From driving licences, free LPG connections, to Motor Vehicles Act: Here are rules that are changing from 1 October
From taxes on foreign fund transfers to the stopping of free LPG connections under the Ujjwala scheme, here are the major changes that will take place from 1 October
IRDAI has allowed insurers to collect health insurance premiums in instalments for products they deem appropriate, in view of the prevailing conditions due to COVID-19 outbreak, which has adversely affected economic activities
Insurance regulator IRDAI asks health insurers to settle claims within two hours as COVID-19 scare spreads
In light of prevailing conditions owing to COVID-19 as also taking into consideration the need for alleviating the pressure on the healthcare infrastructure, all the insurers shall decide health insurance claims expeditiously, it said in a circular.
Coronavirus lockdown: Premium payment date for renewal of health, motor insurance policies extended till 15 May
To help out people whose health and motor insurance policies are due for renewal during the coronavirus lockdown, the government has extended the renewal date till 15 May.
Flipkart enters into tie-up with ICICI Lombard, Go Digit; to offer COVID-19-focused health insurance policies at Rs 159 annual premium
It allows Flipkart's customers to submit digital copies of the claim document to the insurer for processing.
Coronavirus Outbreak: Airtel Payments Bank ties up with Bharti AXA to offer insurance products covering pandemic
In case, the policy holder is diagnosed negative after being quarantined for at least 14 days in a government hospital or military facility/establishment, he or she will be entitled to 50 percent of the sum insured.
Fintech app True Balance partners with ICICI Lombard to provide health insurance cover around 1 billion unbanked Indians
Along with the lump sum payout, the policy will cover health assistance benefit, virtual and tele consultation benefit and ambulance assistance.
PhonePe partners Bajaj Allianz for hospitalisation insurance policy for COVID-19; offers cover of Rs 50,000
Users can purchase the policy from the PhonePe app, and the customer is issued policy documents within the app, it said.
Edelweiss General Insurance to cover quarantined patients under policy cover of COVID-19; offers up to 100% of claim amount
This approval will be applicable, both for Edelweiss health insurance and Edelweiss group health insurance policies, till such time that the virus is declared as abated by the Government and/ or WHO, it said further.
ManipalCigna has launched a pocket-friendly and competitive top-up health plan called the ‘Super Top Up’.
Earlier this year, when the WHO scored countries based on their universal healthcare coverage, India scored 55 out of 100.
Govt courts private hospitals to boost health insurance programme, offers incentives; NHA likely to seek Rs 8,000 cr for next year
Launched last year, the scheme is critical to Prime Minister Narendra Modi’s plans to reform the country’s health system.
A tale of two hospitals in two countries: How an emergency revealed broken state of Indian healthcare
In a broken system, hospitals don’t trust insurance companies to pay bills; insurance companies don’t trust hospitals not to inflate charges; and the hospitals, insurers and patients all know that going to the courts with a claim means endless years of litigation, from which lawyers will be the only ones to profit.
India's healthcare industry is projected to grow to 17% by 2020. Despite advances, India's healthcare sector must deal with a plethora of challenges.
AI can go a long way in helping India attain a crucial sustainable development goal in health care.
Budget 2019: From industry status for realty to GST waiver on insurance premiums; corporate India's wish list
There are expectations that GST rates will be cut GST to a single, standard rate, and the multiple rates or taxes will be done away with
Don't be in a hurry to make tax-saving investments; seek professional guidance based on financial goals
Final choice of the investor for choosing a tax-saving instrument depends upon various factors like risk profile, the kind of tax-saving instrument which can be linked to a specific goal, tenure, and the taxability status.
India can't achieve 8% annual GDP growth without reducing income and gender inequality and improving healthcare
India is one of the most unequal countries in the world, with the top 10 percent controlling 55 percent of the total wealth against 31 percent in 1980, according to the 2018 World Inequality report.
US federal judge in Texas rules Obamacare unconstitutional; Donald Trump calls on Congress to pass new law
US District Judge Reed O'Connor ruled that 2017's tax cut bill knocked the constitutional foundation from under "Obamacare", by eliminating a penalty for not having coverage. The rest of the law cannot be separated from that provision and is therefore invalid, he wrote.
Following a 12-day strike, Uber drivers have demanded a fuel-price linked fare mechanism which the company has agreed t