← back
Ep 232 Does Filing IT Returns Cost You Ration Card and Pension Benefits
Original: EP-232 | IT Returns File చేస్తే మీ Ration card & Pension benefits పోతాయా? Ask Moneypurse
Takeaway
Filing ITR doesn’t automatically strip benefits unless your real income exceeds state limits; small-cap air-cargo Aforce has rare-licence moat with strong FY26 guidance.
Summary
- Ration card income limits: Telangana rural Rs 1.5L/yr household, urban Rs 2L/yr; AP rural Rs 60k, urban Rs 75k. Pension eligibility AP: rural <Rs 10k/mo, urban <Rs 12k/mo household income.
- If your actual income exceeds these limits you are ineligible for ration/pension even if you don’t file ITR - systems aren’t yet that efficient but rules say so. Filing ITR builds credit history for future loans.
- Aforce Holdings (logistics): airport-to-airport 24-hr cargo with 2 dry-leased and 3 wet-leased Boeing 737s, adding 2 more dry leases by Aug; wide-body 777 planned. FY26 guidance Rs 1,000 cr revenue, 30% EBITDA.
- Reader plans Rs 30L in Senior Citizen Savings Scheme using quarterly Rs 60k payout to service a Rs 20L land loan EMI (~Rs 20k at 8.5%, 15 yrs).
ITRration cardAforce
Original description
🔗 Secure your future with Axis Max Life Smart Term Plan Plus: https://rebrand.ly/MoneyPurse-V2 Term insurance isn’t just an option—it’s a necessity to protect your loved ones. Axis Max Life Smart Term Plan Plus offers: ✅ ₹1 Cr life cover @ just ₹577/month ✅ 15% discount for salaried individuals ✅ 3-hour claim guarantee (on eligible claims) ✅ 99.7% claim settlement ratio ✅ 100% premium return with Special Exit Value ✅ 150% Smart Cover benefit 💡 Plan smart. Insure smarter. #TermInsurance #AxisMaxLife #SmartTermPlanPlus #MoneyPurse #DoubleBharosa #LifeCover #FinancialPlanning Follow our WhatsApp channel 👉 https://tinyurl.com/32cra3sc TELEGRAM: https://telegram.openinapp.co/money-purse Moneypurse Get Fit Family 👉 https://strava.app.link/4U0TAr1zzTb In this episode of #AskMoneyPurse EP-232, we cover some of the most frequently asked questions around finance and investments. We begin by answering whether filing Income Tax Returns (ITR) will affect your eligibility for Ration Cards or Government Pension benefits. Then, we reveal a unique stock that has shown an incredible 300% growth in just one year and discuss whether it’s still worth considering. We also talk about a common doubt—can you pay EMIs using funds from the Senior Citizens Savings Scheme? Later, we explain if it’s the right time to invest in Arbitrage Funds and compare SIFs (Structured Investment Funds) with AIFs (Alternative Investment Funds). With the recent rally in the banking sector, we explore if it's a good time to book profits from banking stocks. For mutual fund investors, we suggest the best Fund of Fund (FoF) to consider in 2025. We also present a smart and simple strategy to earn monthly income, followed by recommendations to start your SIP in promising AI and Robotics mutual funds. Finally, we end with a practical tip on how to check your dividend amount with ease. Whether you’re a beginner or a seasoned investor, this episode packs powerful insights for everyone! #moneypurse, #moneypursetelugu#moneypurselatestvideo#AskMoneyPurse #IncomeTaxReturns #RationCard #PensionBenefits #AIandRoboticsFunds #BankingStocks #SIPPlans #MonthlyIncomeStrategy #DividendTips #MutualFunds2025 #FinancialFreedom #MoneyPurse Stay In Touch👇 Also connect with us on👇 📷Instagram: https://www.instagram.com/moneypurseadv/ 🕊Twitter: https://twitter.com/Moneypurseadv 📱Facebook: https://www.facebook.com/moneypurseadv/ Thanks for watching.. Team Money Purse 00:00 Will you lose Ration card and Pension Benefits if you file Income Tax Returns? 03:04 This High entry barrier stock would see 300% Growth in 1 year 06:33 Paying EMI from Senior citizens savings scheme 10:53 Invest in Arbitrage fund 13:56 Sunday Funday 14:21 SIFs are better than AIFs? 15:20 Time to book profits from Banking Stocks 16:26 Best FoF to invest 18:24 This is the Best strategy to get Monthly Income 20:28 Start your SIP in these AI and Robotics Funds 23:58 How to check Dividend Amount?