Category: Finance
Revive lapsed LIC policy till March 24, 2023: Know how to check your premium due via WhatsApp
An initiative to assist policyholders in reviving expired insurance policies, the Life Insurance Corporation of India (LIC) LIC has undertaken ’Special Revival Campaign’. This campaign,…
1 crore in Rs 5-7 lakh income range set to gain from new tax regime
(This story originally appeared in on Feb 03, 2023) NEW DELHI: Close to one crore individuals in the Rs 5-7 lakh income range stand to…
FD interest rate up to 7.85%: Banks offering highest 2 year fixed deposit rates
Due to its safety and fixed returns, the fixed deposit (FD) is one of the most popular investments among risk averse investors. One of the…
Small Saving Schemes Announcements: Senior Citizens, women get a chance to increase their savings via SCSS, Mahila saving scheme
The government has implemented many initiatives to increase the earning potential of retirees and people who are risk averse. In Budget 2023, the government has…
Union Budget: 10 things individual taxpayers should know
(This story originally appeared in on Feb 02, 2023) 1. To provide relief to the middle class, FM has further reduced income-tax rates under the…
Union Budget 2023: Are you richer or poorer? Here’s the bottomline
(This story originally appeared in on Feb 02, 2023) Does this Budget leave you richer or poorer? The short answer is that while there’s no…
Life insurance proceeds taxable for premium over Rs 5 lakh
For life insurance policies issued on or after 1 April 2023, the tax exemption on maturity benefits under Section 10(10D) will only be applicable if…
Rise in deposit limit for 2 senior citizen schemes
In a big benefit for senior citizens, the deposit limit in two popular schemes, Senior Citizens Saving Scheme (SCSS) and Monthly Income Scheme (MIS), has…
Post Office Monthly Income Scheme limit enhanced to Rs 9 lakh for individuals in Union Budget 2023
The Post Office Monthly Income Scheme (POMIS) limit has been enhanced to Rs 9 lakh from Rs 4 lakh for single account holders. In case…
mahila saman savings scheme: New small savings scheme for women Mahila Samman Saving scheme launched
A new small savings scheme has been announced for women in the Budget. As per the announcement made, Mahila Saman Savings Scheme is being launched…