Livelinpro

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…

Benchmark stock market indices on Monday kicked off the trading week on a positive note. The bulls have been on full charge on Dalal Street taking the equity market to an all-time high. In the first six months of Calendar Year 2023, Nifty delivered a 5.83 per cent return whereas Sensex surged to the tune…

What are the rules for withdrawing the proceeds from a provident fund (PF) account within five years of opening it, particulary if I have already claimed 80C deduction in previous years? It is presumed that you are currently not with an employer to whom the provisions of Employees Provident Fund and Miscellaneous Provisions Act, 1952.)…

The RBI on Wednesday introduced a Card-on-File (CoF) token facility at the level of banks and other institutions to provide convenience for cardholders to get tokens created and linked to their existing accounts with various e-commerce applications. At present, a CoF token can only be created through the merchant’s application or webpage. For a CoF,…

Masked Aadhaar: Instances of Aadhaar-based fraud have witnessed a rise in recent years. Typically, these fraudulent activities revolve around criminals utilising stolen Aadhaar numbers to gain financial advantages or access services. Cybercriminals have developed an advanced approach that evades conventional security measures, including OTPs, CVV numbers, and even bank details. Recently, several reports surfaced where…

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…

There is confusion in the minds of many persons as regards who has to file an ITR. Few salaried as well as senior citizens receiving interest income carry an impression that as tax has already been deducted at source they do not have to file any ITR. This is not correct. The obligation to file…

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…