Under a quota share agreement, the sidecar will assume a portion of...
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Pension & Social Security
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CBI files Rs 1,816 crore EPFO investment fraud case against Reliance Capital
The CBI statement further said that it may also be recalled that it...
Swiss regulator opens enforcement proceedings against Zurich Insurance, bars sales of some new policies
“The regret is that we should have found it ourselves, which we...
PFRDA opens on-tap licensing for pension fund managers in India
"Earlier, registration of Pension Funds was undertaken through applications invited during specified registration windows. Pursuant to the decision of the Authority, the registration process is now being opened on a continuous 'on-tap' basis and shall remain open...
EPFO invites applications from provident fund trusts for amnesty scheme
Employers, stakeholders and the general public are advised to take note of the scheme, which will remain open for six months, a labour ministry statement said. New Delhi:Retirement fund body Employees' Provident Fund Organisation has invited applications for an...
Life insurance new business premiums rise 16.6% in Q1 on private insurers’ growth: Report
The report said the industry's new business premiums reached Rs 1.09 lakh crore in Q1FY27, while private insurers continued to outpace the overall market, strengthening their market share to nearly 40 per cent. New Delhi:India's life insurance industry started FY27 on...
India-UK trade pact: 5-yr exemption from social security payments to benefit 75,000 Indian professionals
The the Double Contribution Convention (DCC) "exempts Indian workers and employers from making dual social security contributions in the United Kingdom during temporary assignments. The period of exemption has been increased from 3 years to 5 years," New Delhi: Indian...
India’s Rs 42 lakh crore PMS industry at defining inflection point: SEBI
APMI Chairman Biharilal Deora said the PMS industry has emerged as an important component of India's wealth management landscape, driven by increasing investor awareness, rising demand for customised investment solutions and a supportive regulatory framework. New...
Telangana bans cash wages, brings gig workers under new regulations
While providing historic safety nets for labour, the new government order (GO) offers strategic advantages to corporate management and industry.The GO eliminates the "fragmented, friction-heavy industries-wise frameworks seen in other states" and implements a unified,...
APY records 1.35 crore new subscribers in FY 2025-26; AUM exceeds ₹54,000 crore
S. Ramann, chairperson, PFRDA, highlighted the significant rise in enrolments among the 18–25 age group, reflecting increasing awareness among youth regarding long-term financial security, and emphasised the need to further strengthen subscriber engagement and pension...
EPFO intensifies efforts for reduction of litigation, to use WhatsApp to enhance reach
Alongside clearing legal pendency, EPFO is moving to simplify how members interact with it. The organisation is planning to use WhatsApp to expand outreach and streamline services. New Delhi:The Employees' Provident Fund Organisation has sharpened its focus on cutting...
PMJJBY,PMSBY settle claims worth Rs25,160 cr since their launch in 2015
Nirmala Sitharaman,Finance Minister Citing data on the 11th anniversaries of the Jan Suraksha Schemes, Finance Minister Nirmala Sitharaman said that over 27 crore, 58 crore and 9 crore enrolments have been done under PMJJBY, PMSBY and APY, respectively. New...
Pradhan Mantri Suraksha Bima Yojana̤:Expanding financial safety net nationwide
New India Assurance(NIA) has established tie-ups with 316 banks,actively servicing around 8 crore account holders under the scheme in the financial year 2025-26 alone. This massive outreach has resulted in a total underwritten premium of approximately Rs.158 crores...