The Finance Minister made a few favourable announcements for home loan borrowers in the Union Budget, 2016. In this post, I will discuss the two changes in detail and how these changes affect home loan borrowers. First proposal was to provide an additional tax deduction of Rs 50,000 for interest payment on housing loan under Section 80EE. Second proposal was to increase in … [Read more...] about Benefits for Home Loan Borrowers introduced in the Union Budget 2016
Healthcare costs in India are rising fast. And it is becoming increasingly expensive to provide quality healthcare to the family. Regular health insurance plans take care of the hospitalization expense, which is typically the biggest expense in any medical treatment. However, your medical expenses don’t just end with hospitalization expenses. I do not deny that hospital bill … [Read more...] about Does it make sense to purchase Health cover with OPD coverage?
In our previous posts on health insurance, we have discussed various parameters to consider before purchasing health insurance and compared various health insurance plans on these parameters. In these posts, we focused on product features and using those features to assess the best health insurance plan for you and your family.In this post, we discuss certain inhibitions people … [Read more...] about Health Insurance Plans: How to start researching