Team Aviva
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March 4 2022
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Team Aviva
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February 22 2022
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Common Mistakes While Buying a Term Plan
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A term insurance plan helps you save tax on the premium that you pay towards the policy. The premium is allowed as a deduction under Section 80C of the Income Tax Act, 1961. You can claim a maximum deduction of Rs.1.5 lakhs which converts to a tax saving of Rs.45,000 if your tax slab rate is 30%.
While term insurance plans do help you save taxes, their only purpose is not tax saving. Term insurance plans are meant......
Team Aviva
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February 18 2022
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Tax planning or goal-setting: Let your needs drive investment decisions
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When making investment decisions, you often come across two main aspects – goal-setting and tax planning. Which aspect, do you think, is the more important of the two?
In reality, both these aspects have their respective importance and prudent investment decisions cannot be made without either.
Confused? Let’s understand.
What is goal-setting?
Goal-setting......
Team Aviva
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February 14 2022
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Team Aviva
March 9 2022
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