personal finance Archives - PankajBatra.com https://www.pankajbatra.com/tag/personal-finance/ A blog on personal finance, India and Life Wed, 15 Jun 2016 11:15:53 +0000 en-US hourly 1 14747219 New Age Unit Linked Insurance Plans https://www.pankajbatra.com/finance/new-age-unit-linked-insurance-plans/ https://www.pankajbatra.com/finance/new-age-unit-linked-insurance-plans/#respond Mon, 07 Mar 2016 09:33:56 +0000 http://www.pankajbatra.com/?p=2386 Unit Linked Insurance Plan: Unit Linked Insurance Plan (ULIP) is type of insurance product, which gives policy holders both insurance and investment under same plan. A part of the premium is utilized to provide insurance cover to the policy holder while the remaining portion is invested in various equity and debt schemes (depending upon chosen […]

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]]> https://www.pankajbatra.com/finance/new-age-unit-linked-insurance-plans/feed/ 0 2386 Leave encashment non taxable https://www.pankajbatra.com/india/leave-encashment-non-taxable/ https://www.pankajbatra.com/india/leave-encashment-non-taxable/#comments Wed, 06 Aug 2008 19:06:17 +0000 http://www.pankajbatra.com/?p=117 As per section 10(10AA) of income tax in india, leave encashment amount received by employee by a previous employer in full and final statement, is non-taxable. So If you have changed a job in financial year and received leave encashment for the remaining earned leaves (ELs) Just deduct the amount from total income and compute […]

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