by AIP Online Bureau | May 24, 2025 | Workplace/Employee Benefits
The GST Council, chaired by Union Finance Minister and comprising state counterparts, in its meeting in December last year, did not take up the GoM reports on rate rationalisation and rate reduction in health and life insurance.. New Delhi: The GST Council is likely...
by AIP Online Bureau | May 24, 2025 | Indian News, Life
(L to R) Rishi Nath, official adjudicator, Guinness World Records, hands over certificate of achievement to Siddhartha Mohanty, CEO & MD, LIC, celebrating LIC’s Guinness World Record for the “Most Life Insurance Policies Sold in 24 Hours.” On January 20, a total...
by AIP Online Bureau | May 24, 2025 | Eco/Invest/Demography, Indian News, Pension & Social Security, Policy
EPFO, on February 28, had decided to retain the interest rate of 8.25 per cent on employees’ provident fund (EPF) deposits for the financial year 2024-25, equal to the rate provided in the preceding fiscal. Now the interest amount as per the rate ratified for...
by AIP Online Bureau | May 24, 2025 | Eco/Invest/Demography, Indian News
The IMD in April forecast above-normal cumulative rainfall in the 2025 monsoon season, ruling out the possibility of El Nino conditions, which are associated with below-normal rainfall in the Indian subcontinent New Delhi:The southwest monsoon reached Kerala on...
by AIP Online Bureau | May 24, 2025 | Indian News, Intermediaries, Non-Life, Regulation, Technology
According to the IRDAI order, even where outsourcing is given to an intermediary, the insurer retains the responsibility for all regulatory obligations and proper due diligence and monitoring of the outsourced service provider and the services provided Hyderabad/...
