DSIJ Mindshare

There are many investment options available under various sections of the Income Tax Act that allow taxpayers to save taxes. The most popular and most utilised section is Section 80C of the IT Act. Apart from this, there are other sections that facilitate tax savings, here is a quick look at the other sections.

There are a number of options for settlement of claims on the death of a person insured under a term life insurance policy. A prospective policy buyer may be in a quandary while choosing between the options. So let's look at the claim settlement options and how to select the right option.

The year 2018 is, in all likelihood, going to be a year of populism, considering the fact that the Bharatiya Janata Party-led Modi government will be gearing up to face the electorate for the Lok Sabha elections in April-May 2019. 

If you have not paid the premium of your life insurance policy, your policy would lapse and the beneficiaries nominated by you will not get any benefit. In case you are unable to pay the premium of the policy before the due date, you can still pay the premium within the grace period. 

Most of the large companies solicit fixed deposits from the general public.These FDs carry interest rates that are usually higher than FDs of the public and private sector banks and, therefore, company FDs attract a large number of investors.