News

08/03/2025

Top 5 reasons why women need life insurance in 2025

Here are the top five reasons why women need term life insurance in 2025.

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05/03/2025

Income from asset transferred to even your daughter-in-law will be clubbed to your income and will be taxable in your hand in this case, says income tax dept

The Income Tax Department has recently released a new brochure highlighting how clubbing of income provisions is applicable for individual taxpayers.

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03/03/2025

Faster Credit Score Updates: Why timely payments matter more than ever

Starting January 2025, lenders must update credit records every 15 days instead of once a month. As a result, financial activities will appear on your credit report sooner.

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02/03/2025

Filing your ITR? Compare the old and new tax regimes to save more

If you are availing exemptions or deductions under the old tax regime, the new tax regime may lead to a higher tax outgo.

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01/03/2025

7 common insurance mistakes you must avoid for financial security

We take a look at some common insurance mistakes which you must avoid to ensure your insurance truly safeguards your financial well-being.

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27/02/2025

Form 16 and 24Q formats revised! New tax deduction rules you must know

The CBDT circular has been issued on 20 February 2025, and it will be applicable to the tax returns of the financial year 2024-25 (i.e. assessment year 2025-26).

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27/02/2025

GST reduction on term, health insurance premiums: BIG decision - What sources say

GST On Health Insurance, GST On Term Insurance: Sources said that insurers and DFS have likely reached a consensus for 12 per cent GST on health and term insurance premiums. The current GST rate on heath and term insurance stands at 18 per cent.

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25/02/2025

Health insurance room rent limits: What they mean for your coverage

Room rent limits in health insurance affect out-of-pocket expenses. Choosing a room above the limit incurs proportional deductions on related costs, including doctor's fees and nursing charges. Policies may have fixed caps or percentage-based limits, influencing treatment costs significantly.

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19/02/2025

LICs Smart Pension Plan: What is it and other important FAQs for your retirement planning

LIC Smart Pension Scheme 2025: LIC has introduced the Smart Pension Plan, a non-linked, non-participating annuity plan offering liquidity options for retirees. With flexible payment frequencies and options for single or joint life annuities, the plan guarantees a steady income.

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