Jeevan Bharati-I

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Jeevan Bharti,Insurance Plans

Jeevan Bharati-I Features

LIC’s Jeevan Bharati-I – is a plan exclusively for women. It is a with profit plan having special features considering the needs of women. The plan also provides for Accident Benefit, Critical Illness Benefit and Congenital Disability Benefit as optional Riders


1. Encashment of Survival Benefit as and when needed:

The policyholder at her option may avail the sur...

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Endowment Plan LIC

Category: Insurance

endowment plan,LIC, Insurance Plans

Endowment Plan Features

This is a unit linked Endowment plan which offers investment cum insurance cover during the term of the policy. You can choose the level of insurance cover within the limits, which will depend on the mode and level of premium you agree to pay.

You have a choice of investing your premiums in one of the four types of investment funds available. Premiums paid after deduction of allocation charge will purchase units of the Fund type chosen.

Payment of Premiums: You may pay pr...

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LIC Insurance Plans- Bima Account -2

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LIC Insurance Plan

Bima Account -2 Features

 “LIC’s Bima Account – 2 ” is oner of simple non-linked LIC insurance plans which offers you everything you think of an insurance plan should provide:

  • Simplicity
  • Liquidity
  • Guaranteed Minimum Return
  • Transparent Charges
  • Risk cover

Under this LIC insurance plan, the premiums paid by you, after deduction of charges, will be credited to the Policyholder’s Account maintained separately for each policyholder...

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Jeevan Anurag – Insurance Plans

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Jeevan Anurag,Insurance Plans

Jeevan Anurag

LIC’s Jeevan ANURAG is a with profits plan specifically designed to take care of the educational needs of children. The plan can be taken by a parent on his or her own life. Benefits under the plan are payable at pre specified durations irrespective of whether the Life Assured survives to the end of the policy term or dies during the term of the policy...

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Jeevan Anand

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Jeevan Anand,Insurance Plans

Jeevan Anand Features

This plan is a combination of Endowment Assurance and Whole Life plans. It provides financial protection against death throughout the lifetime of the life assured with the provision of payment of a lump sum at the end of the selected term in case of his survival.


Premiums are payable yearly, half-yearly, quarterly, monthly or through salary deductions as opted by you throughout the selected term of the policy or till earlier death.


This is a with-profit pl...

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LIC Insurance Plan – Bima Account 1

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LIC Insurance Plan

LIC Insurance Plan Bima Account 1



As the name explains about this LIC Insurance Plan “Bima Account – I ” is a simple non-linked plan under which you can be covered without undergoing any medical examination subject to certain conditions.

This plan offers you everything you think of an insurance plan should provide:

  1. Simplicity
  2. Liquidity
  3. Guaranteed minimum return
  4. No medical examination
  5. Transparent charges
  6. Risk cover

Under this plan, the premiums paid by you, after deduction of...

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Rajiv Gandhi Equity Savings Scheme (Section 80CCG)

Category: Mutual FundsStock & SecuritiesTax Planning Comments: No comments

Finance Act 2012, has introduced a new Section 80CCG. This Scheme is named as Rajiv Gandhi Equity Savings Scheme and is fully aimed at investment in Equity and Mutual Funds of Public sector Companies. The article explains the scope, eligibility and the avenues where equity investment can be done and what benefits an individual will get from this scheme...

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E-Filing Income Tax Return ITR

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New ITR Form 2102-2013

Process Of e-filing Income Tax Return ITR

What Is e-Filing?

The process of electronically filing Income Tax Returns/Forms through the Internet is known as e-filing.

E-Filing Returns and Forms mandatory for:

  • Individual/HUF, having total Income of Rupees 10 Lakhs and above for AY 2012-2013 and subsequent assessment years.
  • Individual/HUF being resident, having asset, located outside India for AY 2012-2013 and subsequent assessment years.
  • Individual/HUF /Firm auditable u/s 44B of the IT Act, 1961...
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How to Select Income Tax Return ITR

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Income Tax Return ITR

Income tax return ITR has undergone changes from being only 1 form named ‘Saral’ to 8 ITR forms. It has become easy for professional but confusing for general users. Lot of tutorials and information material is available online explaining the types of forms but most of them explain it superficially leaving a chance of mistake in selecting correct ITR forms applicable to individuals and other entities.

Most issues arise with individuals who are having salary income as well as by those who are...

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Income Tax Rates/Slab for F.Y. 2012-13 (A.Y. 2013-14)

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Income tax rates, Tax slab

Income Tax Rates or Tax Slab

Financial year 2012-13 is about to end on 31st March, 2013 and there is an obvious rush among salaried employees to make investment according to income tax rates and save as much income tax possible under Section 80C of the Income Tax Act, 1961. Employees are asking colleagues about income tax rate their investment plans or asking for suggestion to get maximum deduction as well as maximum return from the investment.

Before that it is even more important to know as t...

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