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- Increase in Motor TP Premium
- New Cashless Hospitals PSU Insurers
- Revision in Service Tax Rates
- Proposed rise in 80D
- Sukanya Samriddhi Yojna
- Markets touch 30k
- Happy Family Floater, Oriental Insurance.
- LIC's new products.
PSUs spread their Cashless PPN hospitals
After a long War between Hospitals and PSUs, final negotiation has arrived. PSUs have enhanced their Preferred Private Network (PPN) Hospitals to a decent range now. Thus, cashless with PSUs is OK now.
Service Tax gets bigger @ 14%
The Final Verdict of Finance Ministry has came. Service tax rates w.e.f. 01 June 2015 shall be 14% instead of 12.36% earlier. Resulting increase in cost of specified services has to be borne by the users.
Third Party Premiums Hike (01/04/2016)
Increasing third party claims have resulted in further rise of Motor Third Party Premiums w.e.f. 01/04/2016. While in most cases, the premiums have rose to 40%, in few vehicles, the rate has increased upto 25%.
Tax Deduction - 80D
The recent Budget has raised the Tax Deduction Limit for Premiums paid towards procuring Health Insurance for Self and dependents has been raised from 15000 to 25000. For senior citizens, the same is raised to 30000.
Sukanya Samriddhi Yojana
Special Launch by PM Mr Narendra Modi. Available in Post offices. Female Child should be age 10years or lesser, Minimum annual deposit of Rs 1000, maximum of Rs 150000. Guaranteed interest of 9.1% compounded annually. Account to be continued till age 21 years of girl child. 50% partial withdrawal availabe at age 18.
Sensex touches 30k
In it's unstoppable run since the Modi Government took charge, the Indian Indices rose to 30000 giving a wow to the investors. Most of the mutual funds are at their ever highs. RBI has further supported the run with it's yet another Rate Cut. More to expect..
LIC's New Products
March fever is on!! And LIC of India is yet looking confident with the launch of it's limited premium products. These are highly useful for business community who can pay more in lesser term thus lesser boundations.
Happy Family Floater by The Oriental Insurance Co. Ltd.
Oriental Insurance's Happy Family Floater policy offers an unconventional feature. If you plan to cover your parents till age 60 along with yourself, spouse and kids, it wont charge the premiums at your parent's age. Premiums will be charged on your age, thus a considerable savings. It offers Gold and Silver Varient, with no pre-medical requirement.
- Mr. Rajat Rara (Head, RelianceMF, Aurangabad)
- Mrs. Sushma Mahajan (HOD, BMCHRC)
- Mr. Hitesh Tikkiwal (Owner, Mayra Homes,Jaipur)
- Mr. Aman Goyal (Mgr, Vardhman Builders)
- Mr. Shubham Jain (CA, NAV BOIT)
- Mr. Vijay Mahawar (SBM, SBI Life)
- Mr. Pawan Gautam(AM-SCM, Jaipur Rugs Co.)
- Mr. Ramesh (Partner, Volan Software)
- Mr. Arunavo Biswas (Owner, Care Computers)
- Mr. Sumit Vijay (Sr. Mgr, NAV BOIT)
- Mr. Prateek Jain (Jaipur Rugs, Jaipur)
- Mr. Jitesh Jain (EITS, Jaipur)
- Mr. Ravi Agarwal (Ex Mgr, NAV BOIT)
Mr. Ramesh K Bankolia, Volan Softwares(*****)
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One of the authentic/ professional / knowledgeable advisors / planners for corporate insurance in Jaipur. Highly recommended for there kind service and support. Had a great experience.
Mr. Shubham Jain, NAV BOIT (*****)
Best service provider of insurance in Jaipur...Highly appreciate Vikram for his working...
Mr. Ravi Agarwal, NAV BOIT (*****)
Mr. Vijay Mahawar, Sr. Branch Manager, SBI Life (*****)
Highly recommended and Trusted... personally known and tested since 2003
Mrs. Sushma Mahajan, HOD, Radiology, Bhagwan Mahaveer Cancer Hospital (*****)
Systematic Portfolio Management is what I really appreciate about them. I can concentrate on work leaving all Financial Complicacies to them.
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Mr. Rajat Rara, Cluster Head, Reliance Mutual Fund, Aurangabad (*****)
He is one of the most meticulous person I ever met... Keep it up the good work
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Very professionally managed financial consulting firm
Mr. Prateek Jain, Accounts, Jaipur Rugs Co.
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Mr. Pawan Gautam, Asst. Mgr-SCM , Jaipur Rugs Co.
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