Do I have enough money to retire? This is the most asked question in retirement planning. When I wrote about the need to take charge in your 40s, friends asked for a method to evaluate whether they have enough. Let’s consider some pointers.
Learn MoreLastly, the pre-determined withdrawal rates may not work if your savings include high-risk investments, prone to market volatility.
Learn MoreAre you LIC policy holder and have to pay extra charges during the payment of policy premium? Then from now, you don't have to pay any additional charges on LIC policy premiums. The Life Insurance Corporation or LIC has waived off the convenience fee on all payments, including payment through credit cards.
Learn MoreNow, for those who are short of cash, they can opt to pay their Life Insurance Corp. of India (LIC) policy premiums using their credit card. This is especially useful for those last-minute tax-savers who do not have enough money in their bank a/c.
Learn MoreAt a time of economic slowdown, government-owned insurance group LIC has not only gained market share but has also made getting insured attractive to millennial population.
Learn More"If you look at people between 30 and 35 years old another 17 lakh policies. We have sold 44 lakh policies to people below 30 years old, or millennials," says TC Susheel Kumar, Managing Director of Life Insurance Corporation (LIC).
Learn MoreNSE said that the license has been suspended due to non-compliance with Sebi norms This action follows the 22 November Sebi order which had in preliminary findings held that the brokerage firm had misused client securities
Learn MoreA cut in the repo rate would be immediately transmitted to retail borrowers as the RBI has forced banks to link loans to an external benchmark instead of a self-determined reference rate Most banks have chosen the RBI’s repo as a benchmark, which means that home loans could fall to below 8%
Learn MoreThe Corporation said any credit-card originated payments towards renewal premium, new premium, or repayment of loan and interest on loans against the policies will not attract any additional charges or convenience fee its parlance, from December 1.
Learn MoreThe 30-share Sensex had gained 1,985 points, or 3.82 per cent, during the period under review, enabling the corporation to post good returns. The market value of LIC’s investment as of end-FY19 stood at around Rs 28.7 lakh crore, growing 8.6 per cent on a year-on-year basis.
Learn MoreThe 30-share Sensex had gained 1,985 points, or 3.82 per cent, during the period under review, enabling the corporation to post good returns. The market value of LIC’s investment as of end-FY19 stood at around Rs 28.7 lakh crore, growing 8.6 per cent on a year-on-year basis.
Learn MoreIncome Tax Deductions for Individuals: You may be aware of the deductions from gross total income available under Income Tax Act 1961.
Learn MoreThe four policies – professional indemnity, personal accident, property and public liability – put together would cost a doctor less than Rs 25,000 annually
Learn MoreIf the gift amount is significant, chances are you will end up paying the highest tax rate of 30 per cent on your gift
Learn MoreLIC’s market share stood at 78 per cent in number of policies for the month of October 2019, said a senior official.
Learn MoreIn the case of jewellery found belonging to any other person, the same can be seized and confiscated Gold receipts can also help you show the source of gold in cases you need to show in your ITR or if there’s a tax scrutiny
Learn MoreThe Working Group made various recommendations, after which it has been decided to work on the product design and draw up the proposed policy wordings, including the terms and conditions in plain language, keeping the large motor segment in mind.
Learn MoreBe it a child plan, a unit-linked insurance plan or a traditional money-back plan, you can select one that best suits your requirement and goal.
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