GST rates on small cars and motorcycles up to 350 cc,...
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18% GST on re/insurance premiums of retail Life and Health covers removed from Sept 22, insurers have to pass on benefits to customers: Sitharaman
``We have decided to remove 18 per cent GST from all individual...
GST Council meet on rate reform begins; TDP supports, opposition bloc seeks revenue protection
The government had proposed completely exempting life and health...
82% of Indians either alarmed or concerned about global warming, says study
The study has found that the majority of the people belonging to three segments backed the formulation of policies to fight climate change and opined that the Indian government should be doing more to address global warming Thiruvananthapuram: About 82 per cent of...
Reliance shareholders, creditors approve demerger of financial services arm
The financial services arm will now be renamed to Jio Financial Services Limited and will undertake a host of financial services including setting up a life insurance as well as one general insurance company and the shareholders of Reliance Industries will receive one...
Additional contribution of 1.16 pc for higher pension to be drawn from employers’ payout
''It has been decided to draw 1.16 per cent additional contribution from within the overall 12 per cent of the contribution of the employers into the provident fund,'' a labour ministry statement issued late in the evening on Wednesday said New Delhi: Additional...
Delhi HC directs authorities to take action against fitting crash guards on vehicles
A bench of Chief Justice Satish Chandra Sharma and Justice Tushar Rao Gedela noted that crash guards and bull bars on motor vehicles are not allowed and the government agencies shall implement the provisions of law rigorously New Delhi: The Delhi High Court Wednesday...
El Nino likely to return in July, may impact Indian monsoon
India Meteorological Department (IMD) Director General Mrutyunjay Mohapatra said last week that any effect the El Nino might have on monsoon will only be visible during the second half of the season ''It is not necessary that an El Nino will lead to a bad monsoon. Of...
Remuneration norms of pvt sector insurers MDs to be applied for their KMPs also, proposes IRDAI
The step will give more clarity to the extent of variable pay with respect to the total remuneration of directors and KMPs, variable pay deferral, malus and clawback provisions, accounting disclosures, said the IRDAI Hyderabad: The existing framework, in operation...
Maha: Court awards Rs 1.19 cr compensation to family of man killed in road accident
MACT member M M Walimohammed, in the order passed on April 25, directed Gulnar Plastics Pvt Ltd at Silvassa, the owner of the offending vehicle, and its insurer Tata AIG General Insurance Company Ltd, to jointly and severally make the payment of Rs 1,19,64,400 to the...
General insurers can now issue 30-yr fire policies
Hyderabad: The general insurers will now be allowed launch 30 -year fire insurance policies. Taking in to consideration the need for long-term coverages in fire Insurance products, , it is proposed to permit general insurers offer “long-term products” covering Fire...
Indeerjit Singh assumes charge as SG, GI Council
Indeerjit Singh, Secretary General, General Insurance Council Mumbai; Indeerjit Singh,59,director and general manager, GIC Re, on Tuesday has assumed the charge of secretary general of General Insurance Council(GI Council), the official self regulatory...
Reliance General offers covers to Swiggy’s Delivery Partners
Reliance General Insurance is providing a unique health insurance product along with personal accident and mobile phone insurance coverage to Swiggy’s fleet of 3 lakh delivery partners across the country through Gallagher Insurance Brokers Pvt. Ltd. Mumbai: Reliance...