E-filing Income Tax Returns in India (2018) | ICICI Prulife Filing of income taxes doesn't need to be a challenging task. If you are worried that filing taxes is about carrying hundreds of papers and organizing everything like students do before an exam, let us tell you right away that income tax filing today is nothing like that. With India embracing the digital world and the many conveniences it offers, electronic filing (e-filing) makes it possible to file income tax returns (ITRs) in a matter of few clicks. What is E Filing? E-filing is the short form of electronic filing of income taxes. 3 ways to do E Filing There are three basic ways to file income tax returns electronically. First option - You can use a Digital Signature Certificate (DSC) to e-file. Second option - You can e-file without a Digital Signature Certificate. Third option - You can e-file income tax return without DSC and verify it with Aadhar number or through bank. Why should you file income tax return? Benefits of filing income tax returns Steps to do E Filing in India
Term Insurance Plans - Best Term Plans Online in India | ICICI Prulife You can get a simple, quick and clear answer to this question by calculating your Human Life Value or HLV. HLV is an easy-to-use numeric method of calculating the amount of Life Cover that you may need. The basic thumb rule that can be used to find out your HLV is as follows: For example, if a 32 year old man has an annual income of 5 lakh, the ideal Life Cover for him would be 25 x 5 lakh = 1.25 crore. *Please refer the product brochure to know more information regarding the illnesses covered, Accident Cover, and Total and Permanent Disability. ** Tax benefits are subject to conditions u/s 80C, 80CCC, 10(10A), 10(10D) and other provisions of the Income Tax Act, 1961. 17 per day is for a 25 year old healthy non-smoker male, availing a policy with a 15 year term. 6078 excluding taxes.
Income Tax Slabs and Rates in India for 2018-2019 | ICICI Prulife Now, let’s examine the salary components of Ravi, Ramesh & Rahul to get a clear picture As per interim budget 2019, Individual taxpayers having taxable annual income up to Rs.5 lakh will get full tax rebate u/s 87A and therefore will not be required to pay any income tax. However Income tax Slabs and Rates will remain unchanged for the FY2019-20. ∞This is only a provisional certificate and this does not communicate acceptance or commencement of risk under proposal submitted by you. This document may be used as a proof for claiming deductions while filing your tax returns subject to provisions of relevant tax sections and acceptance of risk, i.e. on policy issuance by the company. 1Tax benefit of ₹ 54,600 (₹ 46,800 u/s 80C & ₹ 7,800 u/s 80D) is calculated at highest tax slab rate of 31.2% (including Cess excluding surcharge) on life insurance premium u/s 80C of ₹ 1,50,000 and health premium u/s 80D of ₹ 25,000.
Term Insurance Comparison - Compare Best Term Plans Online ^Critical Illness Benefit (CI Benefit) is optional and available under Life and Health and All in One options under ICICI Pru iProtect Smart. This benefit is payable, on first occurrence of any of the 34 illnesses covered. Only doctor's certificate confirming diagnosis needs to be submitted. The benefit is payable only on the fulfillment of the definition of the diagnosed critical illness. The CI Benefit, is accelerated and not an additional benefit which means the ICICI Pru iProtect Smart policy will continue with the Death Benefit reduced by the extent of the CI Benefit paid. On payment of claims for treatment of Angioplasty, if the CI Benefit is more than ₹ 5,00,000 the policy will continue for other CIs with CI Benefit reduced by Angioplasty payout. ~Based on number of policies sold online between April 2018 - March 2020. 3Please refer the product brochure for definitions, exclusions and other terms and conditions applicable for terminal illness.
TDS - What is TDS (Tax Deducted at Source) & How to Pay TDS Online? What is TDS ? TDS or tax deducted at source is a deduction made by someone while making a payment or crediting the account, whichever is early. This could be your employer, customer or even a bank paying you interest on a fixed deposit. Before making a payment to you, the payer deducts and pays tax on your behalf to the Income tax department. You can claim/adjust TDS credit while filing your income tax return against income tax payable. You can view the details of the TDS credit in Form 26AS by logging into your income tax efiling account. TDS could be while purchasing a property, paying rent or paying a salary to any person. TDS Rate Chart The rates mentioned are for payments made to Resident individuals who have provided their PAN to the person responsible for deducting tax. TDS on Salary TDS on Interest Income (Fixed Deposit) Interest Income of resident person is taxable under section 194A of the Income Tax Act, 1961. TDS on interest received from bonds TDS on Insurance Commission
Term Insurance - Best Term Plans & Policy in India 2019-20 | ICICI Prulife **Our Life insurance policies cover COVID-19 claims under life insurance claims, subject to applicable terms and conditions of policy contract and extant regulatory framework. COVID-19 is not included in Critical Illness benefit covered under ICICI PRU iProtect Smart. "The percentage saving computed is purely in terms of premium paid over the term (Difference between Limited Pay: 5 years and Regular pay) of the policy and does not account for time and other factors that may happen during this period. It is one of the many features that the product offers and you can opt for it based on your individual needs. The percentage saving is for ICICI Pru iProtect Smart - Life Option for `2 Crore life cover for a 20 year-old healthy male for a policy term of 61 years with regular income payout option. ~~(Source: Company BuyOnline data - Dec 2015 till Mar 2020) $$
Whole Life Insurance - Everything You Need To Know | ICICI Prulife A whole life Insurance is a Term Insurance Policy that covers you for 99 years. They are different from ordinary insurance policies which have a defined term of say 10, 20 or 30 years. Benefits of Buying Whole Life Insurance Whole Life Cover - The policy covers you for 99 years. Level Premium - Your premiums remain fixed for the entire term of the policy, allowing you to benefit from an amount that will become lighter on your wallet over time. Tax#- The insurance premiums are tax deductible up to ₹ 1.5 lakh under Section 80C and the maturity amount is exempt from tax under Section 10(10)(D). Additional Riders and Features available in ICICI Pru iProtect Smart Riders are optional benefits that may be attached to a whole life policy. 1. 2. 3. 4. 5. People like you also read ...
Child Plans - Best Child Insurance Education Plan Online * Under this benefit, following the date of death of the life assured, provided all due premiums have been paid, units equivalent to the installment premium will be allocated by the Company on the subsequent premium due dates. This benefit is not applicable for the One Pay option. On death of the Life Assured, the following conditions apply: The Fund Value including Top up Fund Value, if any, will remain invested in the respective funds and portfolio strategies as on date of death of the Life Assured.Only the Fund Management Charge and Policy Administration Charge will be levied. ** Loyalty Additions are applicable from the 6th policy year onwards in the form of extra units at the end of every policy year. $ Past performance is not indicative of future performance. ^ Tax benefits under the policy are subject to conditions under Section 80C, 80D, 10(10D) and other provisions of the Income Tax Act, 1961. + Provided monies are not in DP Fund.
Health Insurance Plans & Policies Online in India | ICICI Prulife 1 The premium rate is of ₹ 10 lakh Cancer cover and ₹ 10 Lakh Heart cover for 35 year healthy male for policy term of 20 years and inclusive of tax. 2 A discount of 5% on the first year’s premium will be offered on purchase of ICICI Pru Heart / Cancer Protect when life assured and his/ her spouse is covered under the same policy. The policy benefits of both the Lives Assured shall be independent of each other. The Sums Assured of both the lives could be different. 3 ₹ 20 lakh cover mentioned here consist of ₹ 10 Lakh Cancer cover and ₹ 10 Lakh Heart cover of ICICI Pru Heart/Cancer Protect plan. ^Tax benefits under the policy are subject to conditions under Section 80D and other provisions of the Income Tax Act, 1961. $A waiting period is the amount of time an insured must wait before some or all of their coverage comes into effect. #Source -
Best Child Investment Plan with saving schemes| ICICI Prulife ~Guaranteed benefits are payable subject to all due premiums being paid and the policy being in force on the date of maturity. #Includes Reversionary bonuses which may be declared every financial year and will accrue to the policy if it is premium paying or fully paid. Reversionary bonus once declared is guaranteed and will be paid out at maturity or on earlier death. A terminal bonus if any, may also be payable at maturity or on earlier death. If the policy offers guaranteed returns, then these will be clearly marked “guaranteed”. ^Capital Protection, Guarantees, Guaranteed Benefits : Your Guaranteed Maturity Benefit (GMB) will be set at policy inception and will depend on age, policy term, premium, premium payment term (PPT) and gender and may be lower than your Sum Assured on death. ‘Tax benefits: Tax benefits under the policy are subject to conditions under Sec. 80C, of the Income Tax Act, 1961. ICICI Prudential Life Insurance Company Limited.