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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.
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RBI alert! Beware of frauds in the name of KYC updation. Check how you may be fooled
The Reserve Bank of India (RBI) today cautioned people against frauds being conducted in the name of KYC updation. In a statement, the RBI said it has been receiving complaints/reports about customers falling prey to frauds being perpetrated in the name of KYC updation.
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Income-Tax return filing deadline extended to December 31
The due date of furnishing of Return of Income for the Assessment Year 2021-22 was July 31, 2021; it has now been extended to December 31, 2021.
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Income Tax Return New Rule: Senior Citizens Don't Need to File ITR if These Conditions Met
Senior Citizens above the age of 75 years, who only have pension and interest as a source of income, will be exempted from filing the income tax returns (ITR) for fiscal year 2021-22. The Central Board of Direct Taxes (CBDT) has now notified rules and declaration forms which senior citizens would have to file with the specified bank.
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PF, GST, PAN Card Linking: 10 Rule Changes to Overcome in September. Know More
There have been and will continue to be several rule changes this month. These changes come in the form of regulatory policies across banking, financial and even automotive sectors that will affect the day-to-day lives of the average citizen. With that said, here are the 10 most important changes that citizens have to contend with, in the month of September 2021.
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Sold unlisted shares? Know the tax implications
As equity shares of a company are considered as capital assets, selling such shares would either result in a capital gain or capital loss.
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5 warning signs of incorrect credit card usage
If handled carelessly, credit cards can adversely impact your financial health for a long time to time. These five common signs indicate you are using your credit card the wrong way.
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LIC’s asset base goes past Rs 38 lakh crore in fiscal 2021
MUMBAI: Life Insurance Corporation of India has said that its asset base has crossed Rs 38 lakh crore with total investments of Rs 36,76,170 crore and a life fund of Rs 34,36,686 crore as of March 2021.
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Gallery
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.
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