Category: Investment & Taxation

Health Insurance Policy

Claiming Tax Benefits in a Multi-year Health Insurance Policy

Health insurance is the most sought after insurance product in the Indian market and the demand for health insurance has increased after the Covid-19 pandemic. The ever rising hospitalization expenses have also made people think about taking a health insurance plan as one hospitalization can push a middle class family to poverty. Keeping the hospitalization […]

image of clock - NATIONAL PENSION SCHEME

National Pension Scheme

How the National Pension Scheme (NPS) Evolved into a Retirement Savior. Some time in 2019, an app was in vogue. The app could show you how you would look 20, 30 or even 40 years into the future. People took to social media with disbelief – they were unable to picture themselves in the future. […]

Old Tax Regime OTR and New Tax Regime NTR

Which Tax Regime is more appropriate for you? The Old Tax Regime (OTR) or the New Tax Regime (NTR)?

The Indian tax landscape has seen some significant changes in recent years, particularly with the introduction of the New Tax Regime (NTR) in 2020. While the Old Tax Regime (OTR) continues to exist, taxpayers now face a crucial decision: which regime best suits their financial needs? Choosing the right one can significantly impact your final […]

save tax under section80D

How to use Section80D to save maximum tax?

We are allowed to claim a deduction of Rs.25K from our taxable salary for the Mediclaim Insurance premium. But so many of you will be covering yourself (including spouse and kids) within Rs.10K to 15K only. You can utilize the balance benefit by purchasing an Outpatient benefit Insurance policy. For example, let’s say your Mediclaim […]