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How to claim HRA if you are living with your parents

Business Standard

How to claim HRA if you are living with your parents If you have opted for the old tax regime this financial year, and are currently living in your parents house, you can still claim house rent allowance and save on taxes without violating any laws. HRA or house rent allowance is the most common allowance received by the ...

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Centre directs banks to ensure nominees for all accounts and lockers

Business Standard

Centre directs banks to ensure nominees for all accounts and lockers RBI hikes repo rate by 35 bps to 6.25%, cuts FY23 GDP forecast to 6.8% RBI MPC: Here is what experts have to say about the policy announcement RBI to come out with centralised web portal to search unclaimed deposits MPC lowers projection for inflation, raises growth outlook a ...

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How to book train insurance for less than a rupee, claim up to Rs 10 lakh

Business Standard

How to book train insurance for less than a rupee, claim up to Rs 10 lakh The tragic train accident in Odisha has once again brought to light the importance of travel insurance, safety and financial protection of rail passengers. While Railway Minister Ashwini Vaishnaw has announced an ex gratia payment of Rs 10 lakh in case of death, ...

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Irdai instructs insurers to ease, expedite claims settlement for victims of Odisha train accident

Irdai instructs insurers to ease, expedite claims settlement for victims of Odisha train accident [ad_1] The Insurance Regulatory and Development Authority of India (Irdai) has issued guidelines that insurance companies must follow when settling insurance claims of victims of the recent train accident tragedy in Balasore, Odisha. India saw one of its deadliest train disaster in decades on Friday near ...

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Rupee drops 37 paise against US dollar ahead of June monetary policy meet

Business Standard

Rupee drops 37 paise against US dollar ahead of June monetary policy meet The rupee depreciated almost half a percentage point against the dollar on Monday, ahead of the June monetary policy review meeting and after the Opec-plus countries decided to cut supply. The Indian rupee closed at 82.68 a dollar as compared to the previous close of 82.31, ...

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RBI Governor launches financial inclusion dashboard ‘Antardrishti’

Business Standard

RBI Governor launches financial inclusion dashboard ‘Antardrishti’ RBI Governor Shaktikanta Das on Monday launched a financial inclusion dashboard named ‘Antardrishti’. The dashboard would, as its name suggests, provide the necessary knowledge to evaluate and track the development of financial inclusion by recording relevant data, according to a statement. First Published: Jun 05 2023 | 11:28 PM IST

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Expected pause, surprise on stance?

Business Standard

Expected pause, surprise on stance? A positive growth surprise from the gross domestic product (GDP) data and a downside inflation surprise from the recent consumer price index (CPI) prints provide a touch of ‘Goldilocks’ in the backdrop of the June Monetary Policy Committee (MPC) meeting. The predictability quotient is high for the June MPC as there is near unanimity among ...

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Liberty General Insurance sets up helpline to process claims

Business Standard

Liberty General Insurance sets up helpline to process claims Insurance provider Liberty General Insurance on Monday said it has set up a dedicated 24/7 helpline facility to serve the families of the victims who lost their lives in the Balasore train accident that left at least 275 people dead and 1,100 injured. Liberty General Insurance provides personal accident ...

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Life certificate submission at any branch, online deposit claim settlement: RBI committee’s major recommendations

Life certificate submission at any branch, online deposit claim settlement: RBI committee’s major recommendations [ad_1] Last year, the Reserve Bank of India (RBI) had formed a committee to examine the customer services provided by RBI-regulated entities (RE) such as banks, non-bank financial companies (NBFCs), and payment service operators. This Committee’s mission was to monitor and review the quality of customer ...

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