A career as an insurance sales agent gives an opportunity to earn by using your network of friends and family. The best part is flexible working hours and the privilege of having a second income and being your boss. If you too have been willing to be an insurance agent here are the options available …
Want to be an insurance agent and preparing for the exam? Here is what you should know about the examination as granted by Insurance Regulatory and Development Authority of India (IRDAI). The basics of insurance The first concept which you should understand is the purpose and meaning of insurance also how it works. You should …
An all comprehensive checklist for your entire insurance needs —both life and general. This is the master list that you will ever need!Some of the most common insurance policies, such as life insurance policy, health insurance policy, motor insurance policy and travel insurance policy, need to be reviewed periodically as any changes in the circumstances …
Through efficient tax management system, you save your taxable income under different sections of Income Tax Act. Here are details related to Section 80 of the Income Tax Act. Paying tax on your earned income is necessary, but the Income Tax Act also allows you certain deductions and exemptions from your taxable income. These deductions …
How to Manage Your Taxable Income Through Section 80? Read More »
File your tax returns, understand all the requirements and the steps involved. Here are some detail related to ITR which you need to know. Once you calculate your income tax, the next step is to file your tax returns. For filing your returns, you should know the different ITR Forms and other forms which would …
Now that you know what income tax is and the various heads of income, the next step is to calculate your income tax. Income tax is calculated on your total income. There are tax slabs, which are fixed by the Finance Ministry. These slabs might change, and such changes are communicated in the Union Budget …
Everyone pays taxes on goods, services and also on their income. But, do you understand the tax you pay and why you pay it? In India, there are two types of taxes: direct tax and indirect tax. Direct tax Direct tax means a tax where the incidence of tax and its impact are on the …
While the physical protection offered by a helmet cannot be denied, you will need a valid insurance for covering you against financial liabilities. Given below are insurance options you should consider. Nikhil, an engineering student from Bangalore, was riding to college when a car hit him from behind. His brain was severely injured along with …
Helmets Saves Life, Insurance Saves Liability: Personal Freedom vs. Helmet Laws Read More »
The Goods and Services Tax (GST) is the hottest piece of news in our country now. Every sector of the industry and country is trying to decipher its impact. While the Government of India is touting GST to be the best positive reform with taxation, the common population has mixed feelings about it. What about you? …
Avoiding a face-off with your insurance company due to prolonged court battles? Get speedier and budget-friendly resolutions to insurance conflicts. The Government of India started the Insurance Ombudsman scheme, with a focus on resolving disputes for policyholders. This system ensures efficient and impartial resolution of conflicts. Currently, it is available in 17 different cities. If …
Know Your Rights with the Insurance Ombudsman Scheme Read More »
Interested in knowing the history of insurance in India? Take a journey back in time and learn about the evolution of insurance through the ages. You might not believe it but right from ancient times, insurance has been a part of our Indian culture. Just like banking, investment and trade, insurance too boasts of a …
