Life Insurance Corporation on Wednesday said its Varishtha Pension Bima scheme will continue next year also, but the interest rate and other terms and conditions will be decided by the government.
Third party claims are adjudicated by the constituted tribunals.
FM proposed rationalisation of various tax exemptions.
ICICI Prudential Life Insurance has become the first private insurance company to cross Rs 10,000 crore sum assured over a premium income of Rs 680 crore within 3 years of operations and plans to hike its capital further to expand the business.
On scrutiny, Shield Plus has no special advantage over a fixed deposit.
These stocks offer the best combination of maximum 'buy' recommendations from brokerages and share price upside over the next 12 months.
Mahavir Chopra explains the pitfalls one may face after buying a day care insurance policy
It acts as an additional health safeguard in case your basic insurance plan is not enough to take care of your medical bills
Consider factors like time, risk profile, return requirements, expenses, liquidity needs, etc. Make sure to have insurance and opt for a term plan, says Amar Pandit.
'Like all long-term bull markets, the Indian stock market will continue to climb the proverbial wall of worry.'
The good news is investors can make 5 to 6 switches during a year among funds depending on the insurance companies without incurring any costs.
If you are diagnosed with a critical disease, then its treatment would be very expensive and may require intensive care and hospitalisation which your comprehensive insurance plan may not cover. In such type of cases you have to pay the cost of the whole treatment.
10 stocks which are most popular with brokerages right now and are expected to deliver maximum upside over the next 12 months.
With mutual funds becoming an increasingly popular investment avenue, it would pay to be tax-smart.
Confused about what the agents tell you about this investment product? Then you must read this
Of the existing set of potential leaders, Bakhshi was clearly the only choice as he beat out other high-level candidates that included executive directors Anup Bagchi, Vishakha Mulye, NS Kannan, and Vijay Chandok who were lacking the all-round game that Bakhshi has.
'Clearly, the depositors of cooperative banks need the maximum protection.'
Choose insurance from stable companies that have been in the business for a long time
'Apart from providing you with the ability to withstand escalating medical expenses, a dedicated financial plan for health will also ensure financial independence in old age,' advises Arun Thukral, MD & CEO, Axis Securities.
Don't let income tax come in the way of your long-term financial planning, says Ashish Vohra, Senior Director and Chief Distribution Officer, Max Life Insurance
Shikha Verma offers invaluable money management insights
The insurer plans to hire about 2,00,000 agents this financial year.
The Income-Tax (I-T) Department nowadays provides pre-filled forms to make the filing of income-tax return (ITR) easier. Nonetheless, you must have a number of documents handy at the time of filing return so that you can cross-check the data in the pre-filled form. "Filing ITR doesn't require you to upload any document. But in case an assessing officer makes an inquiry, you will need to present documents and certificates as proof," says Deepak Jain, chief executive, TaxManager.in.
'We may bite the bullet and draw up plans for privatisation.' 'If that is done now, the sale of the government stake will fetch money; a delay will see erosion in whatever value is left in these banks,' says Tamal Bandyopadhyay.
Considering the rising dengue cases, the affordability and availability of such a plan makes it worth buying, says Harjot Singh Narula
Sanjib Jha, CEO, Coverfox Insurance Broking, answers your health insurance related queries.
The incident had acquired political overtones with the Bharatiya Janata Party and West Bengal governor Jagdeep Dhankhar hitting out at the Mamata Banerjee government over the killings, and the RSS claiming the teacher was its supporter.
Irrespective of your age and how good your health has been, the right time to get a health insurance is NOW, says Mukesh Kumar, Executive Director, HDFC ERGO General Insurance Company
Want to start saving but don't know where to begin? Our investment expert guides.
Stick to low-cost ULIPs launched in the past few years. Go with an insurer with a good investment team and solid track record of long-term returns, suggests Sanjay Kumar Singh.
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