Personal Finance

Jeevan Utsav

LIC’s New Jeevan Utsav: A Smart Step Towards a Worry-Free Retirement

Planning for a secure and comfortable retirement involves making strategic financial decisions that ensure a steady income stream throughout one’s golden years. One such prudent choice is incorporating guaranteed return whole life insurance plans into your retirement portfolio. The Life Insurance Corporation of India (LIC) has introduced the New Jeevan Utsav Plan 771, a whole […]

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LIC’s New Jeevan Shanti: Guaranteed Lifetime Income with a One-Time Investment

LIC’s New Jeevan Shanti Plan no. 858 is a deferred annuity plan for guaranteed income for life by paying a single premium. It is an annuity plan (Pension Plan) which has option of purchasing deferred annuity (Pension) and can be purchased by paying a lump sum amount (single premium). The plan provides for annuity payments

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Everything about NPS

Everything about NPS

National Pension Scheme (NPS) is a voluntary and long-term investment cum pension plan launched by the Government of India. This scheme is regulated and administered by the Pension Fund Regulatory and Development Authority (PFRDA). This pension programme is open to employees from the public, private and even the unorganised sectors except those from the armed

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HUF and saving tax

What is HUF and how you can save additional tax with HUF?

HUF – ‘Hindu Undivided Family’ is a unit comprising of the members of the family that is formed in a family following Hinduism, Sikhism, Buddhism, Jainism only. HUF is a separate entity having its own assets and liabilities and is considered as a separate accessee while filing income tax and thus provide opportunity to save

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