Central Government Employees Group Insurance Scheme (CGEGIS) came into force from 1st January,1982. The scheme provides for two fold benefit, viz., (1) insurance cover to help their families and (2) lump sum payment to augment their resources on retirement.
Author: Tarun Bansal Savingwala
Gram Sumangal – Rural Postal Life Insurance Scheme
Gram Sumangal is an Anticipated Endowment Assurance Scheme which is also known as Money Back Policy
Income Tax FAQs – For TRPs and Tax consultants
List of FAQs for TRPs and Tax consultants
How to file tax online?
This is a facility provided to the taxpayers to make income tax payments through internet, using net-banking facility.
Pension Plus
LIC’s Pension Plus is a unique ULIP plan where the minimum rate of interest is guaranteed. This plan is excellent investment towards essential long term financial planning.
Big B named ICICI Prudential Life’s brand ambassador
Megastar Amitabh Bachchan, who endorses a slew of consumer products, has been appointed as brand ambassador of private insurer ICICI Prudential Life Insurance.
Private life insurers fail to meet break-even targets
The Insurance Regulatory and Development Authority (Irda) has said private life insurers have failed to meet the breakeven targets indicated by them at the time of seeking a licence. However, companies have started taking corrective action and have reduced their operating expenses considerably.
PNB interested in insurance sector, seeks JV partner
Punjab National Bank today said its plans to foray into insurance business are alive and is looking for a joint venture partner.
Options in tax-saving investments – 2010 – 2011
Among instruments you cannot do without, is Public Provident Fund (PPF) which offers tax-free eight per cent annual returns with no risk, making it a good fit in most portfolios. However, a person can invest maximum of Rs 70,000 each year in PPF.
IRDA imposes 20 Lacs fine on Reliance Insurance for violation
Insurance regulator IRDA imposed Rs 50 lakh fine on 6 insurance companies, including private sector players Reliance General and Apollo Munich Health in 2009-10 for failing to comply with various norms, including rural and social obligations.