Personal Finance Blog
Atal Pension Yojana or APY is the Government Of India's flagship social benefit pension program. Earlier when it was launched, there were no tax benefits. However, now APY is treated like NPS for tax benefits. Let us see the APY or Atal Pension Yojana Tax Benefits under Sec.80CCD(1) and Sec.80CCD(1B).Before jumping into understanding the APY or … [Continue reading]
Whenever you have any Income Tax issues, then you have to contact your Jurisdictional Assessing Offer or AO. How to find Income Tax Assessing Officer or AO? Also, how to contact him? Income Tax Assessing Officer or AO meaning Assessing Officer or AO is an individual officer appointed by Income Tax Department. An assessing Officer or AO is a … [Continue reading]
Many of us have issues or doubts about Income Tax. In such situation, how can we contact Income Tax Department and what are the toll-free customer care numbers of the Income Tax Department? The answer is Income Tax Helpline. When can you use Income Tax Helpline? # Income Tax TAX and PAN General Queries# Regarding PAN and TAN … [Continue reading]
LIC Jeevan Utkarsh Plan 846 is going to launch on 6th September 2017. This policy will be available to purchase for 270 days from the date of launch. Let us see its features, benefits and review it.LIC Jeevan Utkarsh Plan 846 is a single premium, non-linked, with-profits, savings cum protection plan wherein the risk cover is ten times of … [Continue reading]
As of now, whenever you need the Loan Against LIC Policy, then you have to apply it by visiting your service branch. However, now LIC started the online process of applying for Loan Against LIC Policy.To avail the loan you have to visit the servicing branch and avail the loan by submitting few forms. It is a cumbersome process if the person is … [Continue reading]
Recently there was news that from now onwards Aadhaar is mandatory for buying and selling of stocks and Mutual Funds. In this direction, it is better for you to be ready with all your Demat accounts and Mutual Funds be linked to Aadhaar. Let us see how to link Aadhaar to Mutual Funds folios online.As per recent amendments to Prevention of … [Continue reading]
Recently LIC declared the bonus rates for the year 2017-18. Let us see the complete details about LIC Bonus Rates for 2017-18 and how they affect your life insurance returns. What is the meaning of bonus for LIC policies? When you buy a traditional with profit product from LIC, then your returns from such policy mainly depends on what will be the … [Continue reading]
All of you might be aware that now instead of VAT, GST is the norm in all our shopping bills. However, there may be few instances where shops or hotels may use fake GST Bill or GST number and may dupe you. Hence, let us understand how to identify or verify fake GST Bill and GST number.We usually go for shopping. Do the shopping and get the bill … [Continue reading]