Journey With Myself Promotion : Promote to win a top level domains + Hosting!

This is a promotional giveaway where you could win the following prizes: Top Level Domains [Like *.com *.org *.in etc] Premium hosting for 1 year Many domains This promotion will run from Sunday, 12th October’ 2011 to 31st October’ 2011 00:00 hours (mid-night). Result of the promotion will be announced on within a week and prizes will be distributed to all the winners in the next 3 weeks’ time.

Every Day is A New Day

New day.. New office location.. New Seat.. So many new things happened to me before this new year comes. Newness always brings enthusiasm and excitement. Hope this New Year also comes with hand full of surprises as Every Day is a New Day indeed..!!!

12 Most Famous Love Stories of All Time

When: 31 BC Where: Rome and Egypt What’s So Special about Their Love: These two had a love so strong, war was waged against them to break them up. When Mark Antony left his wife, Octavia, for the mesmerizing Cleopatra, Octavia’s brother Octavian brought the army of Rome to destroy them. These two lovers were so entranced with each other that they committed suicide rather than be apart- the ultimate Romeo and Juliet true love story.

Mahatma`s Teachings

I like both the movies MunnaBhai MBBS and Lage Raho MunnaBhai. I dont know about the Gandhi`s political decisions but I believe in his teachings to the nation.

Universal Truth about Boys............lolz!!

Now i truly admit, Google is very very very smart......

Showing posts with label Insurance. Show all posts
Showing posts with label Insurance. Show all posts

Thursday, November 3, 2011

Save Income Tax : Section 80C and Section 80D

Section 80C Deductions
Section 80C of the Income Tax Act  allows certain investments and expenditure to be tax-exempt. The total limit under this section is Rs. 100,000 (Rupees One lakh) which can be any combination of the below:
* Contribution to Provident Fund or Public Provident Fund
* Payment of life insurance premium
* Investment in pension Plans
* Investment in Equity Linked Savings schemes (ELSS) of mutual funds
* Investment in specified government infrastructure bonds
* Investment in National Savings Certificates (interest of past NSCs is reinvested every year and can be added to the Section 80 limit)
* Payments towards principal repayment of housing loans.Also any registration fee or stamp duty paid.
* Payments towards tuition fees for children to any school or college or university or similar institution. (Only for 2 children)
The investment can be from any source and not necessarily from income chargeable to tax.

Section 80D: Medical Insurance Premiums
Medical insurance, popularly known as Mediclaim Policies, provide deduction up to Rs 30,000 . This deduction is additional to Rs.1,00,000 savings. For senior citizens, the deduction up to Rs. 20,000 is allowable. This deduction is available for premium paid on medical insurance for oneself, spouse, parents and children.It is also applicabe to the cheques paid by proprietor firms.

Interest on Housing Loans
For self occupied properties, interest paid on a housing loan up to Rs 150,000 per year is exempt from tax. However, this is only applicable for a residence constructed within three financial years after the loan is taken and also the loan if taken after April 1, 1999.
If the house is not occupied due to employment, the house will be considered self occupied.
For let out properties, the entire interest paid is deductible under section 24 of the Income Tax act. However, the rent is to be shown as income from such properties. 30% of rent received and municipal taxes paid are available for deduction.
The losses from all properties shall be allowed to be adjusted against salary income at the source itself. Therefore, refund claims of T.D.S. deducted in excess, on this count, will no more be necessary.

How To Save Income Tax In India?

As per the government law, it is mandatory for every citizen to pay the income tax. Tax assessment takes place every year in the month of March. Government has given so many benefits to the taxpayers. Tax payment is applicable for a person who is generating profit by any mode either by the business or from the job. In any of the public or private limited company, there are shareholders then the tax will not be exempted on the individual basis. The calculation is based on the annual profit generated by the organization.
In India, there are various tax slabs for the male and female and as per the annual salary, the tax deduction takes place. If a male individual earns (in Rs) 160,001 to 500,000, the tax would be 10% if it exceeds from 500,000 to 800,000 the tax would be 20% if it exceeds from 800,000 the tax would be 30%. Tax slabs for the female individual is different from the male individual, the tax limit for the female start from 190,001. For 190,001 the tax is 10%, from 500,000 to 800,000 tax is 20% whereas for above 800,000 tax would be 30%.

To get the tax benefit,  it is important to show the investment proof. Tax waiver is applicable if the investment has done in the following:

Insurance Policy- Government has given tax benefit on different type of insurance policies such as life insurance policy and health Care. This should be noted that no tax benefit is given for the General insurance like motor insurance etc.
Mutual funds – There are several government and private mutual funds available in the market such as State Bank of India mutual funds, Franklin Templeton, Kotak Mahindra and ICICI. Investor has to take care that tax waiver is available only on those mutual funds that have a locking period; a fund without a locking period is not eligible for the income tax benefit.
Home Loan – If an individual has purchased any property on loan, a tax waiver is applicable on it.
House Rent – House rent is another mode to save the income tax. While filing for income tax, tax receipt should be attached.

While filing for the income tax it is useful to attach the receipt of the documents as per the above list.

Tuesday, August 9, 2011

Business proposal for Student,Private Employee,House wife,CA,Advocate, Business men and other

It gives me immense pleasure, to invite you to join hands with India first life insurance co of the India`s most traded joint venture Bank Of baroda,Andhra Bank and legal & General,as our Financial Advisor.

At India First Life Insurance co,we believe that our Financial Advisor are our ambassadors to the customer and are a key source of business for the organization thus being the spine of the company.your association with India first life insurance may help us in shaping our future business.

Here are some of the benefit of being a Financial Advisor:

 Unlimited earning potential.
 A clear career path.
 All round support through advertising , your own in- house consultant, and world cl-ass training.
 A comprehensive benefit package.

There are various exciting opportunities to earn and company ensure proper recognition of Financial Advisor for their performance.India first life insurance co provides number of contest which can bestow you with gift like foreign trips, video cameras, and money more.

I would really like to have a personal session with you thus discussion in detail the proposal along with the commission structure.
Looking forward for an early and positive response from your side.

12th standard pass
Age 18 and above
Can I Become An Agent?

You certainly can if -

* You are outgoing and like meeting people
* You are ambitious to own a business
* You only want your clients to be your bosses
* And you want to decide your working hours

Unlimited earning potential; A clear career path; all round support through exclusive advertising, your own in-house consultant, and world-class training:

* A comprehensive benefit package
* Training
* Careers
* Rewards & Recognition

They are a key source of business for the organization, and are the continuing link with our clients. That is why; we take a lot of care in recruiting and developing our agency force, so that we continue to set higher standards of quality in service and salesmanship. To cater to the needs of the knowledge-oriented marketplace, we look for graduates who are service-oriented, good communicators and enjoy meeting new people. Prior sales experience is an added benefit.

Some Of The Qualities We seek Are:

* Self-motivation
* A master communicator
* A go-getter
* A graduate

Come on Join in With me @ India First..

Monday, August 8, 2011

India First

I would like to inform you that now I am financial Advisor in India First Life Insurance. Let me give you some brief overview of the company of which I am part of.

IndiaFirst Life Insurance is the youngest life insurance company in India with a rich legacy of over 360 years of combined service of its promoters - Bank of Baroda, Andhra Bank and Legal & General.

This joint venture brings together a real understanding of the Indian consumers by the promoter banks with international best practices developed by Legal & General. Shri. Pranab Mukherjee, Honorable Finance Minister, Government of India launched our nationwide operations in Delhi in March, 2010.

Headquartered in Mumbai, with a capital base of Rs. 455 crore we are one of the most capital efficient life insurance companies in the industry today. Bank of Baroda holds a 44 per cent stake in IndiaFirst, while Andhra Bank and Legal & General hold a 30 per cent and 26 per cent stake respectively.

IndiaFirst have already achieved substantial progress during our first year of operation.

IndiaFirst set up new benchmarks in bancassurance in terms of branch activisation, productivity and customer friendly sales processes.

IndiaFirst aim to place customers First in everything they do and believe they can differentiate themselves through simple, easy to understand products, fair price, high quality service and honest advice.

IndiaFirst have initially focused on the bancassurance model leveraging the existing branch network of over 4,500 branches of our promoter banks across the country. We plan to further strengthen our distribution reach by launching our alternate channel of distribution.

This combination of domain expertise, customer knowledge, product innovation and nationwide reach has helped IndiaFirst cross the 1 lakh policies mark since it commenced operations and establish a customer base spread across more than 1000 cities and towns in India.

IndiaFirst initial product range covers the typical needs of protection (term insurance), savings, education and retirement.
IndiaFirst will follow this with a whole range of wealth accumulation, health, and group insurance plans.

Indiafirst Life insurance provides different & best Plans and Policies such as

1.Smart Saving Plan
2.Young India Plan
3.Life Plan
4.Anytime Plan
5.Simple Life Plan
6.Tax Saving Plan
7.Annuity Plan
8.Secure Save Plan

Website Address:
Contact Person: Hetal Mehta
Contact Number: 9213239395, 9250072636
Email Address: