Leave Travel Allowance (LTA) is the most common element of compensation adopted by employers to remunerate employees due to the tax benefits attached to it. Section 10(5) of the Income-Tax Act, 1961, […]
How to avail tax exemption on travel allowance?
Start early…from tomorrow itself
While there is relief that things are over for one more financial year, it’s important that mistakes made last year are not repeated next year. The reasons are many. For one, last-minute […]
Read your health policy with care
When it comes to health insurance plans, most of us have learnt it the hard way! That’s where reading the policy fineprint comes handy, especially the diseases excluded from the plan (exclusions). […]
Saral-II makes filing tax return easier
The Central Board of Direct Taxes has come out with a new income-tax Form Saral-II which aims to make the process of tax return filing easier for individual taxpayers. The Form is […]
Highest NAV ULIPs: Should you invest?
THERE is a frenzy in the market today regarding a category of ULIPs or insurance schemes called ‘Highest NAV Guaranteed’ product. This has a nice ring about it, but does it make […]
ELSS mutual fund – An investor’s delight
Most of the tax saving instruments that fall under Section 80C is saving oriented with returns after adjusting for inflation. The exceptions are the the ELSS (Equity linked savings scheme) mutual funds. […]
LIC stands to gain in regulators’ turf war
LIFE Insurance Corporation is likely to gain marketshare if the dispute between Sebi and Irda over Ulip regulation is not resolved. Given the uncertainty, buyers may be more comfortable with conventional products […]
Plan your Taxes Early
If you have just finished your tax-related investments in March, this article is for you. Often taxpayers postpone their taxes until March. Many end up blindly purchasing any tax-saving product, such as […]
Get the maximum out of your health policy
For most health insurance buyers — a mediclaim policy is equated to a cover for hospitalisation costs. Few know that health insurance covers are designed to cover pre- and post-hospitalisation expenses as […]
How to choose your Financial Advisor
Over the years and in the course of my work, I have had the opportunity of meeting different sets of investors, who could be broadly classified in two groups – the discerning […]
V-Secure Investments 