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  1. Replies
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    20,435

    No loan, Only advance from your fund. As...

    No loan, Only advance from your fund.

    As mentioned by you -
    24 months wages (Basic & DA) or Member’s own share of contribution + Company’s share of contribution with interest.

    No repayment as...
  2. Check here -...

    Check here -
    http://www.policywala.com/attachment.php?attachmentid=244&d=1303030651
  3. You can getout any time(3 and 5 years are for...

    You can getout any time(3 and 5 years are for ULIPs, but just check the surrender value (if any, read policy wording for this). Also take term insurance before surrendering any life insurance policy....
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    13,208

    What is Facebook Connect? Facebook Connect is...

    What is Facebook Connect?
    Facebook Connect is Facebook's latest addition to its development platform. It enables developers to leverage the power of Facebook's social context in existing,...
  5. Replies
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    37,821

    "Make things as simple as possible but no...

    "Make things as simple as possible but no simpler."
    - Albert Einstein
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    32,967

    "Fortune favors the bold." - Virgil, Aeneid X.284

    "Fortune favors the bold."
    - Virgil, Aeneid X.284
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    20,588

    My picks in the recent market crash - Dena Bank,...

    My picks in the recent market crash - Dena Bank, Yes Bank, DCB and Kotak Mahindra Bank.
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    8,451

    5 Rreasons - why insurance won't save tax

    http://www.policywala.com/attachment.php?attachmentid=108&d=1294688047
    Source - economictimes.com
  9. Replies
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    9,045

    Main Change - Unit-linked insurance products...

    Main Change -
    Unit-linked insurance products (ULIPs) filed after September 30, 2009 will have a lock-in of five years.
  10. Happy New Year

    Happy New Year
  11. Yes, you can claim for any paid premium.

    Yes, you can claim for any paid premium.
  12. Maximium deposit in your own PPF account is...

    Maximium deposit in your own PPF account is allowed is Rs. 70,000/-

    You can claim upto Rs. 70,000/- deduction.

    Rs. 1,00,000/- but you can claim upto Rs. 70,000/- deduction in IT.
  13. Your wife cannot claim for her parents or your...

    Your wife cannot claim for her parents or your parents, even if she is earning. You can only claim for your parents.
  14. You can claim only for your spouse, children and...

    You can claim only for your spouse, children and parents.
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    11,702

    Answer 255 satisfies the condition so it's right...

    Answer 255 satisfies the condition so it's right but 128 is also satisfying condition so it is also a possible answer:
    if we pick up 128 oranges.
    on 1st gate he will give 64
    on 2nd gate he will...
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    5,128

    Very late intro. Anyway better late than never. ...

    Very late intro. Anyway better late than never.

    Thanks !

    We are working on it. You will see it in very short time.
  17. It is taxable. Tax will be payable only on...

    It is taxable. Tax will be payable only on interest portion & not on gross portion.
  18. Replies
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    5,447

    Welcome to PolicyWala. The basic purpose of this...

    Welcome to PolicyWala. The basic purpose of this community is to share knowledge amount ourselves. You are welcome in it.
  19. Replies
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    11,601

    You can withdraw (in the middle of six year) the...

    You can withdraw (in the middle of six year) the interest of NSC, only in very rare circumstances. You normally withdraw it on maturity. And at that time full interest is not taxable. Only last year...
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    9,772

    No, you can't claim the benefit. You can claim...

    No, you can't claim the benefit. You can claim only If you have taken the education loan in your name, you can claim deduction under Section 80E of the Income Tax Act. You will get a tax benefit on...
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    11,601

    NSC interest is first included in computing...

    NSC interest is first included in computing income under the head "Income from other sources" and then deduction of same is allowed under Sec 80C, as it is deemed as reinvested except for last year...
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    7,954

    In Futures - You pay a tax of 33% on the your...

    In Futures - You pay a tax of 33% on the your profit.
  23. Replies
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    36,202

    Tax Save - Under Sec 80C, 80CCC, 80D

    March 31st is approaching and everyone is investing to save tax. Just wanted to share some points with you on Sec 80C, 80CCC, 80D for tax purpose -

    Life Insurance premium
    Any Premium in excess of...
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    9,090

    As per Sec 10(10D) - 20% limit: If the amount of...

    As per Sec 10(10D) -
    20% limit: If the amount of premium paid in a financial year for a policy is in excess of 20% of the actual capital sum assured, then deduction will be allowed only for premiums...
  25. Replies
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    8,140

    Angel Broking - Subscribe Bonanza - Subscribe...

    Angel Broking - Subscribe
    Bonanza - Subscribe with long term horizon
    RR Financial - Subscribe with long term horizon
    KRChoksey - Subscribe
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