The Finance Minister Mr. Arun Jaitley has today declared the union budget for 2018. Some of the key points related to the taxation structure as well as Finance Structure of India are as follows: Financial year targets The Government has an aim for 2018-19 “fiscal deficit” target of 3.3 % of GDP. The revised fiscal… Read More »
Goods and Service tax (GST) have come into effect from July 1st, 2017. This tax reform system has certainly influenced the whole economics of India and almost all the consumer products/services. It is believed to be the biggest tax reforms since India’s independence. Financial experts are stating that, this new system is going to have… Read More »
The Insurance Regulatory and Development Authority of India announced Health Insurance Regulations 2016 on 12th July 2016. Few positives were insured to the individuals to look for. Below is the brief description of these changes: Life Insurance Companies cannot Sell Mediclaim Policies There are two types of health policies in the insurance market. They are… Read More »
Health is the most important aspect of life. Due to the changing lifestyles, health issues have increased and has become complex in nature thus escalate extra financial burden on the family. Therefore it has become vitally important for everyone to have a health insurance. HDFC Life has introduced a health insurance plan and mediclaim policy… Read More »
Health insurance is a method to help reimburse for health care expenditure. Similar to home insurance or car insurance, you can select from an assortment of plans for meeting your budget as well as health care requirements. Apart from this, people think that the health insurance only takes care of the hospital expenses. But in… Read More »
For every couple the happiness of having a child is very huge but it comes with its own expenses. This starts with the maternity expenditures when delivery of baby is happened. Now a days it costs a lot of having a child, birthing and related services. This mainly includes surgery charges and hospitalization. Hence, it… Read More »
Insurance principally means the caring and protecting yourself from monetary loss. Insurance is important because it provides safety, peace of mind, defend mortgage property, encourages saving and many more. In order to claiming funds, you will need to display your relationship to the dead as an executor, recipient or instant family member. Here we are… Read More »
Burial insurance also known as pre need insurance and final expense insurance. This type of insurance makes sure that you funeral expenditures will be compensated for without striking a monetary load on your family. This insurance can also compensate for other expenditures like you credit card debt so your dear ones would not have to… Read More »
Mediclaim insurance is a hospitalization advantage that is provided by both private and public sector insurance companies. This insurance policy take cares of expenditures following hospitalization in case of following conditions: In case of mishap In case of sudden illness In case of surgery during the tenure Features of Mediclaim insurance: It has a wider… Read More »
GST (Goods and services tax) after its passing has changed the tax architecture between center and the state. It is added value tax which will eradicate the flowing effect or double taxation effect on the price of goods as well as service down the worth chain. It is considered that the superior tax rate will… Read More »