Ahead of the Union Budget 2023, insurers are hoping that the Centre will act on their recommendations, which includes increasing the limit for tax deduction under 80D of the Income Tax Act.......
Insurance companies are seeking a separate deduction limit of Rs 1 lakh for insurance premium payment under Section 80C of the Income Tax Act in the upcoming Union Budget to bring in more people......
But be ready for lock-in till the age of 60.Sanjay Kumar Singh finds out more, Illustration: Uttam Ghosh/Rediff.com With interest income on provident fund contributions above Rs 2.5 lakh......
The EEE tax status means the contribution, the accumulation and the withdrawal amounts are all exempt from tax. Sarita Singhal's relationship manager insisted on meeting her though she did not......
When 56-year-old R P Dubey was advised to dip into his Public Provident Fund (PPF) account for his daughter's wedding, he was surprised. He had no clue he could withdraw money from his PPF account.......