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What to do if you get a scrutiny notice from the tax department

What to do if you get a scrutiny notice from the tax department

Some of the taxpayers who have reported capital gains are getting scrutiny notices from the tax department asking for more details regarding these transactions.

  Published on: 07/08/2020     Source: Livemint
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No extension of loan moratorium, but RBI introduces debt resolution plan for eligible borrowers

No extension of loan moratorium, but RBI introduces debt resolution plan for eligible borrowers

Mumbai: The RBI on Thursday said it will provide a debt resolution window to enable lenders to implement a resolution plan in respect of eligible corporate exposures as well as personal loans, keeping the ownership unchanged, and without classifying them as non-performing loans.

  Published on: 07/08/2020     Source: The Economic Times
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Nominees have first right over life insurance claims, not legal heirs

Nominees have first right over life insurance claims, not legal heirs

If an immediate family member is made the nominee, then the proceeds will go to the intended person

  Published on: 06/08/2020     Source: Livemint
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Life insurance: Physical signatures not required to buy a new policy

Life insurance: Physical signatures not required to buy a new policy

Insurer can send the completed proposal form to the customer's registered e-mail ID or mobile number in the form of an e-mail or a message with a link The customer can then give his consent by clicking the confirmation link or by validating the OTP shared

  Published on: 06/08/2020     Source: Livemint
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Mediclaim vs health insurance: 5 differences that you just cannot afford to ignore

Mediclaim vs health insurance: 5 differences that you just cannot afford to ignore

Do you know the difference between a ‘Mediclaim’ and ‘Health Insurance Policy’? These two are being used interchangeably. Although, both these terms are used in the context of hospitalisation and medical expenses, they are two very different protection plans. Read this space to know how

  Published on: 05/08/2020     Source: Zeebiz
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LIC's new business premium jumps 25% in FY20

LIC's new business premium jumps 25% in FY20

New business premium income of LIC's pension and group superannuation business reported nearly 40% growth

  Published on: 04/08/2020     Source: Livemint
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 LIC’s new premium income soars 25.2% to Rs 1.78 lakh crore in FY20

LIC’s new premium income soars 25.2% to Rs 1.78 lakh crore in FY20

LIC continues to be the dominant life insurer with a market share of 75.90 per cent in policies and 68.74 per cent in first-year premium, it said in a statement on Thursday.

  Published on: 30/07/2020     Source: Financial Express.
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Can guaranteed insurance products ensure stability to your portfolio?

Can guaranteed insurance products ensure stability to your portfolio?

There is a saying – “Don’t put all your eggs in one basket”. Similarly, in your investments too there is a need for diversification through investment in different product categories.

  Published on: 30/07/2020     Source: The Economic Times
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LIC's portfolio up 34% in FY21 at Rs 5.79 trn; RIL, Infy top contributors

LIC's portfolio up 34% in FY21 at Rs 5.79 trn; RIL, Infy top contributors

The study is based on 351 companies' data from Capitaline Plus, where LIC held over 1 percentage point stake in the June quarter. These companies accounted 72% of total m-cap of BSE-listed companies

  Published on: 30/07/2020     Source: Business Standard
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