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New income tax rule for senior citizens; Here’s all you need to know

New income tax rule for senior citizens; Here’s all you need to know

The exemption limit for the financial year 2019-20 available to a resident senior citizen is Rs. 3 lakh.

Source:Financial Express

  24/05/2019

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Vehicle Insurance Premium Set to Increase, IRDAI Proposes Hike in Third Party Insurance Price

Vehicle Insurance Premium Set to Increase, IRDAI Proposes Hike in Third Party Insurance Price

Third-party insurance premium for cars, two-wheelers and transport vehicles may go up with the regulator IRDAI proposing a substantial increase in premium rates for the current financial year.

Source:News18

  24/05/2019

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Viewpoint | Having only health insurance in old age for health-related expenses. Is it enough?

Viewpoint | Having only health insurance in old age for health-related expenses. Is it enough?

Health insurance alone is not sufficient for old age. You need to have a separate healthcare contingency corpus too.

Source:Money Control

  24/05/2019

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Form 15H amended, senior citizens to get higher TDS exemption on interest income

Form 15H amended, senior citizens to get higher TDS exemption on interest income

Senior citizens, above 60 years of age, have to submit Form 15H to banks at the beginning of a financial year to ensure that no tax is deducted at source on interest income (iStock)

Source:Livemint

  23/05/2019

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Common reasons why motor insurance claims get rejected

Common reasons why motor insurance claims get rejected

In order to avoid a situation where you are not able to make a car insurance claim, you should familiarize yourself with the reasons why even a genuine claim made on your behalf may get rejected.

Source:Financial Express

  22/05/2019

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Don’t ask an insurance agent to fill up the policy proposal

Don’t ask an insurance agent to fill up the policy proposal

Insurance agents ask buyers to only sign in the relevant places and they in turn fill up the rest of the information

Source:Telegraph India

  20/05/2019

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10 steps to calculate how much money you will need for retirement

10 steps to calculate how much money you will need for retirement

Most people think that retirement planning is a complicated affair and use it as an excuse to avoid this critical exercise. However, retirement planning is not difficult.

Source:The Economic Times

  20/05/2019

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4 mistakes that can hurt your retirement planning

4 mistakes that can hurt your retirement planning

Mistakes in dealing with other related areas can in fact derail otherwise careful retirement planning.

Source:The Economic Times

  20/05/2019

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Covered by group insurance? You still need an individual health plan

Covered by group insurance? You still need an individual health plan

If you are relying on your group health insurance and plan to buy a cover after retirement, it will not only be expensive but insurers may reject your case on medical grounds

Source:Financial Express

  17/05/2019

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