Irdai approves modification on withdrawn life insurance products The alterations are introduced to give additional benefits and flexibility to existing policyholders, ensuring they are not adversely impacted

Children from void, voidable marriages are legitimate, can claim rights in parents’ properties: SC [ad_1] The Supreme Court on Friday held that children born out of “void or voidable” marriages are legitimate and can claim rights in parents’ properties under the Hindu Succession law. According to the Hindu law, the man and woman in a void marriage do not have ...

Only 30 days left! Exchange Rs 2,000 banknotes by Sept 30; check details The Reserve Bank of India (RBI) has set a maximum of Rs 20,000 on the amount that can be exchanged for a single Rs 2,000 note till September 20

83-yr-old Woman, Not Liable To File Tax Returns, Wins Case Against Fine [ad_1] (This story originally appeared in on Aug 18, 2023) MUMBAI: An 83-year-old widow, who was not liable to file her IT return, has obtained a favourable order from the income-tax appellate tribunal (ITAT), Delhi bench. The tax tribunal set aside the penalty imposed on her for not ...

new rbi rules: RBI’s new rules may increase your EMIs, make it difficult to get home loans for some [ad_1] The eligibility of borrowers for loans may decline, while banks and finance companies may be compelled to increase the Equated Monthly Installments (EMIs) for select home loans in response to rising interest rates, following the implementation of the Reserve Bank ...

Fitch affirms SBI's long term rating at 'BBB' on asset quality, loans Agency revises outlook for lender’s asset quality score from ‘stable’ to ‘positive’

take-home pay: Income tax department notifies rules for valuing rent-free accommodation provided by employers [ad_1] Employees drawing substantial salaries and having rent-free accommodation provided by their employers will now be able to save more and get a higher take-home salary as the income tax department has revised norms for valuing such houses. The Central Board of Direct Taxes (CBDT) has ...

Canara Bank launches UPI Interoperable Digital Rupee mobile app [ad_1] Canara Bank announced the launch of its UPI Interoperable Digital Rupee mobile application that allows users to pay with digital currency by scanning any merchant’s UPI QR code. This move is a part of the Reserve Bank of India’s Central Bank Digital Currency (CBDC) pilot project. “With the introduction of ...

Delhi HC orders release of seized old cars if owners meet set conditions [ad_1] (This story originally appeared in on Aug 23, 2023) NEW DELHI: Striking a balance between ownership rights and anti-pollution measures, the Delhi high court Tuesday ordered the release of “end of life” vehicles seized for scrapping under two conditions while imposing several riders. Hearing petitions by ...

Delhi: Five pending traffic challans may log you out! [ad_1] (This story originally appeared in on Aug 23, 2023) NEW DELHI: Beware, if you have allowed traffic challans to pile up without paying them, you might not be able to carry out crucial work related to your vehicle through the online Vahan portal. The transport department has decided that evaders ...