Cardiac patients whose proposals for a regular health insurance plan get turned down should apply for a cardiac-specific plan.
Choose a higher sum insured if you are going on a long trip, and if your age is above 45.
Their downside is that the donor relinquishes all control over the transferred property, and certain tax implications may also arise.
While the RBI's guidelines aim to streamline the loan closure process, borrowers must remain proactive.
Section 19(4) of the RERA Act entitles allottees to a refund if the developer doesn't comply with the terms of the sale agreement.
If you disagree with the notice, be ready to explain.
'You may opt for a longer minimum guaranteed tenure of 12-18 months. This will ensure that in a rising rental scenario, the landlord doesn't serve you a notice and ask you to vacate the property.'
If you have not yet filed an ITR for the 2022-2023 financial year, you can file a belated return.
Employees who benefit from rent-free accommodation should pay heed to these new regulations, especially if they are in the higher salary brackets.
'Try to buy a policy with a lower sum assured or one with a deductible.' 'Those whose spouses work for companies must get themselves enrolled into the employer's group health cover.' 'Some public sector banks also offer group health covers to those who open a savings account with them.'
Through a revised return, you can make changes to your ITR and even end up paying lower tax.
Missing the deadline for filing Income Tax returns can lead to consequences.
Keep track of your foreign remittances to avoid giving incorrect declarations as these could be held against you.
Failure to disclose any income can lead to penalties and legal issues.
Non-compliance can also result in legal complications and disputes with the tax authorities.
Balanced advantage funds have the potential to earn superior risk-adjusted returns for the investor and offer a smoother investment journey.
It is important to have the necessary documents on hand to verify the information in the form.
Many senior citizens fail to disclose certain incomes like interest, commissions, or dividends in their ITRs.
Penalties for non-disclosure or inaccurate disclosure of these details can be severe.
'Don't wait until the last minute. Instead, cultivate the habit of monitoring your Form 26AS throughout the year.'