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Will filing your ITR early get you a faster income tax refund? Here's what really determines the processing time
Filing income tax returns early increases processing likelihood but does not guarantee faster refunds. Successful e-verification and matching tax records are crucial for timely refund processing. Pre-validating bank accounts and avoiding complex disclosures expedite the refund process.
Income-tax returns: Filing tax as a senior citizen? Tax slab, rebate and marginal relief — here are key things to know
Income-tax returns: The I-T department has released excel utility of its ITR-1 (Sahaj), ITR-2, ITR-3, and ITR-4 (Sugam) forms for AY27. Today we lay out the numbers and key things to know for senior and super senior citizens looking to file their returns.
LIC allocates record Rs 59,726 crore bonus to policyholders in FY26
The insurer retained its market leadership during FY26, accounting for 56.66% of the industry's first-year premium income and 65.16% of all policies sold in the country, according to its FY26 Annual Report released on Friday
IRDAI launches Rs 800 cr Policyholders’ Education and Protection Fund, set to widen policyholder services
The consequences of this lack of awareness are significant. At the beginning of FY2025, insurers were holding more than ₹9,305 crore in unclaimed amounts, including maturity proceeds, death claims and surrender values.
LIC to look at long-term investment instruments
NEW DELHI: State-owned Life Insurance Corporation of India (LIC) is engaging with key financial regulators, including and Sebi, to expand the availability of long-term investment instruments as inflows into its annuity products keep on rising, CEO and MD R Doraiswamy said.
Can your health claim be rejected? IRDAI’s 5‑year moratorium rule explained
Five-year health insurance moratorium reduces wrongful claim rejections for genuine non-disclosures while preserving fraud checks, so policyholders must stay transparent and maintain continuous cover for protection.
Life Insurance Corporation: Two New Jeevan Sathi plans launch from June — Check eligibility, policy features, benefits
The Life Insurance Corporation of India (LIC) is launching two New Jeevan Sathi joint life insurance plans — Single Premium and Limited Premium — in June 2026. Check eligibility, policy features, benefits
NPS withdrawal rules 2026: how the new Retirement Income Scheme works
The mandatory annuity requirement for non-government subscribers has been reduced from 40% to 20%.
Selling the property? Here's all you need to know about capital gains tax rule
Selling a property can leave you with a sizable profit, but it can also rake up significant taxes. The amount of tax you pay depends on how long you have owned the property and the capital gains tax rules introduced in the Union Budget 2024 and made effective from July 23, 2024. The changes have altered how long-term gains from property sales are calculated and taxed.