Ensure that you have a health insurance cover in place for yourself and your family, even if you are covered under your employer’s group health scheme. The independent cover’s premium will also help you claim deductions of up to Rs 25,000 under section 80D. Paying parents’ medical premiums will entitle you to deduction of an equivalent amount. If they happen to be senior citizens, the limit is Rs 50,000. “Many bought health covers only to avail deductions, but at least they had an independent policy. In the new regime, they might not do so as they look at it as an outgo that yields no ‘returns’,” points out Agarwal. … [Read more...] about Earning big bucks? Don’t switch slabs; optimise existing tax benefits first
Evm vs ballot paper
Economic Survey 2019: Mutual funds witnessed 60% fall in net inflows in FY19
Among all categories, debt funds faced large redemptions in the aftermath of NBFC crisis which started in September particularly after ratings downgrades and default of IL&FS Group. The crisis spread to other companies--DHFL, Essel Group, Reliance Capital companies which was surfaced after they failed to make the payment on maturity. … [Read more...] about Economic Survey 2019: Mutual funds witnessed 60% fall in net inflows in FY19
