Money Control

LIC outpaces industry in April with nearly 10% growth in New Business Premium

According to data released by the Life Insurance Council, LIC collected Rs 13,610.63 crore in NBP for the month, up from Rs 12,383.64 crore in April 2024

Here's how NRIs can benefit from buying health, term insurance in India

NRIs can claim a GST refund on insurance premiums, which makes purchasing Indian policies more affordable

New Income-Tax bill to provide clearer definition of online games

The Income Tax Bill, 2025 defines 'online game' as any game offered on the internet and accessible through a computer or telecom device.

New Income Tax Bill to consider crypto as 'undisclosed income' during searches

As per the new tax bill, 'undisclosed income' includes 'money, bullion, jewellery, virtual digital asset or other valuable article' or expenditure, income based on any entry or transaction, where such entry wholly or partly represents income which has not been disclosed.

Budget 2025: Introduce separate tax benefit for term insurance, increase health premium deduction limit, say top insurance officials

Insurers also want FM Sitharaman to consider extending the additional Rs 50,000 tax exemption for NPS contributions to pension plans from life insurance companies too

Insurance in 2024: Higher life insurance surrender values, shorter moratorium period in health insurance and more

The regulatory reform from IRDAI that attracted the maximum attention was the change in computation of surrender values and charges for endowment policyholders, but the regulator modified several other rules that directly affect retail life, health and general insurance policyholders.

This Raksha Bandhan, give more than cash: Gift your sister financial wisdom and investments

Gift your sister a term deposit, a SIP in mutual funds, enrol her for a financial planning workshop or book an appointment with a financial adviser to make a personalised investment plan.

Health insurance: How to choose the best plan

A recent report by Apollo Hospitals, one of India's leading healthcare groups, paints a grim picture of the nation's health. Released in April, the report dubbed India the “cancer capital of the world”, highlighting a worrying rise in cancer cases and other non-communicable diseases (NCDs).

Budget 2024: What’s cheaper and costlier? Here's the list

The reduction in customs duties on gold and silver to 6% is expected to stimulate retail demand and help mitigate smuggling issues in the world's second-largest bullion consumer.