To ensure a glitch-free rollout of the next-generation GST with reduced rates and lesser slabs, Finance Minister Nirmala Sitharaman chaired three separate meetings to assess GSTN's preparedness and the time it would take to implement technological changes required in the software systems.
Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.
Buying term insurance is not a one-size-fits-all purchase. It requires some level of deliberation to ensure that the policy aligns with your needs, life stage as well as future circumstances, says Casparus Kromhout, MD & CEO Shriram Life Insurance Company
Healthcare: Good news for all ASHA, anganwadi workers
The primary market will remain abuzz with more than half a dozen companies, including Hyundai Motor India, Swiggy, and NTPC Green Energy, lined up initial public offerings over the next two months to raise around Rs 60,000 crore, merchant bankers said. Apart from these three firms, Afcons Infrastructure, Waaree Energies, Niva Bupa Health Insurance, One Mobikwik Systems, and Garuda Construction are among the companies planning to launch initial public offerings (IPOs) during October-November, they added. Together, these firms are looking to raise Rs 60,000 crore through their IPOs.
Many high-profile IPOs in India since 2021 have destroyed investor wealth due to overvaluation, weak business models, and post-listing disinterest, turning 1 lakh investments into as little as 3,500.
From managing expectations to bearing the high cost of the procedure, IVF treatments are a complex emotional journey that could strain your marital relationship, warns Dr Venkata Sujatha Vellanki, regional medical head and fertility specialist at Oasis Fertility.
The Centre is considering a comprehensive health insurance scheme to cover about 25 per cent of India's poor, who are below the poverty line.
Before you buy a cashless benefit plan at lower premiums, check if you can make full use of it. Most don't even exhaust the entire benefit.
'While many policies say that they will cover mental illnesses, the wordings of a few still have mental illness as a permanent exclusion.' 'After the new IRDAI circular, such exclusions should go away.'
Have a query regarding health insurance or mediclaim policy? Maybe we can help. Drop us a line and our expert, Harsh Roongta, CEO of Apnapaisa.com, will answer it.
General insurance industry grew by 21 per cent in April-May, which saw private player ICICI Lombard fast catching up with the top four public sector insurers.
Bharti will move FIPB soon for increasing Axa's stake to 49%
The family floater health insurance plan is designed keeping in mind the coverage requirements of the entire family. Feature wise, it's quite similar to an individual health plan. The key differentiator is the fact that it provides complete health coverage to the whole family
Atishi, a former Delhi Chief Minister and AAP leader, accused the newly formed BJP government of failing to fulfill Prime Minister Narendra Modi's promise of providing financial assistance to women under the Mahila Samridhi Yojana. She questioned why the scheme, which promised Rs 2,500 to each woman in Delhi, was not passed at the first cabinet meeting.
On the heels of the National Family Health Survey-5 (NFHS-5), which revealed new demographic trajectories including the replacement level of fertility, the government will, on Monday, unveil extensive economic data related to health and the broader economy. New data will relate to per capita spending on health and proportions of the GDP to health spending. Health ministry sources said the NFHS-5 marked some areas for celebration but also some markers that should cause concern.
General insurance sector has also demanded exemption from MAT, claming that they do not enjoy any tax incentives.
In HDFC Life, the company has to pare 1.43 per cent, and in HDFC Ergo, it has to pare only 0.58 per cent.
hree big players -- ICICI Lombard General Insurance Company, Bajaj Allianz General Insurance and Apollo Munich -- have launched policies in tie-ups with spas, gymnasiums, yoga institutes, diagnostic centres and health food retailers to offer discounts to customers on these services and products.
As women become independent, they face the same financial risks as men do. To cut them down, insurance is necessary.
In the past 10 years, over 500 PSB officers have died by suicide. When targets are overwhelming, senior management and customers are both impatient, and there is constant fear, not every banker has the resilience to survive and thrive, warns Tamal Bandyopadhyay.
The East District Consumer Disputes Redressal Forum made this recommendation while ordering Apollo Munich Health Insurance Co Ltd to pay over Rs 180,000 to a policy holder for not reimbursing his treatment expenses and illegally cancelling his insurance cover after he submitted his claim.
The South Korean government is inviting applications for fully funded Seoul Tech Scholarships 2025.
Corporate India has paid 50 per cent (around Rs 600 crore) more on group health insurance this year. The premium paid on this account last year was Rs 1,200 crore (Rs 12 billion).
Prime Minister Narendra Modi asserted on Tuesday that India's water will no longer flow outside the country but will be utilized in the nation's interest, a statement seemingly directed at Pakistan following his government's decision to put the Indus Waters Treaty in abeyance after the Pahalgam terror attack. Addressing the ABP Network's 'India@2047' Summit, Modi emphasized his government's focus on interlinking rivers, noting that water used to be a source of conflict among states, before alluding to India's stance against Pakistan while discussing water. He highlighted the finalization of the India-UK free trade agreement as a historic milestone and underscored the importance of prioritizing national interest for achieving objectives and realizing the country's potential. Modi highlighted the country's growth and development under his government's rule, emphasizing its focus on welfare schemes and digitalization. He reiterated his government's commitment to 'Nation First' and pointed to the recent reforms undertaken, including the new Waqf law and the ban on triple talaq, which he said were aimed at benefiting the marginalized sections of society.
All costs relating to room, boarding, nursing expenses, medical consultation including telemedicine, consumables such as PPE kits and intensive care unit will be covered under the policy. It will also include the cost of treatment for any other co-morbidities, including pre-existing comorbid conditions along with the treatment for Covid-19.
IRDA's condition that treatment under AYUSH has to be at a government hospital or an institute recognised by the government makes insurance cover difficult.
Banks are increasingly offering a range of tailor-made financial products; however, there are some downsides.
Here is some good news for students going abroad. Medical insurance comes cheaper in India and sometimes, with better coverage.
While Star Health's policy for children is a step forward, it has a low sum insured and comes as a group cover.
With the Budget just round the corner, insurance companies have suggested a separate limit for deductions under Section 80C of the Income Tax Act, for long-term saving instruments like life insurance and exempt exempt exempt (EEE) treatment on the maturity proceeds of products.
Banks and insurers are beginning to reward customers who show exemplary conduct with lower prices and penalise those who behave poorly by imposing higher costs.
Group policies are more suitable for diabetics; these are negotiable & flexible.
With increasing cases of lifestyle diseases, opting for a critical illness health insurance policy makes sense.
rediffGURU Ramalingam Kalirajan answers your personal finance queries.
'It must become faceless, just as the entire direct tax assessment system has already become fully online, without any human intervention in the normal course,' recommends A K Bhattacharya.
Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.
With mobile data getting cheaper, insurers are introducing technologies that eases buying and lodging claims.
Sanjib Jha, CEO, Coverfox Insurance Broking, answers your health insurance related queries.
