Other income proved to be quite favorable and registered a 362.85 percent enhancement in 1QFY25 due to a gain recorded on the ...

Let's explore the importance of depreciation cover in car insurance and why you should consider adding it to your policy. ANI Updated At : 01:42 PM Jan 18, 2025 IST ...

Seth Godwin is a personal finance content creator who launches a ton of clips about cars since they influence such a large ...

The reduction in the car’s value over the years is called depreciation and the speed at which the value reduces is known as depreciation rate. In the article, we’ll break down the concept of ...

Recoverable depreciation is only applicable for replacement cost value (RCV) policies and allows policyholders to recoup the difference between the actual cash value (ACV) and RCV, after providing ...

This will likely be the case again in 2025, but watch for one issue in particular: bonus depreciation schedules that hide the true cost of the tax breaks. At a basic level, businesses pay taxes on ...

In today's dynamic economic landscape, various factors significantly influence the depreciation of assets. From interest ...

expected depreciation and agreed interest rate. You also have to set a mileage allowance at the start – exceeding this will incur a fee. All maintenance and tax costs are paid by you. Throughout the ...

Depreciation cover, also known as zero depreciation cover, is an add-on cover that can be purchased along with your comprehensive car insurance policy. The cost of depreciation is deducted from the ...

If you use your car for business purposes, you might be able to deduct car-related expenses such as depreciation, toll payments, insurance, parking fees, registration fees, repairs and tires.

Mumbai (Maharashtra) [India], January 18: Zurich Kotak General Insurance, provides insight on why car owners should go for a depreciation cover in car insurance. Many car owners focus on the basic ...