This post is a review of New LIC policy Jeevan Utkarsh. You may be wondering whether this insurance policy is a right choice to you. The insurance agent must be trying hard to sell you but you want a second opinion. In fact, you want to understand the positives and negatives of this policy. I… [Continue Reading]
Gratuity is a mark of recognition to your long service. Learn the gratuity rules, eligibility, gratuity formula, and gratuity taxation in a nutshell.
Now You may get a higher gratuity at the time of leaving the job. The government has relaxed the tax-free limit of the gratuity. As of now, there is not tax on gratuity upto ₹10 lakhs. Thus, employers limit the gratuity payment up to ₹10 lakhs. But now government is increasing this limit up to… [Continue Reading]
It is difficult to get premium calculator of LIC Jeevan Utkarsh. At the time of writing this post, I did not find the premium calculator for Jeevan Utkarsh. You would not even find the Tabular premium of the plan. In fact, LIC does not publish the tabular premium at the website. While tabular premium is… [Continue Reading]
LIC India has launched another insurance plan Jeevan Utkarsh in 2017. Like most of the insurance policies of LIC, this policy is a mix of investment and insurance. The LIC Jeevan Utkarsh is a relatively short term policy and also open for the limited period. Like all other insurance policies, it also gives tax benefit and… [Continue Reading]
The EPFO is getting tech savvy day by day. Now it is planning to go paperless. It means all the EPF related services would be online. You have not to deposit any document or form. The PF commissioner V P JOY has said that “The EPFO has set a target. We have decided to make… [Continue Reading]
PPF account transfer is very much possible, but it is not as easy as transferring a saving bank account. However, there may be genuine reasons to transfer a PPF account. As the PPF account has many benefits, you should keep it active and transfer it whenever required. You can transfer your PPF account after some paperwork.… [Continue Reading]
EPF balance is your retirement corpus in India. You and your employer contribute regularly to build the EPF balance. The Status of your EPF account balance shows the situation of your retirement planning. Thus, it is always good to regularly check your PF balance status. EPFO has launched many facilities of EPF balance enquiry. In fact, it… [Continue Reading]
You can easily efile income tax return, but some mistakes can put you in untoward situation. It s better to remain cautious while you file income tax return
Revised income tax return can be filed very easily. It can be filed online within 15 minutes, only you have to take care of some points.