Category: News

Latest news in India about finance, banking and insurance

नहीं देगी LIC आपके पैसे अगर…

अगर आपने भारतीय जीवन बीमा निगम (LIC of India) के पॉलिसी धारक है तो आप यह खबर आपके लिए है. LIC ने पॉलिसी धारकों को सूचित किया है कि अगर आप अपनी पॉलिसी के अंतर्गत भुगतानों जैसे मनी बैक, मातुरित्य…

Insurance Repository System

Insurance Repository system for individual policy holders is a pioneering initiative of India’s Insurance Regulatory and Development Authority (IRDA), the first of its kind in the world, as part of its efforts to improve services to policy holders and Insurance…

How much tax do infra bonds really save?

The IDFC Infrastructure Bonds issue joins five other issues this financial year. A similar issue by Rural Electrification Corporation is already open. By investing in these products, taxpayers can claim a deduction of up to Rs 20,000 under Section 80CCF. This is above the Rs 1 lakh invested under Section 80C. While you save tax, your real returns may not be as high or precise as those being projected by some brokers. So before you rush to invest in the issue, here are a few points to ponder.