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2 mins read

Cabinet nod to Rs 5 lakh health coverage for all aged 70 yrs and above under Ayushman Bharat Yojana

Senior citizens of 70 years and above who are under private health insurance policies or Employees'…

PTI   


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4 mins read

Budget 2024: Here's what India's elderlies want

If any amount you receive from NPS is reinvested in the annuity plan, it remains tax-exempt. Howeve…

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6 mins read

Budget 2024-25: New tax regime sweetened by FM, hikes standard deduction to Rs 75,000

​More than two-thirds of taxpayers have availed of the new Income Tax regime, as per Nirmala Sithar…

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3 mins read

Trump wants to cut Social Security taxes for seniors. It's not as good as it sounds.

Former President Donald Trump said he wants to end Social Security taxes for older adults. It could…

Allie Kelly,Ayelet Sheffey   


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3 mins read

Confused about the new tax regime? Here's when you should opt for it

The new regime was introduced in budget 2020 to simplify taxation, and offer lower rates of taxes c…

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2 mins read

As India’s income inequality worsens beyond British-era levels, majority want to tax the rich, study reveals

A study by the World Inequality Lab has shown that Indian billionaires already own a disproportiona…

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3 mins read

Budget 2024: Increase standard deduction, exemptions and more, an aam aadmi's wishlist

Note that unless you specifically opt for the old regime, the new tax regime is considered as your …

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3 mins read

GST Council meet: TMC's O'Brien urges Sitharaman to withdraw 18 pc GST on insurance premiums

O'Brien also expressed fear that levying a high GST rate on health and life insurance might lead to…

PTI   


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4 mins read

Budget 2024: Three things the insurance sector want from FM Sitharaman this budget.

At present, individuals aged below 60 can claim an annual deduction of up to Rs 25,000 towards hea…

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4 mins read

Mis-selling trap – Why ULIPs are not for senior citizens

Haldar’s investment was hit during the 2020 market crash and he lost a big part of his savings. Plu…

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4 mins read

Senior citizen FDs: With interest rates at a high, time to park safe

Senior citizens often prefer investing in fixed deposits (FDs) due to the safety and stability thes…

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2 mins read

One in four taxpaying citizen yet to file IT returns with 3 days to deadline

Revenue Secretary Sanjay Malhotra said last week that the possibility of extending the deadline for…

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2 mins read

An Iowa basic income project gives low-income residents $500 a month. They say it helps them make rent and buy food.

Iowa lawmakers recently voted to ban basic income programs. But one such program says it'll continu…

Kenneth Niemeyer   


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3 mins read

South Africa's cash giveaway plan is not universal basic income, experts say

A South African program would pay too little money to too few people to qualify as universal basic …

Theron Mohamed   


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6 mins read

Explained: With markets volatile, should senior citizens invest in PSU bank FDs?

FDs have always been a popular investment choice for Indians. They offer a guaranteed return on inv…

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3 mins read

Senior citizens, these banks offer 9% plus interest on FDs – Should you park your money there?

Fixed deposits (FDs) are a popular product because they offer guaranteed returns for a fixed tenure…

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4 mins read

Universal basic income has gone from utopian vision to economic reality. Here's what you need to know about UBI.

Universal basic income is quickly gaining traction, with several trials and some famous proponents …

Theron Mohamed   


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2 mins read

South Africa could be the first-ever country to provide a no-strings-attached universal basic income

The African National Congress said it would create a national universal basic income program within…

Kenneth Niemeyer   


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8 mins read

ULIPs are not for senior citizens: Here’s how to choose the right investments to secure the golden years of your life

Investments for senior citizens should prioritize capital protection, regular income, liquidity, an…