IRDAI sets up expert committee to advice on improving health insurance in India

India’s insurance regulator IRDAI has set up an advisory committee composing some of the country's foremost medical practitioners and...

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Revenue department clarifies KYC requirements for gold, silver purchases above Rs 2 lakh

No new KYC disclosures have been mandated for cash purchase of gold, silver or precious gems and stones and only high-value cash transactions...

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New Labour Codes could widen overtime pay to white-collar, managerial employees

Professionals working extra hours may have something to cheer for in the new labour codes as the new law, if implemented in its entirety, would widen...

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SEBI issues guidelines for transfer, dematerialisation of re-lodged physical shares

Securities and Exchange Board of India has shared operational guidelines to credit physical shares in demat account of investors following re-lodged...

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RBI to make banks pay for high level of consumer complaints filed with Ombudsman

As per a report in “The Economic Times’, the RBI has announced imposition of monetary disincentives on banks if they fail substantially...

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RBI to set digital payment security control rules

The Reserve Bank of India (RBI) will issue guidelines on ensuring that digital transactions such as card payments, mobile wallets, UPI, mobile...

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Employees can buy goods in family member's name under LTC scheme, goods bought on EMI allowed

Central government employees availing the LTC cash voucher scheme can purchase goods or services in the name of spouse or other family members...

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Nirmala Sitharaman launches facility for instant, free PAN using Aadhaar on IT department website

Finance Minister Nirmala Sitharaman has officially launched the instant Permanent Account Number (PAN) facility which uses Aadhaar number based...

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Trai cautions public on use of online conferencing apps to avoid bill shocks

The Telecom Regulatory Authority of India (Trai) has warned the public to be careful while using online conferencing apps to avoid bill shocks,...

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Sebi launches SCORES app for lodging investor grievances

The Securities and Exchange Board of India (Sebi) launched a mobile application for lodging investor grievances, reports The Economic Times.

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