Policy

Govt extends deadline for linking PAN with Aadhaar till Sept 30

Indian News       Mar 31, 2019

  New Delhi: The government on Sunday extended the deadline for linking PAN with biometric ID Aadhaar by six months till September 30, as per an official statement.   However, quoting of Aadhaar will remain mandatory for filing income tax returns (ITRs), following the Supreme Court order.   ...

U.S weighs bids for putting Automated Vehicles on roads

International News       Mar 20, 2019

  The U.S. National Highway Traffic Safety Administration said Friday it was seeking public comment on General Motors’ 15-month-old petition seeking approval to deploy a limited number vehicles on U.S. roads without steering wheels or other human controls.   The agency also disclosed that Softbank-backed driverless delivery...

S C Khuntia, chairman, IRDAI

Govt sets up a high level panel under IRDAI chairman to overhaul Indian insurance sector

Indian News       Mar 17, 2019

  New Delhi:  In a bid to overhaul the Indian insurance sector, almost after 20 years of liberalisation of the industry,  the centre has appointed a high level panel under the chairmanship of S C Khuntia, chairman,IRDAI, just before the Modi government is ending its five-year ...

Govt to soon start selection process for new PFRDA chairman

Indian News       Mar 17, 2019

   New Delhi: The government will soon start selection process for a new chairman of pension fund regulator PFRDA to succeed the present chief, Hemant G Contractor, whose term is slated to end in April.   "The Finance Ministry will soon come out with an advertisement to...

Ex-SC Judge Justice PC Ghose set to be first Lokpal

Indian News       Mar 17, 2019

  New DelhI Former Supreme Court judge Justice Pinaki Chandra Ghose was on Sunday recommended to be the first Lokpal or anti-corruption ombudsman of India.   His name was finalised and recommended by the Selection Committee comprising of Prime Minister Narendra Modi, Chief Justice Ranjan Gogoi, Lok...

Aadhaar can be used voluntarily as ID proof, President signs ordinance

Indian News       Mar 03, 2019

  New Delhi: President Ram Nath Kovind has given his assent to an ordinance that allows voluntary use of Aadhaar as ID proof for obtaining mobile SIM cards and opening bank accounts.   The ordinance -- necessitated because the Rajya Sabha could not approve a Bill after...

Arun Jaitley,union finance minister

Govt allows one more pension option for left over employees of PSU insurance cos

Indian News       Mar 02, 2019

  New Delhi: Bringing cheers to almost 43,000 existing and retired employees of the public sector insurance companies, the center has at long last decided to allow one more opportunity to employees of Public Sector Insurance Companies (PSICs) who joined on or before 28th June 1995,...

New air passenger charter gives more rights to flyers

Indian News       Feb 27, 2019

  New Delhi: Civil Aviation Minister Suresh Prabhu on Wednesday released a "passenger charter" that lays out the rights of air travellers in the country.The new charter amended the norms for charges incurred by travellers on cancellation and rescheduling of air travel, among others.    But the...

Association of British Insurers warns on no-deal Brexit hit

International News       Feb 26, 2019

   London: The Association of British Insurers warned on Monday that if Britain leaves the European Union without a deal it could cause long-lasting damage to the UK insurance industry.   A no-deal Brexit could result in British insurers having to hold more capital than they need,...

Minimum assured return scheme for NPS subscribers soon

Indian News       Feb 24, 2019

  New Delhi:  Pension fund regulator PFRDA is working on a minimum assured return scheme (MARS) for subscribers of the flagship social security programme — National Pension System.   NPS is a contributory retirement savings scheme and seeks to inculcate the habit of saving for old age...

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