RETURNS FROM LIC
Save income tax with medical expenses: Claim deduction while filing ITR u/s 80DD and 80U on treatment cost of a disabled person Income tax return filing: You are eligible to claim a tax refund for expenses incurred for a disabled person including medical treatment. These deductions can be claimed either under section 80DD or 80U. However if the disability is autism, cerebral...
13 Jul, 2024, 09.00 AM ISTModi will likely depart from privatisation plans, will overhaul state-run firms UNION BUDGET: India plans to overhaul over 200 state-run firms to boost profitability, moving away from aggressive privatisation due to slowed progress and increased political resistance. The new strategy, expected to be announced in the July 23 bud...
12 Jul, 2024, 01.35 PM ISTSell LIC policy and 'get money in 48 hours with life cover till maturity': Looks attractive? But beware of legal aspects, other rules LIC policyholders looking to exit their policies can now consider a new option — ACESO's ALIP. This plan allows policyholders to surrender their LIC policy to a Trust and get the surrender value within 48 hours, while still retaining the life cover ...
08 Jul, 2024, 05.35 PM IST- ADVERTISEMENT
Income Tax Return Filing 2024: Steps to file ITR without form 16 ITR filing: Some employees who receive a salary and self-employed individuals may not get Form 16. This can cause confusion when filing their Income Tax Return (ITR) because Form 16 is an essential document for this process.
08 Jul, 2024, 02.16 PM ISTLIC raises stake in IDFC First Bank by 0.2% to 2.68% via private placement IDFC First Bank has underperformed in the market over the past year, gaining only 3% and declining 8% year-to-date. The stock is currently trading 24% below its 52-week high of Rs 100.74.
04 Jul, 2024, 07.46 PM ISTInfra and defence mutual funds dominate returns chart in first half of 2024 The first half of 2024 showcased the dominance of infrastructure and defense-based mutual funds in the market. While some international funds faced challenges, strategic investment decisions were crucial. Diverse performances emphasized the need for...
27 Jun, 2024, 11.46 AM ISTIn 10 years, India no longer a charity case, it's the driving force of world economy: Sanjeev Sanyal There are no such things as poor people. They are poor places. Say two brothers grew up in Moradabad. One of them stays back in Moradabad and another went off to Dubai. After five years, one person will be earning a lot more than the other. Why does...
25 Jun, 2024, 03.57 PM ISTNifty charts projecting 25,200 by December, says ICICI Securities. Top 94 stock picks ICICI Securities' technical analysis forecasts Nifty reaching 25,200 by December 2024, supported strongly at 22,200. Midcaps and smallcaps indices are in a structural uptrend, expected to gain over 16% by year-end.
25 Jun, 2024, 01.51 PM ISTLow chances of Nifty Bank exceeding 51,000-level this week: Anand James A new peak on Friday was not surprising, given the fact that 88% of Nifty constituents had started the day at the highest in 30 days. Most other sectors were also showing similar trends, except for PSU banks and metals
17 Jun, 2024, 10.11 AM ISTBuzzing! Insurance stocks in focus after IRDAI increases surrender value Insurance stocks rose up to 3% after IRDAI increased surrender values for non-linked products, affecting insurers like LIC, HDFC Life, and Max Life. Shares of LIC, HDFC Life, and SBI Life were up on BSE. Nuvama awaits more details from companies nex...
13 Jun, 2024, 11.59 AM ISTLIC Mutual Fund changes name of schemes and benchmarks The fund house informed about this change through a notice cum addendum to its unitholders. The changes will be effective from June 1. The fund house also said that consequent to the change in the name of the benchmark as stated above, the name of t...
30 May, 2024, 06.00 PM ISTLIC Mutual Fund changes name of five schemes LIC Mutual Fund has announced the name change of its five schemes which include debt and equity schemes.
27 May, 2024, 05.43 PM ISTThis LIC life insurance policy launched in February 2024 was withdrawn on April 1: Check surrender rules LIC Dhan Vriddhi plan provides financial support for the family in case of unfortunate death of the life assured during the policy term. It also provides a guaranteed lump sum amount on the date of maturity to the life assured.
22 May, 2024, 11.34 AM ISTSBI PSU Fund adds IEX in April, raises stake in LIC, SAIL and 2 more stocks SBI PSU Fund Reg(G), a top performer in equity mutual funds, bolstered its portfolio by adding Indian Energy Exchange (IEX) shares and increasing stakes in Bank of India, LIC, NALCO, and SAIL.
15 May, 2024, 11.42 AM ISTAkshaya Tritiya today: Gold ETF AUM doubles in 3 years to Rs 33,000 crore Gold ETFs have seen exponential growth, with assets doubling to Rs 33,000 crore in three years. In the last one year, gold ETFs have offered an average return of 15.47%.
10 May, 2024, 12.55 PM IST17% wage hike bump unlikely to deter LIC stock, analysts see room for returns LIC shares have risen 6% to Rs 972, surpassing IPO price. The 17% wage hike may cost shareholders Rs 4,000 crore yearly. Long-term prospects though are promising for the Indian insurance industry. The current levels may present an opportunity for lo...
03 Apr, 2024, 02.35 PM ISTThis large cap mutual fund gave 15% returns in three years; should you invest? ICICI PRU BLUECHIP: The biggest offering in its category, this large-cap fund emphasises on individual stock selection for outperformance rather than taking bold sector calls. It avoids the ‘growth at reasonable price’ segment and prefers a mix of i...
01 Apr, 2024, 06.30 AM ISTCorrections are short term, focus on fundamental tailwinds: Banking stocks that may deliver more than 20% returns Why should the decision which traders take, should not be copied by investors? Simple, traders are looking to generate income from short term movement in stocks, whereas investors focus has to be generating wealth from long term trend in growth of b...
27 Mar, 2024, 02.29 PM ISTHow much returns can you expect from your life insurance policy; how to calculate There are also portfolio trackers that tell you how your investments have performed. However, calculating the return from your insurance policy is not so easy. The only option for a buyer is to do the calculation himself. Know how to calculate retur...
25 Dec, 2023, 06.30 AM ISTHave a life insurance policy that does not suit your need? How to find out and get rid of bad insurance covers The assured returns and enormous maturity amount of life insurance policies look tempting to many. Topping the list is the need to save tax. Whatever be the reason, millions of Indians are holding life insurance policies that don’t suit their needs....
25 Dec, 2023, 06.30 AM IST