Policyholders of defined-benefit health insurance policies may be given the choice to get claims in instalments or lump sum or a combination of bothThe new guidelines will now allow claimants to have a regular source of income for a reasonable amount of time
3 min read9 Apr 2019The Reserve Bank is seeking the public's comments on regulations relating to prepaid payment instruments such as e-wallets. Here is what it proposes for now
4 min read23 Mar 2017Minimum gold deposit is proposed at 30 gms and the interest earned on it would be exempt from income tax as well as capital gains tax
2 min read19 May 2015Guidelines on institutional agents mandate tie-ups with at least two insurers in same business
6 min read2 Apr 2015Comments on the guidelines can be submitted to the ministry of new and renewable energy by 12 January
1 min read8 Jan 2015RBI's draft guidelines on payments banks have received a cautious welcome from probable entrants
4 min read21 Jul 2014Infrastructure investment trusts were announced in budget to provide easier financing options to developers of public works
3 min read18 Jul 2014Payments banks to be limited to deposits and remittances; small banks to provide full suite of services
5 min read18 Jul 2014Draft guidelines discourage frequent churning so that policyholders can avoid financial losses
6 min read24 Jun 2014Draft rules on distributing National Pension System and grievance redressal is a step forward
5 min read9 Jun 2014The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared