• Corporate Office: Door No.1106, First Floor, MGR illam, CSR Colony, Sungam, Ramanathapuram, Coimbatore - 641045.
  • Support +91 94424 12335

Latest News

Term Insurance: How to buy the right term insurance plan

There are some pivotal issues to keep in mind when you buy a term plan so that the claim is not denied.

Access Denied

Access Denied

RBI to continue or hit the pause button on rate hike? - The Economic Times

RBI is expected to pause the rate hiking cycle in the February meeting and will maintain the repo rate at 6.25 per cent for extended period. It might also change the policy stance to neutral.

Access Denied

Access Denied

Access Denied

Budget 2023: Insurers hope for tax concessions to underwrite industry's growth - The Economic Times

Scrapping or slashing of Goods and Services Tax (GST) on insurance premiums, making pension/annuity proceeds tax-free, and creating a separate category for tax deduction for premium paid are some of the budget wishlist of Indian insurers.

Access Denied

Term insurance | Home Loan: Term insurance versus home loan protection plan: What is more useful

Premium for a term insurance plan is higher but it will be more useful.

Access Denied

budget: Increase tax rebate benefits for consumption expenditure in Budget, says PHDCCI - The Economic Times

It highlighted that the tax rebate on purchase of self-occupied house which currently stands at Rs 2 lakh needs to be enhanced to Rs 5 lakh with the wider scope of consumption expenditure such as purchase of more than one house, purchase of car, along with other durables

Access Denied

Capital tax Budget announcements: Union Budget 2023: The road ahead for India's complex capital gains tax - The Economic Times

Union Budget 2023: Guided by various policy considerations over the years, capital gains taxation in India has become a complex maze. At present, there is a lack of consistency in tax rates or holding periods of different types of instruments falling within the same asset class. For instance, the sale of listed equity shares or units of equity-oriented fund attracts a 10% long-term capital gains (LTCG) tax and the holding period for the long term in this case is 12 months.

Access Denied

TDS: How to avoid higher TDS on salary - The Economic Times

The tax on salary is deducted under section 192 of the Income-tax Act, 1961. It is important for an employee to submit certain documents to avoid excess TDS especially before the deadline mentioned by your respective HR.

gpf: Centre retains 7.1% interest rate on GPF for Q4 - The Economic Times

The rate is valid from January 1, 2023, to March 31, 2023, the finance ministry said in a notification. The rate will be in force with effect from January 1, 2023, it said.

Access Denied

GST not payable on house rented to proprietor for residential purpose: CBIC - The Economic Times

Ethyl alcohol supplied to refineries for blending with motor spirit (petrol) will attract 5 per cent GST from January 1, lower than the 18 per cent currently. Also, tax rate on husks of pulses has been cut to nil, from 5 per cent.

Access Denied

Access Denied

Access Denied

NPS partial withdrawal rule to change for these subscribers from January; know what’s new - The Economic Times

PFRDA has said that the online partial withdrawal facility from NPS through self-declaration will no longer be available for govt sector subscribers, starting from January 1, 2023. All you need to know about the changes in NPS partial withdrawal rule

Access Denied

crypto exchanges: ED attaches Rs 907 crore, arrests 3 in relation to money laundering by crypto exchanges - The Economic Times

Minister of State for Finance Pankaj Chaudhary said Central GST officers have detected Goods and Services Tax (GST) evasion worth ₹87.60 crore by 12 crypto exchanges. Recovery of ₹110.97 crore, including interest and penalty, has been made.

Access Denied

Access Denied

Access Denied

India-China trade jumps thwarting PM Modi’s self-reliance drive - The Economic Times

​Despite those curbs, imports from the Asian giant have ballooned, out-pacing exports handily. As such, Indias trade deficit with China in the first seven months of the current fiscal at $51.50 billion, the data showed. This compares with a reading of $73.31 billion for the entire fiscal ending March 2022.

Access Denied

rbi: Data available on crypto is misleading, says RBI Deputy Governor T Rabi Shankar - The Economic Times

The Reserve Bank of India (RBI) Deputy Governor T Rabi Sankar on Saturday called data available on cryptocurrency misleading and said that rules relating to such digital currencies must be made based on clear understanding of what they (digital currencies) are and how they work.