Effective from 1st April 2025, salaried individuals earning up to ₹12.75 lakh can pay zero income tax under the new tax regime. Thus, the new income tax regime 2025 continues to simplify the taxation guidelines while offering lower slab rates and minimal exemptions. Currently, the new income tax regime under Section 115BAC is the default tax system in India. It offers concessional tax rates across income slabs while removing most deductions and exemptions, thereby making tax compliance smooth and more transparent.

Imagine you need a cataract surgery or a chemo session, something that is fast, same-day, and you are home by evening. Will your health insurance cover it if there is no overnight stay?  

In the daycare treatment clause, there are hundreds of medical procedures that take less than 24 hours and are fully covered under your standard health insurance plans. 

  Day care treatment meaning to be precise, is a medical procedure that requires formal hospital admission but not an overnight stay. The day care treatment list covers more than 100 procedures across 13 medical specialties, including treatments related to oncology, gastroenterology, urology, and several other areas of care.  

This guide covers the exact meaning of day care treatment, a categorised list of 100+ covered procedures, the claim process, waiting periods, and what can get your claim rejected, so that you're fully prepared.  

ULIP taxation rules have undergone significant changes in the Budget 2021 announcement. This has made it crucial for investors to clearly understand the taxability of ULIP before investing. As per current rules, if the annual premium paid for all ULIPs is up to ₹2.5 lakh, the maturity amount received is tax-free. However, the policies where premiums exceed ₹2.5 lakh are subject to capital gains tax on maturity. It is important to note that the death benefit remains fully tax exempt in all cases without limitation.

Marriage brings changes in life. It changes your personal life and your financial priorities. With new responsibilities, you need to review your financial protection. In this case, health insurance is especially important.  

What worked well individually may no longer be sufficient when planning a shared future. After marriage, it is important to update your policy. This ensures both partners get proper health protection. Read on to explore the key changes to make in your health insurance policy after marriage. 

Unexpected medical expenses are a burden for all, regardless of age. Despite being healthy one day, getting sick or hurt the next day is not surprising. Health insurance for young adults is important to address this uncertainty.

Buying health insurance while you are younger is one way to have financial security. An unexpected high medical expense can use up all your savings and may lead to debt in the worst-case scenario.