Buy Travel Insurance Online Just Before Flying
Travel insurance is the cover for the risk you may face in your trips, domestic or overseas. Typically, travel insurance covers death, medical expenses, repatriation, personal accident, loss/ delay of check baggage, third party liability and passport loss. Why Do You Require Travel Insurance? One generally travels for two basic reasons- business or pleasure. You...
Make the Best Use of Leave Travel Allowance (LTA)
Holidays are always welcome for the purpose of winding down, seeing new places or just cementing relationships. The Leave Travel Allowance (LTA) or Leave Travel Concession (LTC) is the ideal means to enjoy a vacation and gain financially too. Most employers provide such LTA to their employee as a part of the compensation package offered...
Comparing Insurance Products Made Simple Online
Insurance is very much important part of our life. It signifies the security of monetary support when any uncertain situation happens to somebody. There is a regulatory body governed by public sector companies which protects the rights of all types of insurance products and rules of claim settlements. More and more companies are gathering up...
8 Must read Tax saving tips
Following are the 8 Must Read tax saving tips which should definitely help you for your tax planning 1. More assesses in the family Increase the number of Income tax return filing from your home. Each and every member of family filing return helps in avoiding clubbing provisions. Also, tax slabs are individually applicable on each member....
Save Yourself from Mis-selling in the Name of Insurance
Insurance plays a key role in the management of our life. It is now considered as an essential thing in individual life so that all uncertain risks can be covered using an insurance policy. It helps families in securing their future when any of the members dies at any point of time. Misfortune can happen...
Consequences of Declaring Wrong Information While Taking Insurance Policy
Insurance policy is an important matter that should never be taken lightly. After all, it is a matter of financial security to yourself and to your loved ones. We often become careless when it comes to filling long and tedious forms and we rely on the agents to fill the information for us. If you...
Income Tax Rates for AY 2014-15 (FY 2013-14)
Applicable rates of Income Tax Rates for Individuals, Hindu Undivided Family (HUF), Body of Individuals (BOI) and Association of Persons (AOP) in India is as under: Assessment Year 2014-15, Relevant to Financial Year 2013-14 For Individuals below 60 years age (including Woman Assessees): Income Tax Rate Upto 200,000 Nil 200,000 to 500,000 10% of...
Tax benefits on different types of loans
When you are planning to buy a house or going for a higher education, loans comes as an important tool to fulfill your money requirements. And what’s more to ask, if they gives you a benefit on tax front also. Let us see various tax benefits on different types of loans. Home loans While taking...
Important Things to Know About Home Insurance
Home is where the heart stays. In the world of inflation and recession, owning a dream house becomes next to impossible, but the financial institutions lend a helping hand in providing the required loan to acquire the property. With many difficulties after relentless survey, the loan approval process, credit score clearance, the much awaited home...
Prime Depreciation Rates as per Income Tax Act
Prime Depreciation Rates as per Income Tax Act are as follows: Sl. No. Asset Depreciation Rate 1 Building: Residential 5.00% 2 Building: Factory 10.00% 3 General Plant & Machinery 15.00% 4 Motor Car 15.00% 5 Motor Buses/Lorries Used In Hire 30.00% 6 Computers including Software 60.00% 7 Furniture 10.00% 8 Patents, Know-how, copyrights, licenses etc....
