New income tax rule on insurance maturity proceeds: 5 things to know

The new income tax rule on receipt of maturity benefits from insurance policy came into effect from 1st September.A higher TDS will be levied if the insurance proceeds are taxable Get the latest news and analysis on business, finance, politics from Livemint, the website of the Mint newspaper, one of India’s leading business and financial dailies Powered by WPeMatico

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SBI minimum account balance and penalty charges: Key things to know

Maintenance of average monthly balance charges are different for metro, semi-urban and rural areas.The State Bank of India (SBI) is revising its service charges from 1st October 2019 Get the latest news and analysis on business, finance, politics from Livemint, the website of the Mint newspaper, one of India’s leading business and financial dailies Powered by WPeMatico

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Bank FD rates compared: What SBI, Axis Bank, ICICI, HDFC Bank, Kotak Bank offer

FD rates vary across banks so it’s always better to compare the interest rates on offer before your decide to invest in these deposits.All the top lenders are revising FD rates after RBI reduced repo rate for the fourth time in a row in August Get the latest news and analysis on business, finance, politics from Livemint, the website of the Mint newspaper, one of India’s leading business and financial dailies Powered by WPeMatico

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Income tax benefits on costs of education under Section 80E to Section 80

The Income Tax Act allows tax benefits for a loan taker for higher education when certain conditions are met.Tax benefits have been laid down under Section 80E of the Income Tax Act Get the latest news and analysis on business, finance, politics from Livemint, the website of the Mint newspaper, one of India’s leading business and financial dailies Powered by WPeMatico

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Vox Sentences: Humberto trails Dorian

AFP/Getty Images Vox Sentences is your daily digest for what’s happening in the world. Sign up for the Vox Sentences newsletter, delivered straight to your inbox Monday through Friday, or view the Vox Sentences archive for past editions. Read what Vox staffers took away from the third Democratic debate Thursday night; another hurricane threatens the Bahamas. Biden and Warren face off onstage for the first time AFP/Getty Images Former Vice President Joe Biden and Sen….

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