WebOct 25, 2024 · His long-term care insurance premium is $4,000 per year. Based on the chart listed under the INDIVIDUAL section above, in 2024 he is eligible to deduct up to $4,510. Therefore, he can deduct his entire $4,000 premium. (If Bob were 55, he could only deduct $1,690 for tax year 2024 as a Self Employed Health Insurance Deduction for LTC … Webthe face amount of the policy, if specified in the policy. if you are receiving the proceeds in installments, whether there is a refund or period-certain guarantee. If federal income tax was withheld from the life insurance proceeds. The tool is designed for taxpayers who were U.S. citizens or resident aliens for the entire tax year for which ...
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WebMar 1, 2024 · What is the Insurance Regulatory and Development Authority (IRDA)? The Insurance Regulatory and Development Authority is the main organization or supervisory body that regulates the insurance sector in the country. It sets rules and regulations for the functioning of the insurance industry. WebApr 11, 2024 · The latest to get the licence is Kshema General Insurance and earlier in the year Credit Access Life and Acko Life were given licences, Panda said, adding the … cst.bfil.co.in tw
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WebMay 26, 2024 · As per The Motor Vehicles Act, 1988, you must insure your vehicle with at least a 3rd Party Bike Insurance policy. Driving a two-wheeler without insurance on Indian roads is a punishable offence, and you could be penalised with a fine of Rs. 2,000 for the first offence, and Rs. 4,000 and/or imprisonment of up to 3 months for the subsequent … WebInsurance Regulatory and Development Authority of India(IRDAI) is a statutory body set up for protecting the interests of the policyholders and regulating, promoting and ensuring … WebIC38 exam is an initial step to become a (Life/ Health/ General) Insurance Agent/Advisor. The Insurance Institute of India (III), conducts the IC-38 exam. Candidates are required to score a minimum of 18 marks to pass the IRDA IC-38 certification online exam. IC38 exam consists of 50 questions. To successfully pass the IC-38 exam, a candidate ... cst b fast