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LIC earns Rs23,600 cr of profit from its equity investment in 2018-19,total assets exceed Rs 30 trillion

Published on: 24/06/2019Source: Asia Insurance Post

LIC earns Rs23,600 cr of profit from its equity investment in 2018-19,total assets exceed Rs 30 trillion

As per the provisional accounts prepared, the corporations’s total premium income- new premium and renewal premium- was Rs3,37.200crore showing a growth of 6.08 per cent while the total benefits paid amounted to Rs2,50.900 crore growing by as much as 26.62 percent.The corporation had mobilised a total new premium of Rs41,086.31crore in 2018-19

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 ITR Filing: 5 benefits of filing income tax returns you may not be aware of

Published on: 23/06/2019Source: Financial Express

ITR Filing: 5 benefits of filing income tax returns you may not be aware of

Filing ITR on time is beneficial in many ways while keeping you tax-compliant. Here's all you need to know.

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Salaried employee? Encashed leave? Know if you have to pay Income Tax

Published on: 23/06/2019Source: Zeebiz

Salaried employee? Encashed leave? Know if you have to pay Income Tax

As per the Income Tax rules, leave encashment is taxable as a salary if you receive it while in service.

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Budget 2019: Government likely to increase income tax exemption limit to Rs 3 lakh

Published on: 22/06/2019Source: India Today

Budget 2019: Government likely to increase income tax exemption limit to Rs 3 lakh

It was earlier reported that the government would only consider raising income tax deductions under certain sections of the Income Tax Act. However, a fresh report suggests that the government is likely to increase personal income tax exemption threshold.

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Doing the math: Choose the right healthcare cover

Published on: 22/06/2019Source: Livemint

Doing the math: Choose the right healthcare cover

According to experts, there are three things to consider: healthcare inflation, your family medical history and your salary Another way to determine the healthcare cover is to consider the kind of treatment you are likely to seek

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New income tax rules with tougher penalty comes into effect: 10 points

Published on: 22/06/2019Source: Livemint

New income tax rules with tougher penalty comes into effect: 10 points

Offences under serious criminal cases are 'generally' non-compoundable now The CBDT has listed 13 cases where the offences are not to be generally compounded

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IRDAI okays standalone own-damage policy

Published on: 21/06/2019Source: The Hindu

IRDAI okays standalone own-damage policy

The Insurance Regulatory and Development Authority of India (IRDAI) on Friday allowed insurers, with effect from September 1, to issue standalone annual own damage (OD) cover for cars and two-wheelers, both new and old.

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Mumbai property prices may crash as much as 50%: Ambit

Published on: 20/06/2019Source: Money Control

Mumbai property prices may crash as much as 50%: Ambit

A lethal cocktail of high prices, drying up of bank lending and government efforts to reduce black money may combine to produce what many have anticipated -- in vain -- for long: a crash in realty prices in the country's metropolitan cities.

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12 documents you need to file your income tax return this year

Published on: 19/06/2019Source: Business Standard

12 documents you need to file your income tax return this year

From Form 16 to tax saving investment proofs, a list of documents you need to have by your side while filing ITR

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