Tax Rebate to your Pension Contribution The taxman will give following tax relief (under Sections 80C, 80CCC and 80CCD) to your pension contribution. The limit for maximum deduction (As per Section 80CCE) available under Sections 80C, 80CCC, and 80CCD (combined together) is Rs. … [Read more...] about How to Claim Tax Rebate for your Pension Contribution?
howtos
How to open an Online PPF Account in SBI Bank?
Step 1 - Choose the SBI Branch To apply for opening a PPF Account, you first need to check the nearest SBI Branch, which offers PPF Account. If you don't have online SBI Account you have to visit the SBI Branch to open Saving account first. Step 2 - SBI PPF Account To open … [Read more...] about How to open an Online PPF Account in SBI Bank?
From where to buy the Critical Illness policy – General Insurer or Life Insurer?
You can buy Critical Illness Insurance policy from a general insurance company or from a life insurance company. But from where to buy the Critical Illness Insurance Policy - General Insurer or Life Insurer? Lets find out. In India, you can buy a Critical Illness Policy as a … [Read more...] about From where to buy the Critical Illness policy – General Insurer or Life Insurer?
How to file an Insurance Claim Complaint to Consumer Court?
If within 2 years of buying the product and services, you are not happy with the services of the insurance company and already lodge a complaint to Insurer and IRDA and if you do not get a satisfactory response from IRDA or Insurance company or Insurance Ombudsmen, you may … [Read more...] about How to file an Insurance Claim Complaint to Consumer Court?
How to file a Complaint to Insurance Ombudsman?
If within 30 days of lodging the complaint with the IRDA, if you do not get a satisfactory response from IRDA or Insurance company and you may approach Insurance Ombudsmen. Important Points : Before filing complaint in Ombudsman 1- The Insurance Ombudsman will not accept your … [Read more...] about How to file a Complaint to Insurance Ombudsman?
How to file a Complaint to IRDA for an Insurance Claim?
If within 30 days of lodging the complaint with the insurance company, if you do not get a satisfactory response from insurance company then you may approach IRDA. Policyholder/Insured needs to send his/her complaints themselves or the claimants, otherwise the complaints will … [Read more...] about How to file a Complaint to IRDA for an Insurance Claim?
How to file an Appeal against Insurance Claim Denial?
If Your Insurance Claim is Denied, you can file an appeal against the insurance company, here is the procedure how you can do that - Initial Steps 1- First get written claim denials letter from insurance company. 2- Check your policy documents, whether the claim was … [Read more...] about How to file an Appeal against Insurance Claim Denial?
How much life insurance cover do you need?
How much Life Insurance do you need? Everyone should have enough life insurance coverage to cover all the liabilities as well as unexpected future costs. Whatever life insurance plan you select, the main thing is to make sure you have coverage in the unexpected event. You … [Read more...] about How much life insurance cover do you need?
How to File RTI Application about an Insurance Claim?
What is RTI and how it applies to Insurance Companies? Right to Information Act provides to every citizen of India right to ask information held by a Public Authority. The Central Right to information Act covers all Indian states except for the state the State of Jammu and … [Read more...] about How to File RTI Application about an Insurance Claim?
How the Proceed received from the Insurance Company is taxed?
Life Insurance Proceeds Section 10(10D) specifies that any sum received under a Life Insurance policy is exempt from tax. Hence maturity proceeds (including the sum allocated by way of bonus) received from an endowment plan, from a term plan with return of premium feature, from … [Read more...] about How the Proceed received from the Insurance Company is taxed?