News
EPFO Adds Record 18.92 Lakh Net Members In April; 8.87 Lakh New Joinees
State-wise analysis of payroll data denotes that the net member addition is highest in Maharashtra, Karnataka, Tamil Nadu, Gujarat, and Haryana.
Bank Unclaimed Deposits See 26% Spike: Here’s How To Find Your Forgotten Money
Unclaimed deposits in RBI’s DEA fund have increased by 26 per cent to Rs 78,212.53 crore in FY2023-24over the previous fiscal year.
Legal Heir Certificate: Here’s How To Obtain The ‘Varisu’ Document In Tamil Nadu
A legal heir certificate is required without a will to facilitate the transfer of assets to the rightful heir after the original owner dies.
Succession
Making A Will? Follow These Steps To Avoid Your Wishes Being Challenged In Court
A Will is a legal document that ensures assets are distributed fairly among the family members according to the testator’s wishes after the person dies.
Financial PlanningAre SM REITs Good For A Middle-Class Investor’s Retirement Portfolio?
SM REITs primarily focus on high-quality commercial spaces with ticket sizes starting from Rs 10 lakh to attract retail investors.
Personal Loan Repayment: 5 Efficient Ways To Service Your Debt
Before signing a loan agreement, thoroughly review the terms and conditions, including the interest rates, repayment plan, costs, etc.
Before signing a loan agreement, thoroughly review the terms and conditions, including the interest rates, repayment plan, costs, etc.
Financial Planning
Telangana Senior Citizen Card: Benefits, Eligibility, And How To Apply
The Telangana government issues a senior citizen card or certificate to elderly people domiciled in the state to help them easily access various government welfare schemes.
The Telangana government issues a senior citizen card or certificate to elderly people domiciled in the state to help them easily access various government welfare schemes.
Financial Planning
Retirement Planning: Start With A Calendar, Not Calculator
Filling up the calendar with a mix of physical, mental, and social activities that is a good balance of work time, play time, 'me' time, and family time would be a life-saving idea.
Filling up the calendar with a mix of physical, mental, and social activities that is a good balance of work time, play time, 'me' time, and family time would be a life-saving idea.
TaxITR Filing: Things Senior Citizens Should Know Before Submitting Income Tax Returns
Older people new to ITR filing or with limited knowledge should know their basic tax exemption limit. For instance, for senior citizens, it is Rs 3 lakh; for super senior citizens, it is Rs 5 lakh.
Understanding DTAA: How NRIs Can Avoid Double Taxation In India
Double Tax Avoidance Agreements (DTAA) can help optimise tax obligations and ensure financial efficiency.
Double Tax Avoidance Agreements (DTAA) can help optimise tax obligations and ensure financial efficiency.
Tax
How Does Taxable Income Be Calculated For Seniors Seeking Exemption From ITR Filing?
Senior citizens whose age is 75 years or more are exempted from filing the ITR u/s 194P, subject to fulfilment of certain terms and conditions as applicable according to the ITR rule.
Senior citizens whose age is 75 years or more are exempted from filing the ITR u/s 194P, subject to fulfilment of certain terms and conditions as applicable according to the ITR rule.
Tax
Decoding NRI Taxation: Know Tax Deductions And Liability On Various Transactions
From decoding residency status to leveraging Double Tax Avoidance Agreements (DTAA), here's a comprehensive guide to demystify tax complexities for Non-Resident Indians (NRIs)
From decoding residency status to leveraging Double Tax Avoidance Agreements (DTAA), here's a comprehensive guide to demystify tax complexities for Non-Resident Indians (NRIs)
Health Insurance and WellnessHealth Insurance For Retirement: 5 Reasons Why You Should Not Ignore It
Have you thought about your health insurance post-retirement? Amid rising medical inflation, consider these 5 reasons why you must ensure a good plan for healthcare needs after retirement.
Ayushman Coverage To All Over 70 Years, Roll Out Of U-WIN In Govt’s 100-Day Agenda
Other key areas of focus in the 100-day plan include ease of doing business—‘tatkal’ issuance of licence in select food businesses, deployment of Arogya Maitri Cubes, etc.
Other key areas of focus in the 100-day plan include ease of doing business—‘tatkal’ issuance of licence in select food businesses, deployment of Arogya Maitri Cubes, etc.
Health Insurance and Wellness
How Does A Moratorium Period Differ From Waiting And Free-Look Policy In Insurance?
Insurance documents are full of jargon that makes them difficult for a layperson to understand; here, we explain the difference between a moratorium, waiting, and a free-look period.
Insurance documents are full of jargon that makes them difficult for a layperson to understand; here, we explain the difference between a moratorium, waiting, and a free-look period.
Health Insurance and Wellness
Private Vs Govt Health Insurance Plans: Which One Should You Opt?
Government health insurance schemes are cheaper than those from private health insurers; however, the latter offers more customisation and possibly wider coverage of diseases.
Government health insurance schemes are cheaper than those from private health insurers; however, the latter offers more customisation and possibly wider coverage of diseases.
SuccessionWriting A Will? Consider This While Choosing An Executor
An executor plays a crucial role in a Will, so choose the person carefully to ensure fair execution of your wishes.
Public Vs Private Charitable Trusts: How Do They Differ, Which One Should You Opt?
A trust is a legal entity formed to entrust an appointed trustee with the responsibility of carrying out the trust's duties.
A trust is a legal entity formed to entrust an appointed trustee with the responsibility of carrying out the trust's duties.
Succession
Estate Planning: 6 Factors You Can’t Afford To Ignore
Estate planning is critical to safeguarding and distributing your property to the rightful heirs.
Estate planning is critical to safeguarding and distributing your property to the rightful heirs.
Succession
Want To Create An Online Will? Here’s How To Do It
Many senior citizens can’t create a will due to age-related health issues. However, they can use online will-creation tools instead of missing out on will. Creating an online will is easier and cost-effective as well.
Many senior citizens can’t create a will due to age-related health issues. However, they can use online will-creation tools instead of missing out on will. Creating an online will is easier and cost-effective as well.