The increasing medical inflation has necessitated the need for an adequate sum insured in your health policy to battle multiple unexpected medical expenses within the same policy term.
UPI Money Transfer: The Reserve Bank of India (RBI) has issued guidelines for such cases where one can retrieve money from unintentional transactions through digital services. Check them out here.
LIC Dhan Varsha Plan: If, for instance, a customer had paid a single premium of Rs 10 lakh, his nominee would receive Rs 1 crore with a guaranteed bonus in the event of an untimely death
The surcharge amount is calculated on the tax before adding a cess to it. It is levied to put a high tax burden on rich people. This is how you can calculate it.
SBI Video life certificate: With the new facility, pensioners can now submit their life certificates via video call with an SBI official using a smartphone, or a tablet, or a laptop or PC using a web camera and headphones with stable internet connectivity.
While using personal savings keeps you away from the worry of paying it back, it comes along with the burden of emptying out the retirement savings of your parents.
In March this year, the EPFO declared that it will offer an interest rate of 8.1 per cent, the lowest in the last 40 years, for the last financial year.
While there is no hardbound rule for effective succession planning for making it successful one needs to customise it in accordance with the needs of the organization and the interests of all the key stakeholders.
Assuming the annualised price growth of 11 per cent on gold in the past 5 years and expected yield between 3-6 per cent, the company aims to offer 14 to 17 per cent.
The gold industry is integral to the Indian economy, contributing 1.3 per cent to Indian GDP but it is still fragmented, dominated by small and medium-sized enterprises, states a latest report by World Gold Council (WGC)