All e-Banking Transactions Should be Charge-Free: Finance Minister
The Finance Minister has asked banks to make all e-banking transactions to free of charge. The Minister was appreciated by
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Indians are Among Least Financially Literate: Global Survey
A global survey by credit card firm Visa shows that Indians are among the least financially literate people across the
Read moreA Certified Disease Will Only be the Pre-Existing Under Medical Insurance
The New Delhi District Consumer Disputes Redressal Forum said that a disease cannot be said to be pre-existing unless it
Read moreAssessee, Minor Children Eligible for Separate Tax Exemption: IT
The Kolkata Income Tax tribunal has clarified that long-term capital gains earned by the minors when clubbed/jointly taken with that
Read moreMF Distributors Exempted From Service Tax from July 1
Mutual fund agents and their sub-agents are exempted from service tax from July 1 for distributing or marketing mutual funds.
Read moreGrace Period of One Month for Paying Premium can be 31 Days: NCDRC
The National Consumer Disputes Redressal Commission (NCDRC) said that one-month grace period for the payment of insurance premium be taken
Read moreStop Charging Prepayment Penalty on Floating Rate Home Loans: RBI
The Reserve Bank of India (RBI) has already proposed not to levy prepayment or foreclosure charges by banks on home
Read moreCertificate of Deposit Rates to Rise Further on Liquidity Crisis
Short-term borrowing rates in India are expected to rise due to the credit crunch in the banking system. These rates
Read moreBanks Plan to Set up Loan Recovery by Auctioning Mortgaged Property
Here is a piece of bad news for loan borrowers! Think twice before taking loans, as you might simply lose
Read morePolicyholders May Benefit From IRDA Draft Norms on Claims Settlement
The new draft norms by the Insurance Regulatory and Development Authority (IRDA) on health insurance sector may help policyholders expect
Read moreHealth Insurers May Likely To Introduce Co-Pay in Group Policies
Following the order from the Ministry of Finance to cut losses in insurance industry, all the public sector general insurers
Read moreRBI Asks Three Co-Operative Banks Not to Accept Fresh Deposits
The Reserve Bank of India (RBI) asked three district co-operative banks – Osmanabad District Central Co-operative Bank, Jalna District Central
Read moreInsurance Ombudsman Plans to Handle Disputes Related to Wrong Products
Good news for policyholders who feel that they have been sold a wrong insurance product. Currently, ombudsman handles only the
Read moreLIC Raises Interest Rates on Loans Against Policies
Life Insurance Corporation (LIC) has increased interest rates on loans against insurance policies. It also increased interest rates on delayed
Read moreIRDA Asks Insurers to Introduce Health Cover up to 65 Years
The Insurance Regulator and Development Authority (IRDA), has proposed health insurers to make it mandatory to provide insurance cover to
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