Shreeniwas P Gadiyar (Abhay to friends) is Commerce and Law graduate of Mumbai University with more than twenty years of corporate working experience. Shreeniwas is Honorary Secretary of Professional Life Underwriters Guild, Mumbai. Shreeniwas is Mutual Fund Advisor and directly empanneled with major Mutual Funds. We offer you totally paperless online service to deal in mutual funds.
The exemption limit for the financial year 2019-20 available to a resident senior citizen is Rs. 3 lakh.
Third-party insurance premium for cars, two-wheelers and transport vehicles may go up with the regulator IRDAI proposing a substantial increase in premium rates for the current financial year.
Health insurance alone is not sufficient for old age. You need to have a separate healthcare contingency corpus too.