Personal Finance

[ad_1] The Life Insurance Corporation of India (LIC) was ordered by the National Consumer Disputes Redressal Commission (NCDRC) to pay Rs 1,60,812 after an 8-year-long battle with a ‘Jeevan Arogya’ insurance policy holder. LIC Jeevan Arogya is a health insurance policy that covers certain specified health risks and provides support in times of medical emergencies … Read more

[ad_1] Union Finance Minister Nirmala Sitharaman presented the interim Budget 2024 on Thursday, February 1, 2024. This is not a full Budget, but only a vote on account Even though this is an interim budget, there were great expectations from the FM Let us take a look at the most important income tax and personal … Read more

[ad_1] The government has extended an olive branch to taxpayers who are still dealing with petty tax demands related to previous years. It has proposed to withdraw all direct tax demands up to Rs.25,000 pertaining to any year until 2009-10 and up to Rs. 10,000 for the years 2010-11 to 2014-15. This is expected to … Read more

[ad_1] Once upon a time, a good budget was one that did a lot of things. Now, a good budget is one that does as little as possible, and I mean that as a change for the good rather than the worse. Union Budgets used to need a lot of commentary and analysis because of … Read more

[ad_1] Traditional plans with premiums above Rs 5 lakh have taken a hit, but the category still comprises the bulk of sales. Meanwhile, ABSLI is renewing its focus on annuity products, Kamlesh Rao, MD & CEO, Aditya Birla Sun Life Insurance tells ET Wealth.In India, people mainly buy life insurance as an investment and the … Read more

[ad_1] A “silver tsunami” — with a record number of Americans expected to turn age 65 — is here. Americans who reach that milestone age face high-stakes financial decisions. Two of the most important choices retirees face — which Medicare health insurance coverage option to choose and when to claim Social Security benefits — come … Read more

[ad_1] Songsak Rohprasit | Moment | Getty Images The tax deadline is approaching and some filers are turning to chatbots powered by artificial intelligence for help with returns. But taxpayers should be wary of generative AI — which uses artificial intelligence to create content — for tax advice, experts say. Nearly 1 in 5 Americans … Read more

[ad_1] The growth of ‘lottery couriers’ U.S. lottery sales exceeded $113.3 billion in 2023, according to the North American Association of State and Provincial Lotteries. With varying state and provincial regulations, players have different purchase options, such as in-person or online sales, depending on where they live. One option is lottery-courier services, which accept orders … Read more

[ad_1] Now Hiring sign in a supermarket window in Queens, New York.  Lindsey Nicholson/UCG/Universal Images Group via Getty Images The U.S. job market continues to chug ahead without signs of overheating — a good sign for workers and the U.S. economy, according to economists. While the market has cooled from its breakneck pace of the … Read more

[ad_1] U.S. President Joe Biden delivers remarks on canceling student debt at Culver City Julian Dixon Library on February 21, 2024 in Culver City, California.  Mario Tama | Getty Images A narrower aid package Biden hopes will survive The president’s Plan B for student loan forgiveness will likely target several groups of borrowers, including those … Read more