2018-11-20 09:49
Friends its fun time again. Add some laugh in your busy life. As an LIC agent or customer we always prefer to do compare among insurance company and their products etc.Here we shall compare… Read More
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Save Tax Save Money With Life Health Insurance Blog
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2018-08-31 12:11
One of my client ask me that their LIC agent is not cooperating / assisting to them if he is in need of any query of help, so transfer my policy under your agency name. I told them it is not… Read More
2018-08-28 09:58
Many of my clients says that I am from Bihar / Bengal, can i change my policy from Delhi to Bengal / Bihar at my nearest LIC branch. I say yes to them. Person who has taken LIC insurance pol… Read More
2018-07-27 10:37
Normally when we file Income Tax Return (ITR) we try to keep full precautions to avoid any mistakes. But sometimes mistakes may happen. Like given wrong bank account details or left consider… Read More
2018-07-21 06:19
An small investor (and tax payer) is one who manages his finances in such a way that the TDS is just equal to the tax he is supposed to pay for a particular year. You need to balance your ne… Read More
2018-07-10 11:51
Income Tax rate are decided in budget in every year. Some time it come with some change in tax slab rate or some time some other levy of exemptions.Here i come with Income Tax Slab Rates for… Read More
2018-07-10 11:48
What is Pure Life Insurance Plan? Best answer is Term Insurance Plan. What is the right time to get Term Insurance Plan? The short answer would be, “as early as possible.” But th… Read More
2018-03-13 10:35
Mostly person before taking life insurance they think that how to claim maturity benefits from life insurance policies? Or What are the maturity claim procedure? How in my absence my depende… Read More
2018-01-02 08:48
We incur several regular expenses which make us eligible for tax benefits but we fail to utilize them due to our less knowledge about it. Here we will discuss about some expenses which will… Read More
2017-12-27 13:15
We are near to year end, now complete your exercise regarding tax saving investment and income tax planning. People who pays us some times are liable to deduct TDS on our payment if cr… Read More
2017-12-21 12:36
Mostly people asks when a insurance agent offer health insurance policy to a person that why they need health insurance policy for him or their family members.Here I shall discuss, Why healt… Read More
2017-12-15 09:30
Third quarter of this current financial year 2017-18 is near to end. All employees who earn more than taxable limits has to submit their investment/expenses proof, which makes them eligible… Read More
2017-12-12 12:10
This blog is summarize for those taxpayers who declares their income under the head Income From House Property. Sometimes they forget to avail exemptions that can save their taxes. Here give… Read More
2017-12-12 10:46
Every taxpayer who are liable to file Income Tax Return under the head Salary do knows very well that what are the allowances / exemptions available under the head salary that help them to s… Read More
2017-12-09 20:30
This blog is summarize for those taxpayers who declares their income under the head Income From House Property. Sometimes they forget to avail exemptions that can save their taxes. Here give… Read More
2017-12-09 04:30
We incur several regular expenses which make us eligible for tax benefits but we fail to utilize them due to our less knowledge about it. Here we will discuss about some expenses which will… Read More
2017-12-07 07:46
Did you file your income tax return for the assessment year? Does it has any Refund amount ! And you did not receive your refund yet. Here I am telling you how to check Income Tax Refund onl… Read More
2017-12-07 07:30
In this blog we will discuss Income Tax Benefits to Senior Citizen available as per Income Tax Act. A person becomes senior citizen once he attains 60 years of age. Income Tax Department cat… Read More
2017-12-06 07:32
Every taxpayer who are liable to file Income Tax Return under the head Salary do knows very well that what are the allowances / exemptions available under the head salary that help them to s… Read More
2017-12-01 07:30
Friends asks, how to save insurance premium? What are the way to save insurance premium? How I can save insurance premium? What are the factors that affect insurance premiums? Hope many of u… Read More
2017-11-29 07:54
Life insurance is not just a tax saving tool, it is a serious financial product which if used correctly can be a bless for your family and dependents. We people take life insurance to s… Read More
2017-11-24 09:26
Today LIC has issued a Notification regarding Modification of LIC's Jeevan Akhay - VI (Plan no.189) (UIN:512N234V05). Read Complete Notification here as-LIFE INSURANCE CORPORATION OF INDIACE… Read More
2017-11-22 07:34
Personal Loan everybody's prime requirement nowadays. Every persons are in need of some fund to fulfill their desire, enjoy their festivals, or special occasion. But sometimes earlier people… Read More
2017-11-13 11:34
Did you file your income tax return for the assessment year? Does it has any Refund amount ! And you did not receive your refund yet. Here I am telling you how to check Income Tax Refund onl… Read More
2017-11-11 07:56
Do all of us require life insurance?? My answer is "YES" Because, Health of elderly parents, Education of Children and life of Spouse are put under a big question mark when bread earner dies… Read More
2017-11-10 11:24
One of my client asked me "why every alternate day an LIC Agent came to me and asked to buy an insurance policy? How I can buy if not able save to afford premium amount? I ask him just to im… Read More
2017-11-09 08:43
On 08th November 2017, IRDA (Insurance Regulatory And Development Authority of India) issued a Circular No.IRDAI/SDD/MISC/CIR/248/11/2017 that linking your Aadhar No. and PAN is mandat… Read More
2017-11-08 08:30
Many of us start investment only in February or March, i.e. just before the Financial Year getting over. This could be a big mistake. You may invest your money without proper planning. You m… Read More
2017-11-07 12:39
People are using Life insurance policies as tax planning tool as premium paid on Insurance Policies are eligible for tax benefits under Section 80C of the Income Tax Act 1961 (Act) and Matur… Read More
2017-11-03 11:22
'Change is only Constant' because Change in one thing that ends up impacting the other. Goods and Services Tax, popularly known as GST, is a reform for our economy's indirect tax plan. On 8t… Read More
2017-11-03 10:22
With a hike in GST rates to 18% from the current 15%, the insurance sector are poised to get more expensive after July1, 2017. The immediate effect will be the increase in premiums esp… Read More
2017-11-02 09:23
Term Insurance is a contract between Insurance Company and insured person that primary provides guaranty to pay insurance amount only in case of demise of secondary to their Nominee, If… Read More
2017-10-31 10:33
There are billions of people in India who have taken Life Insurance from Life Insurance Corporation of India. People have strong faith on this Corporation. So, there are lot of fraud/cheatin… Read More
2017-10-25 12:17
Many people who have their life insurance policy get notice that their plan is may be "With Profit" or "Without Profit". Some time they thought why certain plans are categorized like th… Read More
2017-10-16 10:30
A Letter of authority works for simple tasks. It can be used for getting routine work done. But when there are big transactions, it it better to get power of attorney because it sets out the… Read More
2017-10-12 12:16
In 1956, when the life insurance industry was nationalized, Parliament directed the LIC to take the message of life insurance to every part of the country. It also directed the Government to… Read More
2017-09-26 12:35
On every investment site you will get lots of ideas about investment. Adviser or Planner will come with you some unique ideas and suggestions. Today I came with one funny investment ide… Read More
2017-09-20 06:00
LIC has comes up with some new features with Lic’s e-service. You can register your policies at LIC portal with some simple steps and save lots of time.Lic’s e-service… Read More
2017-03-21 07:09
Financial Year is going to close. All Income tax Assesses are in hurry about their tax assessment. Getting sure about done adequate investment (Limit U/s 80C Rs.1,50,000/-) to cla… Read More
2017-03-08 10:26
Here I am giving you list of all LIC India branches situated in Delhi. It will help you to find its address as well as email ID to communicate with your home branches or servicing bran… Read More
2017-03-03 11:38
LIC agents main earning is commission. So, Income Tax Department allows some relief to favour Insurance agent. But this relief is for small commission earning agent. If commission earned fro… Read More
2017-02-28 06:55
Health is Wealth or You may say Health is the greatest assets for a human being. Our overall health is severely affected by our lifestyle. Unhealthy Eating Habits, Lack of Adequate Sleep, St… Read More
2017-02-23 10:48
Many question arise about "can we take benefit of paying service tax paid on Insurance Premium!" If we check insurance premium receipts properly we get that the we pay three cost heads; Net… Read More
2017-02-19 05:50
LIC Bond is the written contract form between insurer and insured, it is the most important documents from LIC point of view. And it is the main evidence for the policy holder that they are… Read More
2017-02-17 12:54
A life insurance policy in which if all the premium payments are complete till some specified period and insured person is free of all payment obligations and the policy stays intact until i… Read More
2017-02-10 09:37
Every investment allows you some rights to exercise. Here below i am listing some rights to exercise when you go for insurance or investment. 1) Right To Have Insurance Policy : … Read More
2017-02-08 11:27
Every citizen have some financial duties and rights that they should know but most of them are unknown to it. We have listed some are here Financial Duties here for your information.(1) Duty… Read More
2017-02-06 11:33
What is NACH : The National Payment Corporation of India (NPCI) has implemented an electronic payment service termed as National Automated Clearing House (NACH) for banks, financial institut… Read More
2017-02-03 12:23
The Insurance Act allows the holder of a life insurance policy to nominate, on his own, a person or persons to whom the money shall be paid in the event of his death while effe… Read More
2017-02-02 12:30
As per Budget 2017 proposed by our Fin. Minister on 01.02.2017 new revised income tax rates in case of every individual (other than those mentioned in (ii) and (iii) below or… Read More
2017-01-19 05:14
What is Claim in Insurance?Let’s talk about claim. Claim is the demand that the insurer (i.e. LIC of India) should redeem the promise made in the contract. Then the insurer settle the… Read More
2017-01-17 10:12
Earlier we says for Insurance nowadays we also add Insurance with Tax Savings. Mostly people invest for tax saving purpose. And before taking any insurance plan peoples ask how much tax bene… Read More
2016-12-29 11:04
UTR is describe as Unique Transaction Reference Number that is generated in RTG/NEFT system for uniquely identifying any transaction. The format of UTR is predefined and is generated by the… Read More
2016-12-28 12:37
It again time to recalculate our Income Tax liability on the basis of our Net Total Taxable Income. Tax is calculated on the basis of Income Tax Rate announce by Government every year in the… Read More
2016-11-08 09:36
Fundamentals/Checklist of financial planning :-1. 30 % of your income must be used for monthly living expenses.2. 30% of your income must be used for Liabilities repayments… Read More
2016-10-17 12:06
Excellent service !!Dial * 99# to do basic Banking instantly. One can check balance for accounts, mini statement where the mobile number is registered & no internet required. … Read More
2016-08-11 09:42
A Unit Linked Insurance Plan (ULIP) is a product offered by insurance companies that unlike a pure insurance policy gives investors the benefits of both insurance and investment under a sing… Read More
2016-07-30 10:03
Did you missed to file Income Tax Return in Time or thinking that I have Refund / Zero Tax so I can file my ITR upto 31st March. Failing this you are also loosing some benefit / facility als… Read More
2016-07-29 07:07
One of the best family floater plans available in cashless health insurance (Mediclaim) sector : -Some Points to Know before buying this policy :-* Single policy, wider coverage for who… Read More
2016-07-09 08:26
Deduction U/s 57 of Income Tax Act, 1961 for Income earned by LIC agent as Income From Other Sources :-The benefit of ad hoc deduction to Insurance agents of the Life Insurance Corporation h… Read More
2016-05-18 05:34
In day to day transaction, we do some transaction which may attract Income Tax Department to serve you a notice ask about. But we always want to keep an Arm’s Length Distance from the… Read More
2016-05-16 05:29
LIST OF ALTERATIONS, WHICH ARE PERMISSIBLE WITH LIC POLICY:-(1) In class (plan) or term.(2) Reduction in sum assured. *Alteration in above case is allowed if basic risk… Read More
2016-05-12 11:59
LIC revised rate of interest chargeable under various financial transaction for the financial year 2016-17 vide circular ref no.ACTL/PS/2224/4 Dt.18th April 2016Details are here as follows :… Read More
2016-05-04 04:45
Why we are thinking to surrender the policy while we take it to secure future from financial Problem or Unexpected other risk. Some time we take to save tax U/s.80C also. REASON TO SURRENDER… Read More
2016-05-02 04:57
Dear FriendsNew Service Tax effects..... As on 19th April & From 1.06. 2016 &n&hell…Read More
2016-04-29 12:17
Dear Friends !Now a days there are lots of company who are dealing in insurance business. But who will fulfill their commitment we don't know.Suppose we took a health plan ( medical insuranc… Read More
2016-04-29 12:17
Rising health care costs are punching a big hole in our pocket & savings. Just paying a small insurance premium are the best solution for the future (if any) financial losses. So, just a… Read More
2016-04-27 12:53
Knowing tax rates will help to invest proper to save tax and save money. Here it is listed for your help. Check your taxable limits and tax exemption limits. Income Tax Slabs & Rate… Read More
2016-04-20 12:26
OLD INDIAN CURRENCY SYSTEM..Phootie Cowrie to CowrieCowrie to DamriDamri to DhelaDhela to PiePie to to PaisaPaisa to Rupya256 Damri = 192 Pie = 128 Dhela = 64 Paisa (old) =… Read More
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