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Life Insurance & Financial Planning Insights

Expert articles on life insurance, savings, protection plans, and financial planning to support long-term financial decisions.

Recent Blogs

5 Reasons Your Life Insurance Application May Be Rejected
27 Feb '26
2610 Views
7 minute read
Learn the top 5 reasons why a life insurance application may be declined, including medical history, incorrect details, financial risks, and underwriting concerns.
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Life Insurance
Key Features and Benefits of Life Insurance in India
27 Feb '26
1416 Views
13 minute read
Understand the key features and benefits of life insurance in India, including financial protection, tax advantages, savings options, and long-term security.
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Life Insurance
How Life Insurance Protects Families Facing Rare Health Conditions?
27 Feb '26
24 Views
8 minute read
Learn how life insurance helps families facing rare health conditions maintain financial stability through income protection and long-term planning support.
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Life Insurance
Life Insurance Payout Process: How It Works in India?
26 Feb '26
896 Views
5 minute read
Understand how life insurance payouts work in India, including claim settlement process, payout options, timelines, and nominee payment methods.
Read More
Life Insurance
Is Term Insurance Claim Guaranteed? Key Claim Approval Factors
25 Feb '26
60 Views
7 minute read
Learn whether term insurance claims are guaranteed, common reasons for rejection, and best practices policyholders should follow to ensure smooth claim settlement.
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Term Insurance
FATCA Declaration: Meaning, Eligibility & Filing Guide
25 Feb '26
66 Views
6 minute read
Understand FATCA declaration requirements, who must submit it, reporting rules for foreign financial assets, and why compliance is important for Indian taxpayers.
Read More
Tax Saving
Pension Plan Payout Options: Choosing the Right Retirement Income
25 Feb '26
73 Views
6 minute read
Explore different pension payout options such as annuity types, lump sum withdrawals, and income streams to select the best retirement income strategy for your needs.
Read More
Retirement Plan
Concentration vs Diversification: Which Investment Strategy Wins?
25 Feb '26
30 Views
5 minute read
Compare concentrated and diversified investment strategies, understand risk-return trade-offs, and learn how to choose the right allocation approach for long-term goals.
Read More
Investment
Insurance for All by 2047: India’s Financial Protection Vision
25 Feb '26
33 Views
7 minute read
Understand India’s Insurance for All 2047 initiative, its objectives, expected benefits, and how expanding insurance penetration can strengthen financial security nationwide.
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Personal Finance
Retirement Age in India: Current Rules & Planning Insights
25 Feb '26
70 Views
6 minute read
Learn about the official retirement age across sectors in India, early retirement considerations, and how retirement timing impacts long-term financial planning goals.
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Retirement Plan
Income Tax Rates in India: Latest Slabs & Comparison Guide
25 Feb '26
77 Views
6 minute read
Explore current income tax rates under old and new regimes, slab-wise comparisons, and practical tips to select the most suitable tax regime for your income profile.
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Tax Saving
Retirement Planning for Couples with Unequal Income Levels
24 Feb '26
55 Views
6 minute read
Learn how couples with unequal income streams can plan retirement effectively through joint investments, income pooling, and optimized retirement corpus strategies.
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Retirement Plan
7 Percent Rule for Retirement in India: How It Works?
24 Feb '26
82 Views
7 minute read
Understand the 7 percent retirement rule, how it estimates required retirement savings, and how Indian investors can apply this approach for stress-free retirement planning.
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Retirement Plan
Funding a Master’s Degree Abroad: Investment Planning Guide
24 Feb '26
66 Views
7 minute read
Discover investment planning approaches, education funding options, and saving strategies to finance your master’s degree abroad without disrupting long-term goals.
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Investment
Child Education vs Retirement Planning: Which Should Come First?
24 Feb '26
66 Views
7 minute read
Understand how to balance child education funding and retirement planning effectively using goal prioritization, investment allocation, and long-term financial strategies.
Read More
Personal Finance
Investment Planning for Buying Your Dream Home
24 Feb '26
64 Views
7 minute read
Explore investment strategies, savings timelines, and financial planning techniques that help you build a strong corpus for purchasing your dream home confidently.
Read More
Investment
How to Save for Solo Travel? Smart Financial Planning Tips
24 Feb '26
62 Views
8 minute read
Learn practical saving strategies, budgeting methods, and investment options that can help you build a travel fund efficiently for your first solo international trip.
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Personal Finance
What is a Deferred Pension? Meaning and It's Types
23 Feb '26
749 Views
7 minute read
Deferred Pension means you get the pension fund that you have accumulated a little later. You have the option to delay the accessibility to your pension pot.
Read More
Retirement Plan
Short Term Capital Gains Tax & Calculation | STCG Tax India
23 Feb '26
10714 Views
11 minute read
Understand short term capital gains tax in India. Know how STCG is taxed, rates, and calculation for different assets under current tax rules.
Read More
Tax Saving
What Is TAN? How to Apply for TAN in India
23 Feb '26
1957 Views
10 minute read
What is TAN? Understand its structure, importance, and how to apply for a Tax Deduction and Collection Account Number (TAN) easily in 2026.
Read More
Tax Saving
What is EPF Form 10C? Meaning, Benefits, Eligibility
23 Feb '26
1411 Views
6 minute read
Learn about EPF Form 10C. Its meaning, benefits, and eligibility. Find out how submit form 10C online and how can help you with your Employee Provident Fund.
Read More
Tax Saving
Import Tax in India: Why Imports Are Heavily Taxed?
23 Feb '26
1970 Views
6 minute read
Understand why imports are heavily taxed in India, how import tax works, and the economic and policy reasons behind high import duties.
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Tax Saving
Health Insurance for HIV-Positive Individuals: Coverage Guide
23 Feb '26
86 Views
5 minute read
Explore health insurance options for HIV-positive individuals in India, coverage inclusions, waiting periods, eligibility rules, and factors to review before buying a policy.
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Health Plan
Signs of Financial Stability: How to Know You’re Secure
23 Feb '26
99 Views
5 minute read
Discover key indicators of financial stability, including savings strength, debt control, emergency funds, and long-term investment readiness for a secure future.
Read More
Personal Finance
TDS on EPF Withdrawal: Rules, Limits & Tax Impact
23 Feb '26
92 Views
7 minute read
Learn when TDS is deducted on EPF withdrawals, applicable thresholds, tax-saving exemptions, and steps you can take to avoid unnecessary deductions.
Read More
Personal Finance
Expenditure Tax in India: Meaning, Applicability & Examples
23 Feb '26
114 Views
6 minute read
Understand the concept of expenditure tax in India, when it applies, sectors affected, calculation approach, and practical examples to clarify its financial implications.
Read More
Tax Saving
TDS on Foreign Remittances: Rates, Limits & Rules Explained
23 Feb '26
36 Views
7 minute read
Learn how TDS applies to foreign remittances under LRS, applicable rates, thresholds, exemptions, and how these deductions affect your overseas payments and tax filing.
Read More
Tax Saving
Margin of Safety in Financial Planning: Protect Your Wealth
23 Feb '26
91 Views
6 minute read
Learn how applying the margin of safety principle in financial planning helps manage risks, build investment buffers, and protect long-term wealth from uncertainties.
Read More
Personal Finance
Systematic Transfer Plan (STP): Meaning, Benefits & How It Works
23 Feb '26
32 Views
7 minute read
Discover how STPs help investors shift funds gradually between schemes, manage market volatility, and optimize investment returns through disciplined transfer strategies.
Read More
Investment
Short-Term Capital Gains (STCG): Tax Rules & Calculation Guide
23 Feb '26
63 Views
6 minute read
Understand how short-term capital gains are calculated, applicable tax rates across asset classes, exemptions available, and planning tips to manage STCG tax liability.
Read More
Tax Saving
Buying Life Insurance for Someone With a Critical Illness
22 Feb '26
894 Views
7 minute read
Covers eligibility, underwriting considerations, and factors involved when purchasing life insurance for someone with a critical illness.
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Life Insurance
How to Check Old Age Pension? A Step-by-Step Guide
22 Feb '26
1038 Views
7 minute read
Discover the easy steps to check your old age pension status with our comprehensive guide. Ensure a secure retirement with Canara HSBC Life Insurance expert advice and assistance. Stay informed about your pension effortlessly.
Read More
Retirement Plan
Section 80CCG - Meaning, Eligibility, Deduction
22 Feb '26
1055 Views
6 minute read
Learn about Section 80CCG, its meaning, eligibility criteria, and tax deductions. Understand how it benefits investors with Canara HSBC Life Insurance.
Read More
Tax Saving
How to Calculate The Capital Gain Tax In India?
20 Feb '26
1172 Views
7 minute read
Understand the procedure to calculate capital gains tax in India with this detailed guide. Learn about tax rates, exemptions, and filing requirements.
Read More
Tax Saving
How to Save Money? Tips on Save Money in 2026
18 Feb '26
1465 Views
10 minute read
How to save money - Learn the best tips and some simple ways to save money. Learn more about the benefits of saving money as soon as you start earning.
Read More
Financial Planning
What Is ULIP & Why Do People Invest in It?
18 Feb '26
916 Views
7 minute read
Understand ULIPs, how they work, their benefits, charges, tax rules, and why investors choose ULIPs for long-term wealth creation.
Read More
Ulip
Dividend Tax Explained: Dividend Distribution Tax in India
18 Feb '26
1105 Views
8 minute read
Understand what dividend distribution tax(DDT) is, how dividend tax works in India, who pays dividend tax, and how it is taxed under income tax laws.
Read More
Tax Saving
How do I Surrender my Life Insurance Policy?
18 Feb '26
886 Views
6 minute read
Learn how to surrender your life insurance policy, reasons not to, required documents, and whether you can surrender your term plan with Canara HSBC Life Insurance.
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Life Insurance
Types of Financial Planning: Key Strategies for a Secure Future
18 Feb '26
902 Views
Different types of financial planning guide your decisions at every life stage. Plan wisely from your first paycheck to retirement with Canara HSBC Life Insurance.
Read More
Financial Planning
Where Do Life Insurance Companies Invest Your Premiums?
17 Feb '26
2416 Views
10 minute read
Curious where life insurance companies invest your money? Get insights into how your premiums are managed for long-term growth and security.
Read More
Life Insurance
Joint Term Insurance Plan for Husband and Wife | Buy Spouse Term Plan in 2026
17 Feb '26
1218 Views
5 minute read
Explore the spouse life insurance and joint term insurance plan for husband and wife in 2026. Get clear insights on coverage, benefits, cost & how it works.
Read More
Term Insurance
Income Tax Act 1961: Overview, Key Provisions and Applicability
17 Feb '26
1176 Views
12 minute read
Learn about the Income Tax Act 1961, its purpose, key provisions, applicability, and how it governs income tax laws in India.
Read More
Tax Saving
5 Ways to Cash Out a Life Insurance Policy in 2026
17 Feb '26
4906 Views
15 minute read
Learn five common ways to cash out a life insurance policy, including surrender, loans and withdrawals, and understand the impact on coverage and payouts.
Read More
Life Insurance
Prepaid Insurance: Meaning, Examples & How Does it Work?
17 Feb '26
1553 Views
6 minute read
Learn about prepaid insurance, its benefits, and why it’s crucial for securing your financial future by ensuring continuous coverage without interruptions.
Read More
Life Insurance
What is Risk Retention in Insurance? Meaning & Importance
17 Feb '26
2150 Views
7 minute read
Learn about risk retention in insurance, its meaning, importance, and how it helps manage financial risks. Explore with Canara HSBC Life Insurance.
Read More
Life Insurance
Can We Transfer a Child Insurance Plan to Another Child?
16 Feb '26
1136 Views
5 minute read
Learn the rules for transferring child insurance plans. Use a child plan calculator to manage costs and secure your child’s future across key milestones.
Read More
Child Plan
A Guide to Financial Planning for Your Child’s Education Goals
16 Feb '26
843 Views
5 minute read
Early financial education helps children build smart money habits. Learn how a child savings plan can secure your child's education and future financial stability.
Read More
Child Plan
How to Open a Joint Investment Account with Your Teenager?
16 Feb '26
1082 Views
5 minute read
Learn how to open a joint investment account with your teenager, teach money management, and build long-term wealth together with practical, simple steps.
Read More
Child Plan
How Can You Build a Strong Overseas Education Fund for Your Child?
16 Feb '26
1296 Views
8 minute read
Learn practical tips to build a strong overseas education corpus for your child, manage rising foreign education costs, and plan early with the right investments.
Read More
Child Plan
Difference Between Financial Year (FY) vs. Assessment Year (AY)
16 Feb '26
1195 Views
7 minute read
Find out what is Assessment Year (AY) & Financial Year (FY). Visit this section and understand the difference between Financial Year and Assessment Year.
Read More
Financial Planning
Do You Need to File ITR Below ₹2.5 Lakhs Income?
13 Feb '26
1061 Views
5 minute read
Not sure if you need to file an ITR with income under 2.5 LPA? Learn the eligibility criteria and tax rules to stay compliant.
Read More
Tax Saving
Income Tax Form 26AS: How to Download via TRACES?
12 Feb '26
1516 Views
10 minute read
Download your Income tax Form 26AS easily from TRACES to file your ITR. Learn how to access different parts of the form with Canara HSBC Life Insurance.
Read More
Tax Saving
Can Compound Interest Beat Inflation?
12 Feb '26
1897 Views
7 minute read
Compound interest grows your money, but inflation compounds too. Learn how to calculate and beat inflation with smart financial planning. Read more!
Read More
Saving Plan
How to Calculate Annuity Value? Step-by-Step Guide
12 Feb '26
2561 Views
10 minute read
Calculate your annuity plan value to estimate future payouts and secure the best retirement plan for a stable and financially safe future.
Read More
Retirement Plan
How Can You Benefit from Limited Pay Term Insurance Plans?
12 Feb '26
869 Views
8 minute read
Learn how the limited pay option in term insurance works, its benefits, suitability, premium structure, and how it helps manage short-term payments while ensuring long-term coverage.
Read More
Term Insurance
How to Fill out the ITR-2 Form Online?
12 Feb '26
1048 Views
7 minute read
Master the process of filling ITR-2 Form with our detailed guide. File your income tax returns with ease and accuracy.
Read More
Tax Saving
Tips to Keep Financial Records Organized Effectively
12 Feb '26
619 Views
5 minute read
Learn how to sort, store, and manage your financial records with ease. Improve control and reduce financial stress.
Read More
Financial Planning
How Life Insurance Reduces Financial Stress During Illness?
12 Feb '26
61 Views
7 minute read
Learn how life insurance helps manage medical expenses, income loss, and family financial security during serious illness with practical examples.
Read More
Life Insurance
Smart Monthly Income Plans in India: A Complete Guide
11 Feb '26
1589 Views
7 minute read
Looking for stable monthly income? Explore smart savings plans that offer steady returns, financial security, and help you achieve long-term life goals.
Read More
Saving Plan
Partial Withdrawal from ULIPs: Steps, Limits & Eligibility
11 Feb '26
3902 Views
6 minute read
ULIPs allow partial withdrawals under certain conditions. Learn the limits, steps and eligibility for partial withdrawals with Canara HSBC Life Insurance.
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Ulip
What Is SIP? Benefits, Features & SIP vs ULIP Comparison
11 Feb '26
3888 Views
10 minute read
Understand what SIP is, its advantages, and how it compares to ULIPs for long-term investment and wealth creation.
Read More
Ulip
Types of Allowances in Salary: Definition, and Taxation Rules
11 Feb '26
1205 Views
6 minute read
Learn about various allowances like HRA, travel, medical, and special allowances, and understand their tax treatment and exemptions to optimise salary taxation.
Read More
Tax Saving
Penalty for Late Filing of Income Tax Returns (ITR) in 2026
11 Feb '26
1132 Views
7 minute read
Avoid penalties for late ITR filing! Learn about the financial and legal implications of missing deadlines and how to file on time.
Read More
Tax Saving
What is Negative Income Tax? Meaning, Benefits & How It Works
11 Feb '26
1440 Views
11 minute read
What is Negative Income Tax? Learn about NIT, its concept, benefits, and how it helps lower-income individuals through tax rebates.
Read More
Tax Saving
Cash Benefit in Term Insurance - How It Works?
11 Feb '26
1339 Views
10 minute read
Learn if term life insurance has cash value and when you can cash in term life insurance. Get clear answers about cash benefits and payout options
Read More
Term Insurance
Permanent Life Insurance: How It Works and Key Benefits?
11 Feb '26
1164 Views
10 minute read
Understand how permanent life insurance works, including lifetime coverage, cash value component, premium structure, and long-term financial advantages.
Read More
Life Insurance
HUF Taxation Explained: Benefits, Rules & How to Save Tax
11 Feb '26
111 Views
7 minute read
Learn how HUF taxation works in India, eligibility rules, tax benefits, deductions, and how Hindu Undivided Families can save income tax legally.
Read More
Tax Saving
What is IGST? Meaning, Rates and Calculation Explained
11 Feb '26
209 Views
7 minute read
Understand IGST, its full form, when it applies, current rates, and how to calculate Integrated GST for inter-state transactions in India.
Read More
Tax Saving
What Is Non-Traditional Life Insurance & Why It Matters?
11 Feb '26
127 Views
5 minute read
Explore non-traditional life insurance plans, how they differ from traditional policies, and why they matter for modern financial planning.
Read More
Life Insurance
What is CGST? Meaning, Rates & Features Explained
11 Feb '26
160 Views
7 minute read
Learn what CGST means, its full form, key features, tax rates, and how Central GST is applied under India’s GST framework.
Read More
Tax Saving
Women's Health Insurance: Best Plans & Maternity Coverage
11 Feb '26
945 Views
5 minute read
Explore the best women's health insurance plans, including maternity coverage. Find the perfect plan for your needs. Discover more @Canara HSBC Life Insurance
Read More
Health Plan
GST on Life Insurance in India: Key Details Explained
10 Feb '26
2904 Views
10 minute read
What impact does the Goods and Services Tax have on life insurance plans and your premium payments towards them? Here’s all you need to know.
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Life Insurance
Terminologies of Life Insurance: Key Terms You Should Know
10 Feb '26
1082 Views
7 minute read
Learn common life insurance terms and definitions, including premium, nominee, sum assured, riders, and policy benefits to understand your coverage better.
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Life Insurance
Financial Instrument: Meaning, Types and Importance
10 Feb '26
2684 Views
8 minute read
Financial instruments are essential to build and boost your wealth. Know the types of financial instruments available in India. Explore more about the tax benefits of financial instruments.
Read More
Financial Planning
Compound Interest Investment: Best Investment Options in India
10 Feb '26
2743 Views
10 minute read
The best compound interest investments bring consistent growth to your wealth. Use safe and aggressive options to grow wealth with Canara HSBC Life Insurance.
Read More
Saving Plan
Income Tax Rebate in India: Rules, Limits and Eligibility
10 Feb '26
1938 Views
8 minute read
Get money back with Income Tax Rebate! Learn what an income tax rebate is, who is eligible, applicable sections, limits, and how taxpayers in India can claim the rebate.
Read More
Tax Saving
What are the Various Charges in a Life Insurance Policy?
10 Feb '26
1685 Views
7 minute read
Learn about various life insurance policy charges, including premium allocation, mortality, fund management, and administrative fees affecting policy cost.
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Life Insurance
Tax Collected at Source (TCS): Payment, Exemption & Rates
10 Feb '26
1059 Views
7 minute read
Learn about Tax Collected at Source (TCS), payment exemptions, and rates. Explore key details with Canara HSBC Life Insurance for smarter tax planning insights.
Read More
Tax Saving
Section 10 of Income Tax Act: Tax Exemption Guide Under Section 10(10D)
10 Feb '26
9194 Views
7 minute read
Learn sec 10 of Income Tax Act exemptions, including 10(10D) for life insurance payouts, and how tax-free incomes are treated under Indian tax law.
Read More
Tax Saving
Term Insurance For Home Loan: Protect Your Home Loan Today
10 Feb '26
2168 Views
11 minute read
Protect your home loan with term life insurance, a comprehensive guide. Learn how term insurance can help to protect your investment and secure your family's future.
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Term Insurance
What Is Tax Liability? Meaning, Calculation & Examples
10 Feb '26
1987 Views
7 minute read
Tax liability is the total tax payable after deductions and exemptions. Learn its meaning, how to calculate tax liability and how it affects ITR filing in India with examples for individuals.
Read More
Tax Saving
Tax Exemption Rules in India: Types & Eligibility Guide
10 Feb '26
1073 Views
5 minute read
Learn tax exemption rules in India, available exemptions under income tax laws, eligibility criteria, and how exemptions help reduce your taxable income.
Read More
Tax Saving
What Is Form 16? Meaning, Benefits, and How to Download
10 Feb '26
4929 Views
9 minute read
Learn what Form 16 is, its components, how to download and use it for income tax filing, and why it is important for salaried taxpayers in India.
Read More
Tax Saving
TAN vs TIN: Difference, Meaning & Uses Explained
10 Feb '26
2971 Views
7 minute read
Learn what is the difference between TAN and TIN in income tax, their meanings, uses, eligibility, and when each number is required for tax compliance.
Read More
Tax Saving
Importance of Tax Planning: Its Meaning & Types in India
10 Feb '26
7975 Views
11 minute read
Discover the importance of tax planning in India and key tax planning strategies to legally reduce your tax liability and maximise savings.
Read More
Tax Saving
How to Correct Mistakes in a Filed Income Tax Return?
10 Feb '26
38 Views
7 minute read
Made an error in your ITR? Learn how to revise or rectify a filed income tax return step-by-step using the official portal.
Read More
Tax Saving
How to Apply for a Duplicate PAN Card Online?
10 Feb '26
522 Views
7 minute read
Lost your PAN card? Know the steps how to apply for a duplicate PAN card online, required documents, fees, and tracking process.
Read More
Personal Finance
How to Cancel GST Registration Online in 2026?
10 Feb '26
107 Views
8 minute read
Step-by-step guide to cancel GST registration online in 2026, eligibility rules, documents required, and application process.
Read More
Tax Saving
Are Gifts from Family Members Taxable Under Income Tax?
10 Feb '26
112 Views
7 minute read
Know when you get a gift from family members are tax-free or not, applicable limits, rules under income tax law, and how to report them correctly.
Read More
Tax Saving
How to Apply for a Minor PAN Card for Your Child?
10 Feb '26
61 Views
7 minute read
Learn how to apply for a PAN card for a minor in India, documents required, online steps, and how it helps with investments.
Read More
Personal Finance
GPF vs PPF: Differences, Benefits & Which is Better?
10 Feb '26
506 Views
7 minute read
Compare GPF vs PPF in terms of eligibility, interest rates, tax benefits, withdrawal rules, and which is better for retirement planning.
Read More
Retirement Plan
Is SIP Tax Free? How to Start SIP To Save Tax on Your Income?
09 Feb '26
4420 Views
10 minute read
SIPs are one of the best tax-saving investments. Learn if SIP is tax-free under Section 80C of the Income Tax Act to plan your finances.
Read More
Financial Planning
Life vs Health vs Term Insurance: Key Differences Explained
09 Feb '26
1233 Views
10 minute read
Understand the difference between life insurance, health insurance and term insurance, what each one covers, when you need them, and how to choose the right protection.
Read More
Life Insurance
Budget 2026 & Sovereign Gold Bonds: How New Tax Rules Impact Returns
09 Feb '26
115 Views
6 minute read
Budget 2026 changes Sovereign Gold Bond taxation. Understand how the new rules affect real returns, capital gains, and gold investment decisions.
Read More
Budget News
Why Budget 2026 Made No Insurance Changes | Key Signals Explained
09 Feb '26
119 Views
6 minute read
Budget 2026 left insurance tax benefits unchanged. Understand what this silence signals for policyholders and the future of India’s insurance sector.
Read More
Budget News
Budget 2026 STT Changes: Impact on F&O Traders & Investors
09 Feb '26
234 Views
8 minute read
Budget 2026 revised Securities Transaction Tax (STT) rates explained. See how higher STT impacts F&O traders, options trading, and equity investors in India.
Read More
Budget News
Budget 2026 Indirect Tax Changes: Impact on the Common Man
09 Feb '26
226 Views
7 minute read
Budget 2026 indirect tax changes explained. See how customs duty cuts, GST reforms, and lower TCS impact household costs, healthcare, gadgets, and daily expenses.
Read More
Budget News
Unified Pension Scheme (UPS): Benefits, Returns & Eligibility
09 Feb '26
18 Views
8 minute read
Explore UPS pension scheme benefits, eligibility rules, returns, and how it compares with NPS and other retirement plans in India.
Read More
Retirement Plan
What Is a Demand Deposit & How It Helps Manage Money?
09 Feb '26
77 Views
7 minute read
Understand demand deposits, types, benefits, and how savings and current accounts help you manage daily finances and liquidity.
Read More
Personal Finance
Finance Act 2025: Key Income Tax Changes Explained
09 Feb '26
15 Views
6 minute read
Get a clear breakdown of major income tax changes introduced under the Finance Act 2025 and how they impact salaried and individual taxpayers.
Read More
Tax Saving

Editor's Choice

What is Insurance

What is Insurance? Definition, Types and Benefits

02 Dec '25
9310 Views
10 minute read

Insurance is a contract between an insurance company and an individual/business that helps the latter to receive financial compensation from the insurance company against the loss.

Read More

Types of Term Insurance Plans in India

01 Sep '25
1587 Views
10 minute read

Learn about the different types of term insurance plans, including level term, increasing cover, decreasing cover and return of premium options, to choose what suits your needs.

Read More

TDS on Rent: Section 194I of Income Tax Act Explained

12 Dec '25
8244 Views
14 minute read

Understand TDS on rent limits, calculation methods, applicable rates, and threshold limits. Learn how to comply with tax regulations effectively.

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What Is Tax? Understanding the Tax Concept in India (2026 Guide)

15 Jan '26
6381 Views
11 minute read

Discover the tax concept in India, its importance, types, and how it affects your income. Updated for FY 2025–26 with practical examples.

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How Should You Plan Retirement Effectively in Your 50s?

17 Dec '25
1086 Views
8 minute read

If you're 50 to 60 years old and haven't started saving for retirement, here is how to plan retirement in your 50s by reassessing savings, managing risk, maximising contributions, planning income sources, and preparing for healthcare costs.

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5 Smart Tips to Plan Your Child’s Education Abroad in 2026

07 Aug '25
1233 Views
10 minute read

Planning your child’s education abroad? Follow this 5-step checklist to ensure financial readiness and secure their academic future efficiently.

Read More
What is Insurance

What is Insurance? Definition, Types and Benefits

What is Insurance? Definition, Types and Benefits
02 Dec '25
9310 Views
10 minute read
Insurance is a contract between an insurance company and an individual/business that helps the latter to receive financial compensation from the insurance company against the loss.
Read More

Types of Term Insurance Plans in India

Types of Term Insurance Plans in India
01 Sep '25
1587 Views
10 minute read
Learn about the different types of term insurance plans, including level term, increasing cover, decreasing cover and return of premium options, to choose what suits your needs.
Read More

TDS on Rent: Section 194I of Income Tax Act Explained

TDS on Rent: Section 194I of Income Tax Act Explained
12 Dec '25
8244 Views
14 minute read
Understand TDS on rent limits, calculation methods, applicable rates, and threshold limits. Learn how to comply with tax regulations effectively.
Read More

What Is Tax? Understanding the Tax Concept in India (2026 Guide)

What Is Tax? Understanding the Tax Concept in India (2026 Guide)
15 Jan '26
6381 Views
11 minute read
Discover the tax concept in India, its importance, types, and how it affects your income. Updated for FY 2025–26 with practical examples.
Read More

How Should You Plan Retirement Effectively in Your 50s?

How Should You Plan Retirement Effectively in Your 50s?
17 Dec '25
1086 Views
8 minute read
If you're 50 to 60 years old and haven't started saving for retirement, here is how to plan retirement in your 50s by reassessing savings, managing risk, maximising contributions, planning income sources, and preparing for healthcare costs.
Read More

5 Smart Tips to Plan Your Child’s Education Abroad in 2026

5 Smart Tips to Plan Your Child’s Education Abroad in 2026
07 Aug '25
1233 Views
10 minute read
Planning your child’s education abroad? Follow this 5-step checklist to ensure financial readiness and secure their academic future efficiently.
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Frequently Asked Questions

Buying a life insurance plan with adequate coverage can be a financial cushion for your family. It ensures that the family's lifestyle and goals are not compromised due to unfortunate events such as death or disability. 

 

Some life insurance plans, like Unit Linked Insurance Plans (ULIPs), offer wealth creation opportunities to policyholders, along with life coverage. These plans let you invest your premiums in different securities, like equity, debt, and more, to enjoy the benefits of inflation-beating returns. 

Life insurance policies offer valuable tax benefits, enabling you to enhance your returns and accumulate savings. The premiums paid for the policy qualify for deduction under Section 80C of the Income Tax Act, 1961, up to ₹ 1.5 lakhs annually, subject to certain conditions. Furthermore, the funds withdrawn from the policy after the lock-in period and the maturity value received from life insurance plans are also tax-free. 

  

Your source of income will no longer exist with you after retirement. It is crucial to have enough money saved up so that, when you retire, you won't need to worry about anything. Together with a steady income stream, retirement plans offer life insurance.