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26.01.2022 / 15:52

Budget 2022: Insurers urge higher 80 C investment limit; GST on health products reduced

₹1 lakh for insurance premium payment under Section 80 C of the Income Tax Act in the upcoming Union Budget to bring in more people under the ambit of insurance MUMBAI :

Nirmala Sitharaman India city Mumbai pandemic Health CEO

Coronavirus has Canadians flocking online for deals on financial products

EQ Bank nearly two years to grow from $2 billion to $3 billion in deposits. But just in the past three months, the online platform of Equitable Bank soared past the $4-billion mark.About 60 per cent of that increase was due to the novel coronavirus pandemic, estimates Mahima Poddar, senior vice president of strategy and digital banking at Equitable Bank.“It’s natural that Canadians are becoming more value-conscious and more savings-conscious,” Poddar says.There are probably a number of factors at play, she says.For one, as the economy tanked and jobs disappeared, many rushed to build up or beef up their rainy-day savings.

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COVID-19

United States	Cases: 46 252 513 Deaths: 750 423 Recovered: 0
India	Cases: 34 321 025 Deaths: 459 652 Recovered: 0
Brazil	Cases: 21 835 785 Deaths: 608 235 Recovered: 0
United Kingdom	Cases: 9 215 683 Deaths: 141 607 Recovered: 0
Russia	Cases: 8 494 589 Deaths: 237 619 Recovered: 0

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