News

Tax implications on capital gains earned by NRIs

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.

20/10/2021, Source : Financial Express

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

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

16/10/2021, Source : Financial Express

Tips to save on motor insurance premium

Tips to save on motor insurance premium

You can explore pay as you go model and work on deductibles, too Do you own a four-wheeler but find commuting via public transport on a daily basis more feasible than driving? Or are you someone who owns more than one vehicle but usually drives one of them more than the others? If yes, here are a few tips for you to save on your motor insurance premium.

16/10/2021, Source : BusinessLine

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

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.

14/10/2021, Source : Financial Express

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

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.

01/10/2021, Source : Financial Express

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

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.

30/09/2021, Source : Financial Express

3 reasons why you should choose ULIPs for accumulation of wealth

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.

29/09/2021, Source : Financial Express

 How to improve your credit score fast

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.

14/09/2021, Source : Financial Express

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

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.

14/09/2021, Source : Financial Express