LIC has launched Jeevan Kiran policy, a non-linked, non-participating individual savings and life insurance plan. This plan provides financial help to the family in the event of the life assured’s untimely death during the policy term and refunds the total premiums paid in the event of survival to adulthood. LIC announced the new plan via…
Prime Minister Narendra Modi released the 14th installment of the Pradhan Mantri Kisan Samman Nidhi (PM-Kisan) scheme worth over Rs 17,000 crore to more than 8.5 crores farmers on July 27, 2023, during his Rajasthan visit. Eligible farmers will receive Rs 2,000 installment under the scheme, as the 14th instalment under the scheme. The Prime…
I am 33 years old and work in the service sector, drawing a monthly salary of ₹1 lakh. My investment portfolio includes ongoing systematic investment plans (SIPs) in mutual funds : two large-cap funds ( ₹5,500), a consumer fund ( ₹2,500), a flexi-cap fund ( ₹2,000), a tax saver fund ( ₹1,500), a mid-cap index…
Income Tax Day 2023: Submitting income tax can be a clear hassle for many people because of its long process. Easing the process, fintech firm PhonePe, launched its ‘Income Tax Payment’ app feature on Monday. With this feature, taxpayers, be it individuals or businesses, can easily pay self-assessment and advance tax directly from within the…
IRCTC’s online booking platform is experiencing outages, with many users turning to Twitter to express their frustration about the server being down during peak hours. Customers are encountering difficulties while trying to book tickets both on the website and the app. According to a statement from IRCTC, the ticketing service is currently unavailable due to…
The last date for filing income tax returns (ITR) for FY 2023 is just a week away. The income tax department urges taxpayers to file the returns at the earliest and not wait for the last day to do the same. More than four crore income tax returns (ITRs) for the 2022-23 financial year have…
A non-senior citizen has Fixed Deposits with multiple banks and is not eligible to submit 15G due to expected total interest exceeding the threshold limit. He does not have any tax liability when he files ITR. Now, in one bank there is no TDS as the interest payable is less than ₹40,000/- and another bank…
New Delhi: Finance minister Nirmala Sitharaman said on Monday that issue of tax notices and re-opening of past assessments in the case of high income earners where the department has information about their non-compliance, has become predictable and that there is no fishing expedition. Speaking at an event held to mark the 164th Income Tax…
Railway ticketing website, IRCTC online booking seems to face some outages . People took to Twitter to complain about the IRCTC server being down at peak time. IRCTC customers are facing issues while booking tickets on the web as well as the app. In a statement issued by IRCTC, the ticketing service is not available…
Flipkart is gearing up to launch a new service called “Flipkart Plus Premium” for its users. This program is expected to offer more better benefits compared to the existing Flipkart Plus program, where users earn SuperCoins through regular shopping. Despite the name “Premium,” Flipkart Plus Premium will not require a paid subscription and will be…