Women have increasingly become dominant players in the Indian workforce. These days, an increasing number of women are either co-bread winners or even sole bread winners for the family. However, when compared to other financial instruments such as fixed deposit and mutual funds, many don’t consider having a life insurance policy to protect their dependents or partner.
Salaried individuals can save tax by paying rent to their parents and availing the House Rent Allowance (HRA) exemption benefit.
Interim Finance Minister Piyush Goyal on Monday said Life Insurance Corporation (LIC) is formulating a plan to implement the pension scheme for unorganised workers — Pradhan Mantri Shram Yogi Maan Dhan(PMSYM) — announced in the Interim Budget.
One way to arrive at an ideal number is the income replacement method where you simply multiply your current annual income with the number of years left to retire, but also account for debt obligations and inflation
Before you consider investing in PPF, here are few facts to know about premature closure, revival and account becoming irregular.
The Institute of Chartered Accountants of India ( ICAI ), under the Committee for Capacity Building of Members in ICAI, is facilitating ICAI-LIC Group Insurance Scheme for Chartered Accountants Members and their spouse.
The biggest problem faced by them very often is the lack of cash at the required time as the middle class keep juggling between different pressing financial needs throughout the year.
The Supreme Court has made it mandatory to file the Income Tax returns with Aadhaar card and has asked people to get it linked with their PAN cards before March 31, but the numbers are not rising.
It was the first monetary policy meeting under the new governor Shaktikanta Das, who took over as Governor, RBI after the abrupt exit of Urjit Patel from the office in December last year.