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

by AIP Online Bureau | Mar 3, 2019 | Eco/Invest/Demography, Indian News, Policy

  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...

Tomatoes May Help Fight Liver Cancer And Inflammation: Study

by AIP Online Bureau | Mar 2, 2019 | Facts, Health

Eating tomatoes could be associated with a decreased risk of liver cancer caused by high-fat diets, revealed a latest study. The study said that tomatoes are rich in lycopene- a strong antioxidant, anti-inflammatory and anti-cancer agent- adding them to your diet may...

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

by AIP Online Bureau | Mar 2, 2019 | Indian News, Life, Non-Life, Pension & Social Security, Policy, Workplace/Employee Benefits

  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...

Include special allowance in employees’ basic wage for PF deduction: SC

by AIP Online Bureau | Mar 2, 2019 | Indian News, Workplace/Employee Benefits

  New Delhi: The Supreme Court has held that special allowances paid by an employer to its employees have to be included in "basic wage" for deduction towards provident fund. The top court said this while dealing with a question on whether special...

Munich Re leads Pool Re’s £2.3bn terrorism retrocession placement

by AIP Online Bureau | Mar 1, 2019 | International News, Non-Life, Reinsurance, Risk Management

  London: Pool Re, Britain’s state-backed terrorism reinsurer, has today completed placement of its £2.3 billion retrocession programme with more than 50 international reinsurers, led by Munich Re. The programme, provided on a three-year basis, is one...
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