News
Tips to pay off your loans and the benefits of repaying early
Before you start repaying loans, make sure you have an adequate investible surplus for meeting your long-term goals.
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Income tax: 5 cash transactions that can attract I-T notice
One needs to remain alert while doing any kind of high value cash transaction because the Income Tax Department has become highly vigilant about the cash transactions
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LIC relaxes claim settlement requirements
Keeping in mind safety of its customers amid the second wave of the COVID-19 pandemic, state-run Life Insurance Corporation of India (LIC) Friday announced a slew of relaxations in claim settlement requirements, making the process easier and hassle free.
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Govt relaxes cash payment cap of Rs 2 lakh in COVID treatment post High Court nudge
All hospitals, nursing units, dispensaries and COVID care centres will be able to accept cash over Rs 2 lakh from the patient's family. The exemption will be applicable on all transactions between April 1 and May 31
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Protect your life by purchasing not only health insurance but also term insurance: Parag Raja
The reforms in the second wave are expected to increase not only the country's insurance penetration rate but also lead to a conscious shift in the insurance product mix.
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Your Money: Why we need to plan for retirement at every life stage
A structured retirement planning starting at an early age will help unleash the power of compounding for a longer period of time, thus helping accumulate a bigger corpus.
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Checkpoints to Remember While Making a Financial Plan
Evaluating your expenses can take you closer to achieving your life goals It is important to have a financial plan. If you do not have one, then put a halt, make the plan and restart your financial activities. For designing one such plan that focuses on achieving your financial life goals
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LIC books record profit of ₹37,000 crore from share sale
Life Insurance Corp. of India (LIC) booked a record ₹37,000 crore profit from share sales in 2020-21, the highest in its 65-year history, as the stock market reached record highs. The latest profit is a 44.4% jump against its ₹25,625 crore profit from stock sales in fiscal 2020.
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Gallery
Mother’s Day: How to buy health insurance specifically for young mothers?
If your policy covers maternity benefits, costs incurred during hospitalisation as a result of maternity will be covered up to the sum insured limit. In some instances, the cover is also available for any medical complications of the newborn child.
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