Personal Loan

Insurance Sector Budget Expectations: Budget 2023: Income tax sops for health, life insurance policyholders; GST cut, what insurance industry wants [ad_1] Finance Minister Nirmala Sitharaman will present Union Budget 2023 on February 1, 2023. Insurance related expenses form a good part of individual taxpayer’s household budget. Amid high inflation and rising medical costs, the common man is expecting a host ...

Inoperative Ppf Account Active: How to activate inoperative PPF account [ad_1] The Public Provident Fund (PPF) offers a set rate of return, which is currently 7.1% and is announced every quarter. The Income Tax Act’s Section 80C exempts up to Rs 1.5 lakh of PPF investments annually from taxation. The annual interest as well as the maturity amount are both ...

What taxpayers want from Budget 2023| EconomicTimes [ad_1] Increase in tax exemption limit for health insurance With increase in the cost of medical treatment, medical insurance premiums have also shot up especially after the novel coronavirus pandemic. Hence, to encourage citizens to procure medical insurance, the government could consider enhancing the deduction limit under section 80D from Rs 25,000/Rs 50,000 ...

How to transfer money from an NRO to an NRE account [ad_1] The Non Resident External (NRE) account and the Non Resident Ordinary (NRO) account are how NRIs handle their expenses in India. Most banks offer a facility to transfer money from NRO to NRE account. What is NRO and NRE accountThe NRO account is primarily used to deposit money ...

Finding Rs 1 crore health insurance cover costly? A Rs 50k voluntary deduction can reduce premium by up to 35% [ad_1] What can potentially derail your household finance — a loss of Rs 50,000 or a loss of Rs 20 lakh? The answer will clearly be Rs 20 lakh. What if the same principle was to be applied to health ...

How to open National Savings Certificate (NSC) account online [ad_1] How to open National Savings Certificate (NSC) account online [ad_2]

NPS partial withdrawal: 7 instances when you can apply for partial withdrawal [ad_1] [ad_2]

EPF e-passbook facility working again on EPFO portal [ad_1] After being down for more than a week, members of the Employees’ Provident Fund Organisation (EPFO) can now access their online EPF passbook. The e-passbook facility has been unavailable for the past several days, which inconvenienced many EPF subscribers . The passbook page was not accessible due to “technical maintenance related ...

5 money moves that can make you richer in 2023 [ad_1] [ad_2]

eRupee can’t be turned into cash directly, for now [ad_1] (This story originally appeared in on Jan 19, 2023) Mumbai: Currency notes cannot be directly exchanged for central bank digital currency (CBDC), or the eRupee. Issuance of CBDC can happen only against deposits. However, the reverse — allowing cash to be withdrawn against eRupees — may be allowed in future. ...