Child plans are popular for creating a corpus for the child. Among the many plans available, 5 Tips for Choosing a Child Plan in India Let’s find out. If you are a parent, it’s natural that you want to do all you can to secure your child’s future. Invest in the best child plan in India and ensure that your child’s financial needs are taken care of even if yo...
Pension Plan or Retirement Plan offered by a life insurance company is something that helps you build a fund through your earning years to ensure that you have a steady source of income after you retire.
Every year, the finance minister of India announces the new income tax slabs There are now two separate income tax regimes in place For some taxpayers its beneficial to opt for new tax regime and for some its beneficial to opt for old tax regime.
Section 80 CCD 1B gives an additional deduction of ₹ 50,000 over and above the ₹1,50,000 deduction permitted under Section 80C.The pension amount is taxable according to your income slab. Also, with the NPS becoming an EEE product, this investment is now at par with other long-term investment products like Public Provident Fund (PPF) and Employees Provident ...
A money back plan is a savings life insurance plan that offers guaranteed money backs at defined intervals along with the benefit of a life cover With the promise of stable returns and adequate protection coverage Read on
Chapter VI A has various sub sections that you can use to claim deductions so as to reduce your taxable income.The best time to start investing in various Chapter VIA instruments and make the most of your money is now if you haven't already done so. Connect with our trusted financial experts today!
Life insurance is an irreplaceable part of a sound financial plan. Future Generali India Life Insurance, one of the fastest growing life insurance companies in India, offers various life insurance plans to meet your financial goals
Before paying taxes, remember to avail these tax benefits for yourself if you are a super senior or a senior citizen or even if you are filing it for your parents.Income tax for senior citizen, Income tax slab for senior citizen, tax benefits and exemptions for senior citizens are available here Read more and know about this
The concept of TDS was introduced with the purpose of collecting tax directly from the source of income. According to this notion, a person (deductor) who is required to make a payment of a specific nature to another person (deductee) must deduct tax at source and send it to the Central Government's account.
Section 80 CCD 1B gives an additional deduction of ₹ 50,000 over and above the ₹1,50,000 deduction permitted under Section 80C.The Income Tax Act allows you a variety of deductions that can assist you lessen your income tax. There are a number of approved investments and expenses that you can deduct from your taxable income.
Go beyond 80C tax benefits to become a smart tax saver Here is a complete list of tax free deductions available under Section 80 apart from Section 80C. To Know More about Tax Saving Options and Schemes in India Visit Future Generali India Life Insurance.
