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Friday, June 20, 2014

Health Insurance and Income Tax

ealth is our most valuable asset. If we have a good health we can enjoy our wealth too and also can gain more if require. But if we are unwell, then having wealth will not mean anything. That’s why it is commonly said “Health is Wealth”.

So we should not loose our Health creating more and more wealth. We should ensure that we don’t lose this precious wealth of ours. Current lifestyle has changed drastically, long office hours, unhealthy eating, and increasing pollution level are badly affecting our health
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Income Tax

A direct tax levied on earnings, mainly wages and salaries, but which may include dividends, interests, rents, royalties, and the value of receipts other than in cash. It is one of the main instruments for achieving a government's income redistribution objectives
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TDS provisions on Pension Payments

DS is the best medium of collecting tax from the citizens without much of hassles, as the responsibility to deduct tax is not on the government, but on citizen-payers. Tax department accords a lot of importance to TDS as a source of generating revenue and to administering the TDS provisions more vigorously.
http://www.myallagents.com/TDS-provisions-on-Pension-Payments/details.html

Last Minute Tax Planning

Despite advice from financial planners to spread tax planning over the fiscal year, most self-employed and small businessmen tend to leave investments for the last week of March. The last-minute rush to get into tax-saving investments leads to
http://www.myallagents.com/Last-Minute-Tax-Planning/details.html 

Life Insurers' Losses Mount 43% in FY09

The life insurance industry posted a loss of Rs 4,878 crore in the financial year 2008-09, as against a loss of Rs 3,413 crore in 2007-08, according to data released by the Insurance Regulatory and Development Authority in its annual report.
http://www.myallagents.com/Life-Insurers-Losses-Mount-43-in-FY09/details.html

LIFE INSURANCE – A convenient tool to secure future & build wealth

As the name suggests Life Insurance is basically a way to protect your family by substituting your income generating ability, in case of your death. All the financial planning would be a waste if you are not around to execute the plan. Insurance steps in to address any such eventuality
http://www.myallagents.com/LIFE-INSURANCE-A-convenient-tool-to-secure-future-and-build-wealth/details.html

Home Insurance Plan From


A ULIP was caught the world’s fancy in the 1960s when it originated in Britain. Soon after, they became some of the most popular insurance products in Europe and then the US. India, prior to opening up the insurance sector, had no experience with these products and have only recently been exposed to ULIPs
http://www.myallagents.com/What-is-ULIP/details.html