Those in the lower age brackets could do away with traditional plans and hold Ulips. Or, convert all investment plans into a paid-up one. Come tax-saving season and Nagpur resident Bhawartha Darwatkar, 32, was most likely to buy an insurance-cum-investment plan. Between 2007 and 2013, he accumulated two unit-linked insurance policies (Ulips) and a money-back plan. He reasons: “These policies were purchased without any goal in mind. I was single then and had some good surplus to park. Rediff.com, 3 weeks ago
Looking to phase out insurance plans? - Sify, 3 weeks ago
While individual taxpayers cheered the Budget news of an increase in the limit under Section 80C, marketing professional Girish Kumar wasn't every very excited. Reason: He doesn't know how to use the new limit to his advantage. In effect, the Rs 50,000 rise ...Sify, 1 month ago
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