Other Insurance

IRDAI asks Reliance Health Insurance to stop selling new policies

The Insurance Regulatory and Development Authority of India (IRDAI) has sought to reassure policyholders of RHICL that all their interests have been...

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Banking

RBI: From January 2020, Banks cannot charge for online NEFT transactions

In its latest press release titled, ‘Furthering Digital Payments’, the Reserve Bank of India has directed all banks to stop charging...

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Tax

Income tax to roll out instant PAN feature online soon

The ET has reported that the Income Tax (IT) Department will soon start issuing permanent account numbers (PAN) online using details from the Aadhaar...

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Consumer Issues

NCDRC: Flyers stuck at airport have right to free food, stay

The NCDRC has ruled that passengers have the right to food, refreshment and accommodation if they are stuck at the airport due to a delayed flight.

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Consumer Issues

Techies turn to old SC order for ‘Aadhar’ to avoid linking their unique ID with EPFO

According to current EPFO rules, linking Aadhar with individual provident fund accounts is mandatory. However, many employees are quoting the SC...

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Retirement

Labour ministry shelves proposal to switch between EPS and NPS after protests from EPFO, trade unions

The government has shelved the proposal to allow provident fund subscribers to switch from Employees' Pension Scheme (EPS) to National Pension System...

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Retirement

Now Workers Can Get UAN from EPFO Directly, Store Pension Documents Digitally

Retirement fund body EPFO has launched a facility for formal sector workers to obtain universal account number (UAN) online without depending on...

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Retirement

EPFO Members Pension May Start After 60

The Employees’ Provident Fund Organisation (EPFO) may soon give members an option to start drawing their pension once they turn 60 instead of...

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Mutual Funds

Mutual funds object to DHFL’s securitisation deals

Negotiations on the Dewan Housing Finance Corp. Ltd (DHFL) debt resolution plan seem to have hit a roadblock. As reported by The Economic Times,...

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Regulation

Banks Cannot Chase Loans using Agents, orders RBI

Banks will have to change the way they chase retail loans. The Reserve Bank of India (RBI) has banned the use of direct selling agents (DSAs) to...

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