Most health insurance plans offer a base cover of ₹5-10 lakh. But what happens if you or a family member need hospitalisation more than once in a year? And what if multiple family members are hospitalised under a floater policy—will all of them them be covered? The answer lies in a crucial but often overlooked…
As the September 15 deadline to file the income tax return (ITR) for the financial year 2024-25 draws closer, most taxpayers are expected to be busy arranging documents for filing their return well on time. Although it is recommended to seek an expert’s advice – a chartered accountant or an income tax expert – before…
With smart devices everywhere around us, the biggest problem these days is carrying multiple chargers to power up these devices: one for the laptop, another for your Android phone, and probably another one if you quickly want to power up your iPhone or Galaxy device. This is where Gallium Nitride technology comes in, which reduces…
The Indian women’s football team stand a chance to qualify for its first-ever FIFA Women’s World Cup in 2027 after the Blue Tigresses booked a place in the main tournament of the 2026 AFC Women’s Asian Cup. The Indian women’s team did the unthinkable with a 2-1 win over Thailand to cement their spot in…
The Reserve Bank of India on Wednesday flagged that a number of Pradhan Mantri Jan Dhan Yojana accounts are due for a re-KYC as the scheme has completed 10 years. In his MPC statement, RBI Governor Sanjay Malhotra said that camps are being organised by banks for customers to complete their re-KYC. Launched in 2014,…
Before you invest in a mutual fund scheme, it is recommended to examine its past returns. Just like in a stock, a scheme’s past returns give an indication of how it may perform in the near future. Additionally, since mutual fund schemes indicate aggregate returns of their constituent stocks, their past returns gain relevance just…
Bhawna Kakkar, chartered accountant and founder of Kakkar & Company, said it is becoming increasingly common in residential property transactions to split the sale value between the real estate and items like furniture, white goods, and other household items. This tactic is often used by sellers to reduce their capital gains tax burden. But experts…
I’m a 36-year-old single individual living with my elderly father. We don’t currently own any property. My net worth stands at ₹1.2 crore, spread across EPF, PPF, and other investments. I earn a gross annual salary of ₹30 lakh, with annual living expenses of around ₹10 lakh. What should my target net worth be by…
Failing to submit your Income Tax Returns (ITR) for several years can have serious consequences for individuals. Repeated delays, omissions attract mounting penalties, legal complications, and other associated challenges. Such mismanagement of tax filing can create financial barriers and cause a rift in long-term planning. As a well-informed taxpayer, you should focus on meeting deadlines…
Heart attacks may no longer be the number one cause of death in the United States, but a cardiologist warns that a more silent and slow-moving threat is now claiming more lives, and often goes unnoticed until it’s too late. In a recent video posted on July 8, Dr Dmitry Yaranov, a US-based cardiologist, explained…
