Five Tax Benefits of Ulips

Investing into unit linked insurance plans (Ulips) can be a good option for investors as they give numerous tax benefits. This product category from life insurance companies provides investors with saving opportunities along with investment and insurance. While there are multiple financial products available for tax saving purposes, such as bank fixed deposits (FDs) and equity-linked saving schemes (ELSS) sold by mutual funds (MFs), but for long-term returns and tax efficiency, Ulips can be a better choice Here are some of the tax benefits of Ulips. Tax Benefits On Premiums…

Jio prepaid plans 2024: Price, validity, and benefits explained | Technology News

Jio has increased its mobile tariff prices by up to 25 per cent, the first hike in almost three years. The new plans offer varied benefits and changes in services. The cheapest monthly plan now costs Rs 189 with 28 days of validity, while the most expensive plan is Rs 3999 with 365 days of validity. Additionally, Jio’s 5G service is now limited to users with an active plan that includes at least 2 GB of 4G data per day. Here are all the new prepaid data plans offered by…

A higher EV tax credit cap, tax breaks with limited benefits

Automakers want Congress to remove the cap on EV tax credits. General Motors, Ford, Chrysler and Toyota CEOs say consumers will buy more Electric vehicles eligible for more EV tax credit if, Currently, when a company sells 200,000 plug-in electrics, the credit begins to expire. The CEO also says that he needs credit to compensate for the higher production cost. Missing from the letter: Tesla CEO Elon Musk, whose firm has already exceeded the credit limit. Oklahoma lawmakers will hold a special session to debate tax cuts. Gov. Kevin Stitt…

More Americans applied for jobless benefits last week

More Americans Application for Waste aid last week, but the total number of Americans collecting unemployment remains at a five-decade low. apply for unemployment benefits increased from 27,000 to 229,000 for the week ended June 4, the highest since mid-January Labour Department reported on Thursday. First time applications generally track the number of layoffs. The four-week average for claims, which equalizes some weekly volatility, rose 8,000 to 215,000 from the previous week. The total number of Americans collecting jobless benefits for the week ending May 28 remained unchanged from the…

5 great tips to streamline your salary and get maximum tax benefits

Your salary structure consists of various components. The taxation of each component varies as per the prevailing tax rules and regulations. Most employers offer employees some flexibility to structure some portion of their total pay packet. This is where your knowledge comes in handy. If you can manage your salary wisely, you can strike a delicate balance between your take-home pay and your overall tax liability. This article has some simple tips to help you streamline your salary and make the most of your benefits. #1: Opt for House Rent…