The Central Government Health Scheme has introduced new rules, which took effect on April 1. Central employees must link their health scheme ID with their Ayushman Bharat account; the deadline is April 30. To link their CGHS ID with ABHA ID, employees under the health scheme must follow a process outlined in an office memorandum … Read more
As taxpayers, we have recently entered the new financial year 2024-25, which started on April 1, 2024. This means that we need to be aware of some new changes and important financial deadlines. It’s a good time to review our financial situation and plan for the coming year. We need to make important decisions regarding … Read more
The Insurance Regulatory and Development Authority of India (IRDAI) has announced that digitising insurance policies will be mandatory starting April 1st in the new financial year. This means that all insurance companies, including life, health, and general insurance, will have to offer e-insurance policies. The e-insurance policies will be saved electronically in an e-insurance Account … Read more
The Central Board of Direct Taxes has released a notification regarding the new ITR Acknowledgement form, which includes the ITR-5 form. However, the ITR-5 form has undergone significant changes this year, and taxpayers need to read and follow the instructions carefully. According to the e-Gazette portal, the CBDT has issued this notification by amendments to … Read more
Senior Citizens are eligible to get the Highest Tax-Saving opportunities through Tax Saver FD. They can earn Interest up to 7.75% from various leading public and private sector banks to save tax under the Income Tax Act section 80C. Investment schemes are available to save tax. You can choose from mutual funds, central government schemes, … Read more
Banks currently offer high interest rates on fixed deposits, enticing more people to invest in them. However, it’s important to know that fixed deposits come with some disadvantages. While they offer good returns with no risk, the returns are taxable, and the post-tax returns are much lower than advertised. Additionally, there are better options than … Read more
The Atal Pension Yojana is a scheme offered by the Central Government that provides a monthly pension of Rs. 5 thousand. This pension is intended to provide financial security to workers in the unorganized sector after they retire, as they do not have access to such pension facilities. To join the scheme, unorganized sector workers … Read more
Income Tax Department Section 80C, 80G and 80GGA Offered various tax benefits on donations to charitable organizations; everyone must be aware of the Section 80C, 80G and 80GGA Acts before clime tax benefits. Many people may not be aware that donors can avail themselves of tax saving benefits on donations. The Indian Income Tax Act’s … Read more
The Tata Group is no exception to this trend, and investors are anxiously waiting for a series of IPOs from the TATA group in the next 2 to 3 years. Investors eagerly await IPOs in the stock market, as they often offer bumper returns in the listings themselves. According to some executives related to this … Read more
A PAN card is considered one of the most crucial documents for Indian citizens. It is mandatory for various transactions like opening a bank account, buying a vehicle, or purchasing any property. However, it is important to take necessary precautions while using the PAN card; otherwise, you may be fined up to Rs. 10,000. One … Read more