LIC continues to be the dominant life insurer with a market share of 75.90 per cent in policies and 68.74 per cent in first-year premium, it said in a statement on Thursday.
There is a saying – “Don’t put all your eggs in one basket”. Similarly, in your investments too there is a need for diversification through investment in different product categories.
The study is based on 351 companies' data from Capitaline Plus, where LIC held over 1 percentage point stake in the June quarter. These companies accounted 72% of total m-cap of BSE-listed companies
MUMBAI: Life Insurance Corporation (LIC) of India has said that it has settled 561 death claims due to COVID-19 amounting to Rs 26.7 crore. The corporation has also relaxed its norms during the lockdown to allow payment on maturity claims based on email submission of survival benefit requirements and subject to conditions is settling such claims without the policy document.
This is the third extension given by the government for taxpayers to file both original and revised tax returns for 2018-19 fiscal.
While choosing an insurance policy, there are more things to look at instead of just the premium of the policy.
While in some cases all the house property may remain self-occupied, in others, the second house property may be given to someone on rent. Here's how you can claim tax benefits on second house.
The Finance Act 2020 has shifted back to the classical system of taxing dividend in the hands of shareholders/unit holders from 01 April 2020, and abolished dividend distribution tax (DDT), wherein the incidence was on the company.
If you have already availed the home loan, you can always go ahead and refinance your loan at a lower interest rate, from other banks or housing finance companies.
Only banks are mandated to offer loans based on an external benchmark rate (EBR) or loans linked to MCLR.
The New Form 26AS would help the honest taxpayers with updated financial transactions while filing their returns, whereas it will desist those taxpayers who inadvertently conceal financial transactions in their returns.
Everyone wants to become a crorepati and win lakhs and crores of prize money on TV game shows like KBC. However, have you ever wondered whether that prize money is tax-free or one has to pay some tax on that?
Normally, the due date for completion of filing Income Tax Return (ITR) is July 31 of the relevant Assessment Year (AY) for the assessees, whose income needn't be audited.
While filing ITR, there are some common mistakes that you must avoid at all costs. Here are some of the mistakes that can result in getting an income tax notice.
It is not just financial literacy but also behavioural skills that are common to investors who grow their wealth consistently. Here are some habits to emulate.
Fixed deposits are the most preferred savings instrument of Indians Here are the latest interest rates on fixed deposits of less than ₹2 crore offered by SBI, PNB, BoB and HDFC Bank
The situation is particularly alarming for senior citizens as their hard earned retirement corpus would be eaten up by high inflation and taxes.