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Most people will do anything to minimize their taxes. In fact, the urge to save taxes at such times is so strong that people end up investing in the first tax-saving option, they come across.
One of the best financial instruments to accumulate wealth are mutual funds.
Determine how much tax you need to pay in a year with our income tax calculator.
Life Insurance
Feb 13, 2020 | Read Time: 3 Minutes
36% of Indian families with children consider a term plan to be their first choice when it comes to purchasing life insurance. While only 29% of those without kids realised the importance of life insurance,… Read MoreTerm Insurance
Feb 13, 2020 | Read Time: 3 Minutes
Term insurance serves as a financial cushion by offering coverage in case of the policyholder’s demise. However, unlike life insurance, term insurance provides coverage for a predetermined duration. Term insurance comes with a host of… Read MoreLife Insurance
Feb 13, 2020 | Read Time: 3 Minutes
2019 turned out to be a favorable year for life insurance companies in India. Data from the Insurance Regulatory and Development Authority of India(IRDAI) reveals that a 41% growth in the annual premium of individual… Read MoreSavings and Tax
Feb 13, 2020 | Read Time: 3 Minutes
There are various milestones in life that we can prepare for, but it is just as important to be prepared for the unexpected. That is why life insurance policies are always highly recommended as an… Read MoreClaims
Feb 13, 2020 | Read Time: 3 Minutes
If not done right, claim settlement can be a long and tedious process. The Insurance Regulatory and Development Authority of India (IRDAI) reports that while the average claim-settlement ratio of insurance providers in India has… Read MoreSavings and Tax
Feb 06, 2020 | Read Time: 4 Minutes
Filing season is later in the year but it's never too late to refer to 2020’s income tax guide. More and more Indians have started paying income tax in the last few years. From 2013… Read MoreSavings and Tax
Feb 05, 2020 | Read Time: 4 Minutes
Income Tax in India Benjamin Franklin had this to say regarding taxes, “In this world nothing can be said to be certain, except death and taxes”. Every person who earns an income, salary, property, business… Read MoreSavings and Tax
Feb 05, 2020 | Read Time: 4 Minutes
Introduction to Income Tax Act Income tax as a concept has been present in India for many years, but James Wilson who became India’s first finance (British) member introduced the first modern Income Tax Act… Read MoreSavings and Tax
Feb 05, 2020 | Read Time: 5 Minutes
Taxation is a critical component of every functioning economy. It is impossible to run a government without revenues and the bulk of government revenues comes from various types of taxes. There are broadly two types… Read More
