Month: August 2018

According to the Income-tax Act, 1961 under section 80C, 80D, the government of India offers you to save tax for all the premiums paid for the health insurance for you and your family. You can invest up to INR 1.5 lakhs and reduce your taxable income. Buy Oriental Health Insurance and claim a deduction up to INR 1.5 lakhs for adults and Senior Citizen’s medical insurance premium. There are a certain terms and conditions applicable on the tax deduction declaration.

There are a few things to know before applying for tax deduction from the Oriental health Insurance plans online.

• Individual policyholders can claim a deduction for premiums paid for health insurance for self, spouse, children, and dependent parents.

• You can get a tax deduction of up to INR 25,000 rupees can be claimed for health insurance premium paid for self, spouse, and children under the age of 65. For

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What many in the business world are finding today is that they have been leaving money out on the table by just doing some things without thinking. There are, of course, some costs that people never question. They have to have insurance, right? They just pay the bill to ensure they can rest easy at night. What if there were other options to allow business owners to become more efficient? A captive insurance broker might tell you that these options exist. More, they might tell you that many industries are using captive insurance to help their companies save money while getting better coverage.

What is captive insurance coverage? Truly it is quite simple. Rather than a company paying premiums every month or year to a big insurance company that covers lots of different types of entities, the company will join together with other companies in the same industry to come … Read more