HDFC Life launches video life certificate facility for pensioners
A life certificate is a document that needs to be submitted by annuitants to continue receiving their annuity, without interruption. The life certificate needs to be submitted at specified time intervals after getting it verified from a bank.
NHAI to check on liquidity of banks before HAM projects
The NHAI will soon call a meeting with banks to ensure that there are sufficient fund...
We need to use tricks to help people make the right financial decisions: View
Just spreading awareness is perhaps not enough to get people to...
Is the LIC annuity from employer superannuation scheme eligible for standard deduction?
Dilip Lakhani, Senior Chartered Accountant, answers queries from our readers on income tax and other levies.
Persistent Systems shifts focus to long-term contracts
Persistent systems is transitioning to more long term contracts under the charge of their new CEO
Interest rates are falling: Retirees need to lock into higher rates now
Use the gap between the fall in 10-year yield and fall in yields of other products to lock into higher rates.
HDFC Life Q1 net profit rises 11.8% on new business growth
On Tuesday, shares of the company closed 3.69 per cent higher on the Bombay Stock Exchange at Rs 508.6.
How did the month of June pan out for the infrastructure sector and what's in store for the future
Despite a new year and the new budget, the general tone with regard to financing of projects is largely the same.
Construction cos prefer pure EPC jobs to annuity projects
The key reason for this shift is the inability to secure financial closure for existing HAM projects.
'Rising debt levels, soaring land prices may force NHAI to go slow on new projects'
The rating agency Crisil expects the awarding of all hybrid annuity model (HAM), EPC and build-operate-transfer (BOT) road projects to moderate to 12,000-13,000 km over fiscals 2020 to 2022 compared with 14,000 km over fiscals 2017 to 2019. In September this year, the PMO wrote a letter to the NHAI outlining suggestions for reorganising its portfolio.
Tax queries: Annuity received on a periodic basis is taxable as an income under the head ‘Salaries’
Dilip Lakhani Senior Chartered Accountant, answers queries from our readers on income tax and other levies.
What is tax liability if I surrender my insurance policy before maturity?
If you surrender the policy and opt out of the annuity scheme, the entire sum received by you from the insurance company will be treated as income.
Hike investments periodically? Here's how to calculate maturity value
Knowing what the maturity value will be when one hikes investments regularly can help plan finances better.
Deferred payout from insurance plans is tax free: Should you invest in these plans?
Though deferred insurance payout plans are tax-free, investors should consider several other factors before investing in them.
NPS funds seek stable growth, don’t chase spectacular returns: Hemant Contractor, PFRDA
"We are looking for stable growth, not spectacular returns. In the search for higher returns, we should not dilute the investment norms."
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