Explained: What the raging debate about inheritance tax is all about

Explained: What the raging debate about inheritance tax is all about

Hello, readers! In our weekly Personal Finance newsletter, we explain the intense debate surrounding inheritance tax, Irdai's decision to eliminate the age limit for purchasing health insurance, explore why 20,701 NGOs have lost their FCRA licences since 1976, and much more.

Latching on to the comments made by Sam Pitroda on inheritance tax, Prime Minister Narendra Modi on Wednesday alleged that the opposition Congress was planning to take away properties left by people for their children. On its part, the Congress has refuted any intention to introduce any such tax. Despite this, BJP leaders are in no mood to relent.

Amid this raging debate, we look back at history to understand the present. And also find out how some developed nations have adopted the inheritance tax. Read here

Explained: 17,000 ICICI Bank credit cards blocked after data breach


Door opens for senior citizens to get health insurance: What they should do

Irdai has introduced the new Insurance Products Regulations 2024, mandating insurers to offer health insurance plans to all age groups. This replaces the previous requirement that health policies must offer an entry age of at least 65 years. Sanjay Kumar Singh and Karthik Jerome explain the implications for the elderly. Read here

Why 20,701 NGOs lost their FCRA licences since 1976: Cause, impact decoded


IVF: How much does it cost? Is it covered by insurance? Queries answered

IVF, or in vitro fertilisation, involves the combination of a woman's egg with a man's sperm in a laboratory dish. The fertilised egg develops into an embryo, which is then implanted into the woman's womb. However, IVF requires a great deal of patience, perseverance, and determination from most couples. To understand how IVF works and how couples hoping to become parents can save up for IVF, Business Standard's Surbhi Gloria Singh consulted experts from the medical and insurance sectors. Read here

Rules decoded: Your child won't be covered in family health insurance if...


Other Reads on Business Standard

Check out some of Business Standard's other insightful stories on NPS vs mutual funds, impact of Israel-Iran war on stocks, credit card cash payments, and more:

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Spain joins UK, Portugal in scrapping Golden Visas: All you need to know

Math mishaps: Don't end up paying more tax! Avoid these common ITR mistakes

Iran-Israel war: How this impacts stocks, gold and what should investors do

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NPS vs mutual funds: The better choice to set up your retirement corpus


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SHYAM KUMAR

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