans work

    In an endowment plan, the sum assured along with bonus is paid on maturity while in the money-back plan, a portion of the sum assured is paid to policyholder at regular intervals.

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    Here is why getting regular income post-retirement is important

    How much will be enough? That’s the question everyone stops at. There is no one answer. It depends on your current income, your lifestyle, your dependencies, etc. And how much ever you need, you can’t save it all. You will have to let your money grow to that.

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    ITR Filing: How to access the Annual Information Statement information online?

    The CBDT has rolled out the new Annual Information Statement on the Compliance Portal which provides a comprehensive view of information to a taxpayer with a facility to capture online feedback.

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    Your last chance to get free credit report from credit bureaus as 2021 is ending soon!

    As per the RBI rules, all Credit bureaus are mandated to issue one free full credit report, including credit score, to anyone who asks for such a report.

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    Life Insurance : A new lease of life, and not just a tax-saving tool

    Insurers to increasingly focus on bundled offerings with hybrid features, innovative bite-sized or context-based solutions

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    Embedded Value: How buying a life insurance or mediclaim policy can help you save tax

    Very soon we will be entering the last quarter of the financial year 2021-22, hence this is the time to do the necessary computation and transactions.

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    Life insurance: Don’t let your insurance policy lapse

    Not renewing an insurance policy even during the grace period defeats the purpose of buying a cover and your financial protection is at risk

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    Your car insurance claims can be rejected! Here’s when

    Always remember to read your policy document and the terms and conditions of the policy to know what is included and what is not.

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    How different is individual health insurance from family floater and critical illness plan?

    A normal health plan is a must for covering most of your medical treatment costs while the critical illness plan will come handy in case of critical illness, where the treatment costs are much higher.

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    Review your life insurance needs every 10 or 15 years

    Such policies provide the child enough funds to continue education even if he loses his parents.

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    Your Money: Have you planned for your retirement years?

    The most important reason for planning exclusively for retirement is the change in the fabric of the family structure.

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    How to choose the right motor insurance policy and add-ons for your vehicle

    With COVID-19 restrictions easing out, vehicles are once again back on roads as usual. This might be the best time for you to re-evaluate your vehicle insurance needs.

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    Insurance: How to ensure your claim isn’t rejected

    Your health or life insurance document enumerates the terms and conditions of the policy contract. Strictly adhere to these to avoid any claim rejection

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    How annuity plans can help secure the future of your parents

    An annuity plan, designed to secure a guaranteed stream or source of income post-retirement, can help your parents with a financial cushion after they’ve retired.

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    Your Money: Ways in which life insurance can help in times of financial crisis

    Before one chooses the best insurance plan, it is important to understand the life insurance definition so that the best insurance can be chosen.

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    This Festive Season, Empower your Loved Ones with Insurance

    The recent pandemic brought home the acute need for proper financial planning. This festive season is a good time as any to gift your loved one’s life-long security by gifting them an insurance plan.

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    Health insurance: Tips for buying health plan for senior citizens

    Look for medical insurance with the shortest waiting period and minimum number of diseases under this period

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    Want to take a home loan this festive season? Check out the lowest interest rates

    If you are planning to take a home loan, this is a favourable time to take the plunge. But do remember to have a repayment plan in place to avoid any financial stress later.

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    How to manage your EMIs, debts to save money during festive session

    Buying a thing on debt or on equated monthly installment (EMI) may appear affordable, but making a habit of doing so may create tremendous financial stress on you in future.

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    Tax implications on capital gains earned by NRIs

    The capital gains tax provisions for NRIs are similar to those for the resident individuals except for the applicability of TDS provisions. Like resident investors, the taxability of capital gains also depends on the holding period and the type of investments sold.

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    Should you buy Guaranteed Income Plans for Life Insurance? Check Pros and Cons

    The only con of guaranteed income plans is the overall return of the product is usually lower than its counterparts but that is mainly because of the insurance portion in-built into the plan

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    10 ‘Ravanas’ you should burn this Dussehra to get rich fast, make your finances healthy

    Happy Dussehra 2021: An advice to remember especially when someone has just started out! Following a trusted expert or paying heed to market cues on future swings from a market leader, can help an investor to be watchful.

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    Buying health insurance for senior citizens? Consider these important factors first

    As one’s parents age, the hospital visits and ailments increase. In the backdrop of such a landscape, the best decision one can make for one's elderly parents and grandparents is to purchase a health insurance policy for them.

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    Planning to file ITR? Know how to prepare yourself for Income Tax Return filing for AY 2021-2022

    ITR Filing Tips for FY 2020-21 (AY 2021-2022): The deadline to file the income tax return for salaried or small business individuals has been further extended to 31st December 2021.

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    3 reasons why you should choose ULIPs for accumulation of wealth

    Not everyone has the time and skills to manage their financial portfolio optimally. For such customers, ULIP provides an effective way to participate in the market as well as an insurance cover to deal with uncertainties of life.

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    How to improve your credit score fast

    If an individual’s CIBIL score has been falling, they might have taken financial decisions that have dented their score. To fix that, he/she first needs to understand what has affected the score.

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    Your Money: Insurance – Peace of mind and tax benefits, too

    Section 80C includes an exhaustive list of investments on which you can claim tax deduction while filing for your taxes. Some of these are Employee Provident Fund, Public Provident Fund, life insurance and so on.

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    RBI alert! Beware of frauds in the name of KYC updation. Check how you may be fooled

    The Reserve Bank of India (RBI) today cautioned people against frauds being conducted in the name of KYC updation. In a statement, the RBI said it has been receiving complaints/reports about customers falling prey to frauds being perpetrated in the name of KYC updation.

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    Sold unlisted shares? Know the tax implications

    As equity shares of a company are considered as capital assets, selling such shares would either result in a capital gain or capital loss.

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    5 warning signs of incorrect credit card usage

    If handled carelessly, credit cards can adversely impact your financial health for a long time to time. These five common signs indicate you are using your credit card the wrong way.

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    Independent Day: How to be financially independent with a good credit score

    Having a good credit score goes a long way. Experts say a good credit score is a gateway to a smooth financial life. That is the reason many individuals actively seek information to manage their creditworthiness.

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    How insurance can help you gain freedom from financial risks

    This Independence Day, be well informed and choose to be free of financial worries by covering your risks with insurance.

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    Financial Planning for Individuals: Five-point checklist to set financial goals for your future

    Here's a five-point checklist to help you set your future goals and build a unique plan for your financial freedom and security.

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    7 types of health insurance plans: Features, benefits, how they work – Explained

    Let's see 7 different types of health insurance plans and what they have to offer.

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    Low credit score? Six tips to get a home loan yet

    Try to improve your credit score even if you get a loan with a higher rate at the beginning so that the risk premium gradually gets lowered during the course of the loan

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    Retirement Planning: Are pension plans a good option for post-retirement planning?

    Pension plans are a combination of Insurance Plans with Annuity. Experts say the ideal way of investing in it is to start investing in the late 20s wherein the premium is relatively low comparing it with later years of age.

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    Top life insurance mistakes even smart people make

    From budgeting missteps and impulse purchases to inadequate contingency planning and much more, nobody is immune to financial faux pas.

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    Top things you should know before co-applying for a home loan

    It is important to understand whether one should apply for a home loan with a co-applicant or as the sole applicant.

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    4 key points to take note of while buying a health insurance policy

    In view of the exorbitant hospital and medical bills that are being accrued be it due to COVID treatment or any other medical reason, people have started not only opting for health insurance but also choosing the best health protection available.

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    Need money? Here are the best ways to get a loan in case of emergency

    Even though an emergency fund of at least 3 months' expenses is a must to deal with a crisis, it might not be possible for everyone to hold up such savings. Under such circumstances, a quick loan comes out to be the only option.

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    Home Loan: Why part-prepayments are a good idea

    Try to make as much part-prepayments as possible when the applicable home loan interest rates are low and your credit score is high

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    What role do guaranteed insurance plans play in meeting long-term goals?

    Even in a low interest rate scenario, life insurance products offer benefits that no other financial product does including life cover, additional riders, guaranteed returns, safety net, and tax benefits.

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    Health Insurance: Here’s all you need to know about Day Care procedures

    The procedures that require medical care and are completed within 24 hours are called daycare procedures.

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    5 things you must know before investing in real estate during Covid-19

    The pandemic may have brought drastic changes to our daily lifestyle, however real estate investments are here to stay and will grow in popularity.

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    Fixed income: Lock in small savings schemes by June-end

    The government is likely to reduce the interest rates on small savings schemes from July 1 to keep in line with falling interest rates in the market

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    7 reasons why life insurance is a must for every individual

    Many investment options are readily available in the financial market, but life insurance is the one if opted for at an early age, provides multiple benefits ranging from, providing protection to your family in your absence, planning your retirement, adds financial security, helps in saving tax.

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    Traditional savings products guarantee income for tomorrow – Here’s how

    Do you have enough savings to live a comfortable retired life? Can you afford a sabbatical in your professional life and pursue your passion? Can you afford to send your kids abroad for education? If you are afraid to answer these questions, it is time you re-evaluate your financial choices and think about building wealth.

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    Insurance Awareness Day: How to make an informed buying decision

    Life insurance policies of the pure protection variety, known as term Insurance, are basic and most necessary form of life insurance cover.

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    Invested during extended period? You have to mention details separately in ITR

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    Interest on deposits drops to 17-year low

    Other banks offer higher interest rates — HDFC Bank pays 5.6% and both ICICI Bank and Bank of Baroda pay 5.55% for the same product.

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    CBDT notifies revised Form 26AS, to now include real estate, share transaction details

    The revamped Form 26AS will now come into effect from June 1, the Central Board of Direct Taxes (CBDT) said.

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    Fixed Deposits: State Bank of India (SBI) cuts FD interest rate by 0.4% across all tenure – Check new rates

    SBI Latest FD Rates: The new rates of interest will apply to fresh deposits and renewals of maturing deposits.

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    People facing job loss or salary cuts may be in financial distress and need funds urgently to meet their day-to-day expenses.

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    Natural Calamity Insurance: Here is how to make insurance claim in case a natural calamity strikes

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    PMVVY scheme modified! Senior citizens can get Rs 18,500 per month pension for 10 years

    In the Modified PMVVY, the interest rate will keep varying depending on the financial year in which the investment is made.

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    Employees Provident Fund calculation: How much more you will take-home after PF rules change for COVID-19

    EPF calculation: In the CTC salary model, take-home pay goes up by 4% of wages before tax, but for others hike in take-home is at the cost of reduced total salary.

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    RBI Home, Personal Loan EMI Moratorium: When should you avoid it and when to avail?

    Home, Personal Loan EMI Moratorium: With the hardship continuing due to the ongoing lockdown, the RBI has extended the moratorium of term loans by a further three months till August 31, 2020.

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    Lost job or fearing income loss? Know how insurance can help with cash in times of crisis

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    Should you go ahead with your home-buying plans soon after the Covid-19 lockdown?

    Before finalising your home-buying plans in the shadow of the Covid-19 crisis, you should take a moment to first understand how the pandemic is impacting the real estate sector.

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    Here is how the new RBI steps will impact the common man including borrowers, depositors and businessmen.

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    Initially an assured rate of return of 7.40 % per annum for the year 2020-21 per annum will be provided and thereafter to be reset every year.

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    Post-COVID-19, the environment could be different and as a young and salaried buyer, one needs to keep following them for the opportune time.

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    Insurance: Are you a retiree? Five tips for buying a health plan

    Senior citizens need to check the rules for waiting period for cover of existing diseases and co-payment charges when selecting a health insurance plan.

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    5 reasons why you should buy long-term health insurance to secure your finances, health

    Long-term health insurance is undoubtedly the most economical and viable health and practical choice, given the increase in lifestyle diseases in current times.

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    Covid-19 survival package: Cash crunch? Take loan against investments

    As a salaried employee, go for non-refundable advance from EPF or take loan against your PPF account. You can also take a loan against your life insurance policy to tide over these difficult times

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    In times like the current one, when even getting out of one's home and meeting people are considered risky, there should be no excuse for not having adequate life and health cover if one can afford it.

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    At a time when the whole world is dealing with the COVID-19 crisis, fraudsters are coming up with new ways to steal money as well as data from users.

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    To pay rent, or not? Tenant-landlord conflict in the time of Coronavirus legally explained

    Out of box situations do demand out of Court settlement-mediation, conciliation and negotiation- as Courts have their own limitations, we must be conscious of.

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    Corona Relief! Now pay health insurance premium in installments on renewal up to 31st March, 2021

    The IRDAI states that the premium installment facility may be offered either as a permanent feature or may be offered as a temporary relief for a period of 12 months.

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    Insurance as a primary ingredient in a holistic and well-rounded financial portfolio is going to be the most immediate demand of a post-Covid developing world.

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    Struggling with credit card dues? These 5 ways can bail yourself out

    Adopting these 5 ways can help manage your credit card dues, without incurring hefty finance charges.

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    Online Fraud: Tips and best practices to secure your financial transactions

    There has been an increase in the use of online tools and apps which brings with it a heightened risk of Cyber fraud.

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    COVID-19 Insurance Plans: Know what insurers are offering

    As per the directions of IRDAI, insurers have even introduced Coronavirus-specific health insurance products that provide dedicated coverage against the deadly virus.

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    Indian Railways passengers note! Railway Ministry issues clarification on resuming train services

    No decision has been made on when passenger train services will be resumed on the Indian Railways network.

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    From an individual tax perspective, most of the proposals of the Finance Bill, 2020 have been incorporated in the Act with /without modifications.

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    GST refund, income tax refund soon; FinMin gives immediate tax relief to lakhs of businesses, taxpayers

    The government has decided to provide immediate tax relief to about 1 lakh businesses and 14 lakh taxpayers.

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    Can a health insurance policy protect you from Coronavirus impact?

    It is not necessary that everyone can avoid contracting this disease. This is where a health insurance policy can help you even in the current times.

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    Should you pay your EMI or avail moratorium? Find out

    The loan deferment is a welcome move for the borrowers who are facing any cash flow mismatch on account of the recent outbreak of Covid-19.

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    Your home, personal, auto loans to be cheaper! RBI minimises Coronavirus impact with repo rate cut

    After today's rate cut, it remains to be seen how much impact with the recent rate cuts, it will have on the home loan and other borrowers.

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    Income Tax Return Filing: Last date for filing ITR for FY 2018-19 extended

    The Finance Minister Nirmala Sitharaman in a press conference has announced that the last date for filing tax returns has been extended.

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    PAN-Aadhaar Link Deadline Extended! PAN Card-Aadhaar Card linking now allowed till June 30

    PAN-Aadhaar Link Deadline: The last date for PAN-Aadhaar linking has been extended

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    Corona Relief: SBI to provide loan @ 7.25% p.a. to COVID-19 affected borrowers

    Following the day long 'Janta Curfew' on March 22 to ensure that people maintain social distancing, many states have announced lock down till March 31, 2020.

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    Health Insurance: Know how a medical insurance claim is processed

    Treatment expenses can be reimbursed by insurer or customer can opt for cashless facility

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    COVID-19 outbreak: From today, bank branches only for essential services

    The Indian Banks' Association (IBA) has announced that effective Monday banks will undertake only essential services like cash deposit and withdrawal, cheque clearances, remittances and government transactions.

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    Digital India: Risk of coronavirus on currency notes, ATMs make banks recommend digital transactions

    The banks have started sending awareness messages to avoid visiting public places and the use of currency notes.

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    Banks cut operations to fight coronavirus; check new timings of SBI, HDFC, ICICI Bank

    With the rising cases of coronavirus in the country, several banks have revised their banking times and have suspended non-essential services.

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    S&P BSE Sensex recorded its worst ever single day fall after closing down by 3,934 points or 13.15 per cent. Earlier on March 12, Sensex crashed 2,912 points to record its worst single-day fall.

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    Banking Crisis: How to protect your hard earned money?

    Keeping large amount of cash at home is not only a security hazard, but the money locked in lockers also lose their purchasing power over time due to inflation.

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    Retirement planning: Do not ignore individual pension plans

    A combination of provident fund, super-annuation schemes and NPS can offer limited pension only. Individual pension plans of life insurance companies can help fill up the gap

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    International Women’s Day 2020: 5 money tips for urban women to achieve financial independence

    Here are a few steps that the urban woman should take to be in charge of her money and achieve financial independence.

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    International Women’s Day: How to buy health insurance with maternity coverage

    On International Women's Day, if you or your friends are getting ready to start their family and have kids – there's a helping hand from health insurance policies in India.

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    Auto Insurance: 12 tips to reduce car insurance premium

    Some insurance companies are also offering discounts based on the profession of the insured (viz: doctors, teachers, lawyers etc). But beware of car insurance firms who claim to offer 'free' insurance - this is usually free only for the first year and cannot be customized.

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    Will my health insurance policy cover Coronavirus? IRDAI issues guidelines on handling of claims

    The costs of hospitalisation including the treatment during the quarantine period have to be settled by insurers as per the terms and conditions of the policy.

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    Bad News! Employer’s contributions to EPF, NPS would no longer be entirely tax free

    Contributions to retirement benefit schemes like EPF, Superannuation Fund, NPS etc not only help in building a retirement corpus, but also provide tax benefits.

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    Income Tax Return filing for NRIs: Decoding the relaxation proposed for non-residents

    The Budget 2020 proposes to amend section 115A of the Act to extend the benefit of not filing return of income to non-residents whose total income includes income by way of royalty or Fees for Technical Services (FTS).

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    Health Insurance: Know how you can port your health cover

    When porting your health cover, you are allowed to carry forward the waiting period for pre-existing diseases and maternity already associated with the previous insurer

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    Your queries: Reinvest gold sale proceeds in property to claim tax exemption

    As the jewellery has been held for more than three years, this will be long-term capital gains so the sale proceeds shall have to be reduced by indexed cost of acquisition, to arrive at capital gain, which shall be taxed at the rate of 20%.

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    Beware! Sharing bank details to get refund on cancelled tickets may leave your account empty

    To avoid misuse of information by miscreants, users are requested not to share their booking and cancellations details on social media platforms.

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    Better than physical Gold investment! Women may explore these options for safety, high returns

    Gold investment risks and options in India: Being the second-largest consumer of gold, investing in gold and gold jewellery has always been a favourite option in India, especially among women.

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    UPI users? Here is how to protect yourself from fraud

    Every day many people still fall prey to such scams and lose a lot of money. These fraudsters take advantage of the ignorance and lack of knowledge of customers on the usage of such new platforms.

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    Why demand for cycle insurance is rising in India

    With the purchase of high-end performance cycles supported with adequate riding gears and accessories for the long-distance route, insurance in this sector is also rising.

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    Should you buy more than one life insurance policy?

    Life insurance provides insurance cover for many years. The question is, should the requirement of insurance change as times go by?

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    Any error or incorrect information in your credit report can lead to rejection of your credit application. This makes it imperative to develop the habit of reviewing your credit report periodically.

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    New Income Tax regime, invalid PAN to simple GST return: 5 changes from April 1

    In the 31st meeting held by the GST council, an introduction to a new GST return system for taxpayers was decided.

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    The new coronavirus epidemic is almost certain to become more deadly as the death toll in China alone crosses 2200 mark. However, does your insurance policy cover you for this deadly virus?

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    Financial Planning for Senior Citizens: How to make your retirement funds last longer

    In a falling interest rate scenario, your investments may not fetch the same rate of return thus impacting your regular income needs.

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    Health Insurance: Standard policy norms relaxed by IRDAI – Check details

    All general and health insurance companies may offer a Standard Health Insurance Product even before April 1, 2020.

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    Why Life Insurance companies are missing women customers

    If women start accepting life insurance as an effective savings and protection tool, it can benefit crores of Indian families and the women themselves.

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    Why Life Insurance companies are missing women customers

    If women start accepting life insurance as an effective savings and protection tool, it can benefit crores of Indian families and the women themselves.

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    Taken joint home loan? You may need NOC from joint owner to avail tax benefits

    You may face obstacle in claiming tax deductions on interest payment and principal repayment if home loan is taken in joint names.

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    Life Insurance for NRI: Can Non-Resident Indians buy life insurance plans in India?

    Indians well settled in a foreign land understand the importance of life insurance to protect the financial needs of their family members.

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    4 money moves to make in 2020 to get your financial house in order

    Firstly, start with making a goal - it doesn't have to be a complicated one. Try to make it simple, sorting out your debts and getting rid of them one by one, building an emergency fund, or making a budget for a big expense.

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    Buying a life insurance policy? Check the claim settlement ratio of the insurer first; Here’s why

    While purchasing life insurance, policyholders should also look at factors other than claim settlement ratios, such as brand, financial robustness of the insurer, product suitability, governance standards, and superior customer service.

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    Income Tax Saving: How health insurance can help you save tax

    Health insurance, apart from saving you from the massive cost of medical expenses in case of an adversity, even helps you enjoy tax rebate.

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    National Pension System: These NPS subscribers have to pay TDS on annuity, PFRDA clarifies

    NPS TDS Deduction: Annuity payable by the Annuity Service Providers (ASPs) to NRIs and OCIs will be taxed at source in accordance with the rates applicable as per the Double Taxation Avoidance Agreement (DTAA) of the country where they reside.

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    Pay TDS on Pension: PFRDA clarifies for these National Pension System subscribers

    NPS TDS Deduction: Annuity payable by the Annuity Service Providers (ASPs) to NRIs and OCIs will be taxed at source in accordance with the rates applicable as per the Double Taxation Avoidance Agreement (DTAA) of the country where they reside.

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    LIC’s millennial connect: How insurance giant is making policies alluring to youth

    At a time of economic slowdown, government-owned insurance group LIC has not only gained market share but has also made getting insured attractive to millennial population.

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    Income Tax Deductions for Individuals: You may be aware of the deductions from gross total income available under Income Tax Act 1961.

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    GST Latest Circular: CBIC has made it compulsory to use a unique document identification number (CBIC-DIN) to protect honest taxpayers from any harassment.

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    One of the best ways to stay financially secure and independent as a senior is to continue to work, earn and stay relevant.

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    A taxpayer is eligible to receive an income tax refund when excess taxes have been paid by him either through tax deduction on payments made to him or direct tax payments as advance or self assessment tax.

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    Linking vehicular insurance premiums to driving behaviour is a good move

    On September 6 , IRDAI notified the constitution of a working group to recommend the implementation framework and methodology for a potential premium-driving behaviour regime.

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    Senior citizen tax benefits: From income tax to pension – 10 exclusive points explained

    Here are 10 income tax and other investment benefits available exclusively for senior citizens.

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    Ulips provide a risk cover and enable one to invest into equity or debt markets basis their risk appetite and gain significant returns which can then be used to accommodate their goals.

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    Explained: Why you need to wait to reap the benefits of insurance

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    To avoid tax notice, penalties and prosecution, taxpayers having total income over Rs 2.5 lakh must not forget filing of their ITR for the AY 2019-20 on or before August 31, 2019.

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    The ease of availing funds often leads borrowers to overlook some of the crucial aspects of availing a personal loan.

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    ITR Filing 2019: Unlike salaried individuals, filing tax returns for a freelancer can get slightly complicated. Here's how they can do it.

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    LIC’s new term insurance plan: How better is Jeevan Amar compared to just withdrawn Amulya Jeevan?

    Apart from lower premium, Jeevan Amar plan has much wider features and flexibility in both premium payments and getting death claims compared to now withdrawn term plan Amulya Jeevan.

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    Senior Citizen Day: TDS and other tax benefits available exclusively to senior citizens

    For income tax purpose, a senior citizen is an individual resident in India who is of the age of sixty years or more at any time during the relevant previous year.

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    After filing your ITR, if you realise that there was a mistake in entering account details in which refund is scheduled to come, or the details have been changed, log in to your e-filing account to check if the ITR is processed or not.

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    ITR Filing 2019: 5 incomes you must not miss to report in your Income Tax Return for AY 2019-20

    It is advisable to be extra careful while filing income tax return this year as even a small mistake can result in the issue of a notice from the Income Tax Department.

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    Why financial planning is essential early in your career

    Try to save 30% of your net-of-tax earnings and don't fall prey to debt traps by spending more than your earnings

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    Lock in higher rate of return on annuities now

    With interest rates falling, insurers are likely to reduce the annuity rate. Those aged 50 and above must buy annuity policies at current rates to enjoy high income rest of their life

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    How to get a loan against a life insurance policy?

    Opting a loan against a life insurance policy is also known as pledging, where a loan can be issued by the insurance companies itself, or any other financial institutions.

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    Waiting Period in Health Insurance: Here’s all you need to know before making an insurance claim

    Numerous people buy health insurance without knowing its numerous exclusions, one amongst which is waiting period. Here's all you need to know.

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    Without Form 16 and with Form 26AS showing no TDS was deducted and deposited, many employees are in dilemma how to file ITR on time and whether to pay tax again.

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    Consumer Alert! Are you buying online insurance from this fake website?

    IRDAI has constantly issued such public notices communicating policyholders and new buyers that it does not sell any insurance products.

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    Money received from certain relations exempt from income tax

    Salary received from all the employers during the financial year will have to be clubbed to arrive at your total income and be taxed accordingly.

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    If your neighbors or any third-party gets harmed, due to fire break down in your house, the insurance company covering your house will also pay for such incidents.

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    ITR Filing: Make sure to file your income tax return on or before the due date of August 31, 2019 to avoid penalties.

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    One of the most important factors to take into consideration when choosing a home loan is the interest rate.

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    People willing to take loans for family needs, improving lifestyle

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    The best way one can determine the tenure of one's life insurance policy is by determining the duration of one's financial obligations.

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    LIC launches much awaited cheaper term plan Jeevan Amar; know its features and eligibility

    Not only LIC of India's new term plan Jeevan Amar is much cheaper than its just withdrawn Amulya Jeevan Plan, but it is also more flexible and has much wider features.

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    Term Insurance: Enhance your term cover with accidental death benefit rider

    When planning to buy a life insurance policy, it is often observed that most people fail to understand the various elements that together make a life insurance cover, following which they end up investing in a wrong product.

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    What types of death are covered by term insurance? Find out

    Insurers classify untimely deaths into various categories, based on which deaths are covered or not covered, and the insurance company declines or pays the death benefit.

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    Taxpayers usually take into consideration only the income from their main occupation while filing their ITR. However, it is also important to factor in the income from “other sources”.

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    Income Tax Return 2019: Redemptions make ITR filing a tough task for ELSS investors

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    IRDAI relaxes repayment terms in suicide cases within 12 months

    Earlier, in case of the policyholder's death by suicide, during the first year of policy issuance, there were no regulatory provisions for any refund to a policyholder.

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    ITR Filing: Good News! Income tax return filing process simplified; Big relief in LTCG from CBDT

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    Aadhaar-PAN name mismatch: If your name is different in PAN and Aadhaar Card, you will face difficulties in linking your PAN and Aadhaar Card.

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    Health Insurance: How to pick the right health cover

    It is important to understand the kind of policies available and choosing the right health insurance coverage as per your health conditions and family type.

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    Budget 2019: Deductions for housing; here are conditions to avail these benefits

    Union Budget 2019 India: Benefits for housing has been one of the key areas of focus for the government and there has been heightened expectations from the common man since the current limit of deduction for housing loan interest at Rs. 200,000 per annum is grossly inadequate.

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    LIC’s Nav Jeevan offers good insurance cover, tax benefits with options to pay single or limited premium

    LIC’s Nav Jeevan plan is a non-linked with profit endowment assurance plan, with the options to pay either single premium or limited premium for 5 years.

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    Are you waiting to fall ill to get health insurance cover? You might get rejected by the insurance company

    Various companies have disease-specific plans, such as those for cancer and diabetes. Critical illness plans offer cover even after the insured have been diagnosed with any of the listed critical illness.

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    How riders can make your life insurance cover more beneficial

    These riders are nothing but additional covers such as term rider, accidental death and disability rider, waiver of premium rider, critical illness rider, etc., offering benefits beyond the conventional insurance policy.

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    Good news for LIC policyholders: You may now auto pay your premium by adding it to net banking

    The customers of Life Insurance Corporation (LIC) of India need not worry anymore about remembering the due date of paying the LIC premium or take out time to stand in a queue to pay the renewal premium.

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    Life insurance just a tax-saving instrument? It’s much more than that

    When an individual is buying life insurance, the core purpose should not be limited to just tax saving. It has a more significant purpose and importance to our lives.

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    Budget 2019: Tax bonanza on cards for income tax payers? Two out-of-the-box ideas for Modi government

    Budget 2019 India: Increase the basic assumption limit by Rs 50,000 including for the senior citizen. The women taxpayers may also get a higher base exemption limit in Union Budget, says Kuldip Kumar, Partner and Leader Personal Tax, PwC.

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    Senior Citizen Health Insurance: Planning to buy a health insurance policy for your parents? Here’s what to look at

    Given the sharp increase in medical costs, it imperative to opt for a health insurance plan as with old age comes several ailments that are expensive to treat and care for.

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    Budget 2019: GST on insurance same as GST on alcohol; Is it justified?

    Union Budget 2019 India: A GST waiver should be approved for Life Protection Plans because while life insurance gives people financial protection, consumption of alcohol is considered dangerous to health.

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    House Rent Allowance Vs Home Loan: Which is the smart tax option?

    Taxpayers would like to know their entitlement to deductions towards the payments for housing accommodation and their entitlement for house rent exemption. Here's how the tax works out.

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    When you invest in an FD, the principal amount is invested at a fixed interest rate and you gain interest on your deposits, which accrues and grows over time.

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    Filing ITR on time is beneficial in many ways while keeping you tax-compliant. Here's all you need to know.

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    ESI scheme being contributory in nature, all the employees in the factories or establishments to which the Act applies shall be insured in a manner provided by the Act.

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    Make sure you call and inform the insurer of your health-related emergency and which hospital you are going to be admitted in.

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    This Father’s Day, instead of a customary gift, help your father in leading a secure and healthy life

    While finding the perfect gift is anyway a difficult task, what’s more difficult is finding a meaningful gift that would express your heartfelt love for your father.

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    When it comes to taxation, we often tend to use the terms tax credit and tax deduction interchangeably. However, are these two the same?

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    The most important factor to be considered about the issuer of debt, is the ability to repay the capital, and also the interest payouts.

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    Investments have three characteristics: safety, income and growth. The first thing you need to decide is which of these three characteristics is most important

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    Often people don’t save and plan for their retirement, assuming that when the time comes, employer benefits will be enough. However, they will not cover all your retirement needs.

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    You can significantly reduce your income tax outgo if you use the perquisites provided by your employer in the right way.

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    It is important for us to re-evaluate our health insurance on a regular basis just to make sure that we and our family members are adequately covered.

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    In which ITR Form NRIs need to furnish income tax return?

    A non-resident or a person not ordinarily resident in India, earning income in the form of salary and interest, is required to furnish return of income in India.

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    Scrutiny notice received by an individual can be grouped into limited scrutiny or complete scrutiny.

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    Can NRIs purchase life insurance in India? Find out

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    Health Insurance: Secure your family with a Family Floater plan

    The most appropriate financial planning tool available to ensure the safety of one’s loved ones is a Family Floater health insurance plan that covers each family member.

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    What is Living Will? Only 27% of Indians aware of this concept!

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    Retirement Planning: How to save Rs 1 crore for your golden years

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    Waiting for the tax season to buy insurance to save tax? Here’s why you shouldn’t

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    Income Tax Dept does away with mandatory quoting of father’s name for PAN applications – All you need to know

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    Retire smart: From discipline to your time, seven tips to plan retirement

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    Alert for pensioners! How to get Life Certificate offline and online before your pension stops

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    Mutual funds: 78 per cent of equity schemes give negative returns

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    IRDAI has recently proposed new draft product guidelines for linked and non-linked life insurance policies, which are set to benefit insurance buyers substantially.

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    How riders add value to your life insurance plan

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    Taxpayers beware! You can now be prosecuted even if you fail to file your income tax return on time

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    How to measure your financial health? Check these six metrics

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    Is Rs 1 crore good enough for your retirement? Keep these 5 things in mind

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    LIC Jeevan Shanti Vs Jeevan Akshay Vs Jeevan Nidhi Vs Jeevan Umang: Which is the most suitable pension policy for you?

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    Relying only on group health insurance? Here’s why personal cover is a must

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    Income Tax Refund: 5 must-do things to make sure you get excess tax paid back to your account

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    Lifetime-high! Sensex up, stocks down

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    Beware! Rs 5 crore gone! 2,000 SBI credit card holders cheated by fraudsters – Here is what happened

    Thirty people including 22 tele-callers have been arrested by the Cyberabad police in New Delhi for allegedly cheating nearly 2,000 SBI credit card holders to the tune of Rs five crore.

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    5 reasons why you should buy a life insurance today

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    Life Insurance: 3 steps to choosing the right insurer

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    Income Tax Return filing: 10 must have documents to file your tax return for AY 2018-19

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    LIC beats industry, posts 16% annual premium growth in May

    Life Insurance Corporation of India (LIC) bettered the industry growth average by registering 16% year-on-year growth at Rs 2,494.7 crore, data from Kotak Institutional Equities showed.

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    Travel Insurance: Travelling overseas? Don’t forget insurance – Here is why

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    Important financial planning tips: Are you self-employed? Get money-savvy with these 4 suggestions

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    Income Tax Saving: New tax rules which will help you save tax in FY2018-19

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    Invest now, earn later – Top ways to enjoy your life financially after retirement

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    Good news for senior citizens: Here’s how PMVVY can ensure fixed income in old age

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    5 biggest mistakes to avoid while planning for retirement

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    Income Tax efiling: Must-do steps to file your IT return for FY 2017-18 on time till you get Form 16

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    Record! LIC’s western zone sells whopping Rs 9,002 crore new premium in FY18

    LIC's western zone, which has been the flagship for the Corporation from the beginning, has sold a record Rs 9,002 crore in new premium in FY18, adding 3,463,582 new customers, the life insurance giant has said.

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    I-T Dept warning to salaried taxpayers: 8 common inaccuracies every taxpayer should take care of NOW

    In the wake of the Income Tax Department's warning to salaried taxpayers, you not only need to be tax-compliant, but also need to file your I-T returns carefully if you want to avoid the wrath of the taxmen.

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    Income Tax Return efiling: 6 tax changes you need to keep in mind while filing ITR for FY17-18

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    Want to take a loan? Here are three most important rules to keep in mind

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    Are you buying a health insurance? Must check these 5 points

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    Income Tax planning for 2018-19: New tax rules every taxpayer should know

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    Taxpayers hurry up! 6 financial tasks you need to complete before March 31

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    Health insurance: Genetic disorder? Your claim can’t be rejected

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    Good news! Insurance premium on small cars likely to become cheaper from April: Premium bikes Insurance might double though

    The exposure draft said that in case of vintage cars, a discount of 50 per cent would be allowed for private cars certified as 'vintage cars' by Vintage and Classic Car Club of India. There is a proposal to reduce the third-party premium on in certain category of vehicles (four-wheeled) used for carrying passengers.

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    How life insurance premium gives better tax benefit than mutual funds

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    New Public Provident Fund rules: How they will impact you

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    Taking loan against life insurance policy? Keep these 5 things in mind

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    Thinking of buying insurance? Your claim is more likely to be settled with LIC

    Claim Settlement Ratio is the total number of death claims approved by an insurance company in a financial year. While LIC paid claims on 7,56,399 policies, ICICI Pru Life settled 10,539 policies in FY17. HDFC paid claims on 12,421 policies in the same time period.

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    Are you investing in Bitcoins? Get ready for multiple tax implications

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    How to plan for retirement: 4 amazing steps to a safe, comfortable future

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    Life insurance policy warning: 6 sins that may ruin family

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    How much insurance do I need? Being under-insured can even put life at risk; 4 critical things to know

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    Post OFS, LIC hikes stake in NTPC to 14.25%

    NTPC on Thursday informed stock exchanges that Life Insurance Corporation (LIC) of India now holds a 14.24% stake in the company, a day after the government raised about Rs 9,100 crore by selling a 7% stake in the state-run power producer through an offer for sale (OFS).

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    How non-residents can avoid income tax in India: Here is how to claim benefits

    Non-resident can claim benefit of DTAA to avoid income tax here. A non-resident is taxed only on income that is received in India, or that accrues or arises, or is deemed to accrue or arise, in India. Since salary income is received in India it will be chargeable to tax in India.

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    How to pick the right insurance company: Here are 4 brief points

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    Did you know of these surprising health insurance benefits?

    While growing financial awareness has helped the surge in popularity of health insurance, many insurance features are still unknown to the vast majority of policyholders.

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    Medical insurance: Here are 5 reasons why women need to buy a health cover

    There are various reasons for women not buying as much health insurance as men do. Let’s take a look at them, and what can be done to fix it.

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    Income tax filing: Claim benefit on interest payment on second house loan of up to Rs 2 lakh

    Assuming your total taxable income for FY 2016-17 is below Rs 2.5 lakh, as per income tax provisions it is not mandatory to file return of income.

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    Mumbai property prices plunge up to 40%, courtesy RERA

    Land auctions conducted by the City and Industrial Development Corporation in Navi Mumbai last week saw bids lower by as much as 40% compared with those in November.

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    Life insurance – transfer of money to policyholders: Here’s how to get your unclaimed money

    The policyholder or his nominee has to raise the claim for any due payment including death claim, maturity claim, survival benefit or premium due for refund within three years.

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    Insurance: How to get accident benefit rider with life cover

    A very recent research report has revealed that in India, only road accidents have claimed 1,50,000 lives in 2015, a very disturbing figure indeed. Similarly, data regarding railway accidents are equally frightening

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    LIC boosts life insurers’ new premium growth in FY17

    LIC registered a 27.22% growth in FY17, higher than the industry average as well as its private peers.

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    Non-life premium grows 32% at Rs 1.27 lakh crore in FY17

    General insurance companies saw their gross direct premium at Rs 1.27 lakh crore, a growth of 32% in financial year 2016-17.

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    Crisis insurance: How to protect yourself against natural disasters

    As India is vulnerable to natural disasters such as earthquakes, tsunamis and cyclones, here are some insurance covers which you must have to protect yourself and family during any natural calamity.

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    Government appoints two more MDs at LIC- B Venugopal, Sunita Sharma

    The government today appointed two more managing directors to the nation’s largest financial powerhouse LIC — B Venugopal and Sunita Sharma, for a period of nearly two years.

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    New Income Tax forms: What information is being asked for? All you want to know about the new rules

    The announcement of new income tax return (ITR) forms usually marks the start of a new financial year. From announcing a new, compact and short ITR-1, the total number of forms has also been brought down to seven from nine earlier. Here are some key issues that an assesses must keep in mind while filing his returns for AY 2017-18.

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    Family’s financial security: Life insurance is not just for saving tax; here’s what you need

    IT is commonly believed that life insurance plans are meant for saving on individual taxes. This belief is further reinforced by reports appearing in the media during the last quarter of the financial year when people start thinking about optimising their tax liability through various exemptions allowed by the Income Tax Act.

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    Non-life insurers’ February premium up 33 per cent at Rs 10,287.74 cr

    Non-life insurance companies' total premium grew 33.4 per cent to Rs 10,287.74 crore in February this year. While, specialised PSU insurers’ underwritten premium during the month rose by 124 per cent to Rs 890.22 crore.

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    Life insurers post 35% growth in new business premium

    The life insurance industry registered 35.13% growth for new business premium till January 2017, largely due to the high growth in the group as well as individual single premium policy.

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    Life insurers’ new business premium up 28% in January

    The new business premium of life insurance companies grew by 27.8 per cent to Rs 13,138.10 crore in January, compared with the year-ago month.

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    To ease demonetisation pain, Budget 2017 may moderate tax rates, broad-base tax system

    In order to soothe the pains of demonetisation and widen the tax base, the government may look at moderating the tax rates and broad-basing the taxation system, in the Budget, to be presented by finance minister Arun Jaitley on February 1. The big challenge for the government is to plug the issue of low compliance

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    Budget 2017: Modi government must take these 5 steps for insurance sector, says M Ravichandran of Tata AIG

    According to M Ravichandran insurance is treated as a compulsion and not as an essential component and the government can do much in changing this perception.

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    Budget 2017: Government may toughen PAN requirements to Rs 30,000 on cash transactions

    Government may levy a charge on cash payments and cash deposits, and bring more cash transactions under the radar of PAN tracking.

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    Impact of demonetisation on the Indian insurance sector

    Even after the passage of two months since the government withdrew high value currency notes from the market, dust is yet to settle down on the issue, with both support and opposition stacked up in equal measure.

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    Will Budget 2017 be presented on February 1 Election Commission to review with state polls in mind

    With Election Commission announcing the poll dates for five states - Goa, Uttar Pradesh, Uttarakhand, Punjab and Manipur- the question that arises now is, whether the Budget can be presented on February 1 or not?

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    SBI pushes merger of five associate banks, Bharatiya Mahila Bank to next fiscal

    State Bank chairperson Arundhati Bhattacharya today hinted that the mega merger of its five associate banks and Bharatiya Mahila Bank (BMB) could be pushed to the next financial year as it is still awaiting the government notification on the move.

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    Digital transformation: Life insurance trends to watch out for in 2017

    The life insurance sector has huge potential to grow as it is one of the important pillars for financial protection

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    In your 20s? Here’s why you should invest in life insurance

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