Life Insurance

Life Insurance News

Pradhan Mantri Suraksha Bima Yojana: Get Rs 2 lakh insurance by paying just Rs 20 annually; details here
Business

Pradhan Mantri Suraksha Bima Yojana: Get Rs 2 lakh insurance by paying just Rs 20 annually; details here

A premium of Rs 20 per annum will be deducted from the bank account of the subscriber in one installment. The accident cover for the member will be terminated once he/she reaches the age of 70 years

Participating and non-participating life insurance policies: Differences, all you need to know
Business

Participating and non-participating life insurance policies: Differences, all you need to know

The insurance company's reimbursement will allow the policyholder's family to make up for the lost income, keeping them mostly in good financial standing

Does term plan work better for home loan liability? Find out here
Business

Does term plan work better for home loan liability? Find out here

In the case of term cover option, there is no connection between the lender and the insurer. The borrower is required to procure the term policy on his/her own

Char Dham Yatra: Pilgrims to Kedarnath, Badrinath, Gangotri and Yamunotri to get Rs 1 lakh accident insurance cover
India

Char Dham Yatra: Pilgrims to Kedarnath, Badrinath, Gangotri and Yamunotri to get Rs 1 lakh accident insurance cover

The insurance coverage will be provided to pilgrims by United India Insurance Company Ltd on behalf of Manav Utthan Seva Samiti. It will be given to pilgrims if they meet with an accident on the premises

Centre raises premium for flagship insurance schemes PMJJBY, PMSBY
India

Centre raises premium for flagship insurance schemes PMJJBY, PMSBY

The premium rate of PMJJBY has been revised upward to Rs 1.25 per day, translating into an increase from Rs 330 to Rs 436 annually, while the annual premium for PMSBY has been hiked from Rs 12 to Rs 20

Higher capital expenditure will keep economic revival going, says Finance Minister Nirmala Sitharaman
Business

Higher capital expenditure will keep economic revival going, says Finance Minister Nirmala Sitharaman

The central government in the Union Budget on Tuesday announced a sharp increase of 35.4 per cent in the capital expenditure to Rs 7.50 Iakh crore in the financial year 2022-2023, around 2.9 per cent of the GDP

Budget 2022: GST rates for insurance should be brought down; increase needed in investment limits
Business

Budget 2022: GST rates for insurance should be brought down; increase needed in investment limits

Union Budget 2022-23: Pandemic has taught us the importance of buying insurance and the need for fiscal prudence and security

Budget 2022: Increase digital literacy, improve internet connectivity to boost fintech sector
Business

Budget 2022: Increase digital literacy, improve internet connectivity to boost fintech sector

Union Budget 2022-23: There should be measures to ease liquidity flow to NBFCs, fintech and empower customers to avail credit products that could boost the sector

Budget 2022: Three focus areas that can propel India to a job-intensive, high growth trajectory
Business

Budget 2022: Three focus areas that can propel India to a job-intensive, high growth trajectory

Union Budget 2022-23: There are initiatives in the infrastructure sector that can be supported and where a quantum jump in expenditure can lead to significant benefits and increased employment

Budget 2022: Discouraging crypto assets will wipe out emerging investing classes, impact blockchain innovations
Business

Budget 2022: Discouraging crypto assets will wipe out emerging investing classes, impact blockchain innovations

Union Budget 2022-23: The government should realise that progressive crypto regulations will lead to an innovative financial ecosystem

Budget 2022: Will Nirmala Sitharaman provide much-needed booster dose to economy?
Business

Budget 2022: Will Nirmala Sitharaman provide much-needed booster dose to economy?

Union Budget 2022-23: The government should rationalise customs tariff and provide clarity on double taxation in ocean freight

Budget 2022: Promote UPI transactions, lower transaction costs to strengthen digital payment ecosystem
Business

Budget 2022: Promote UPI transactions, lower transaction costs to strengthen digital payment ecosystem

Union Budget 2022-23: The government must promote RBI plan to route smaller transactions through on-device wallets on UPI app

Budget 2022: FM may focus on roadmap to recovery for economy through job creation, demand generation
Business

Budget 2022: FM may focus on roadmap to recovery for economy through job creation, demand generation

Union Budget 2022-23: The lower than expected fiscal deficit, plan to speed up asset disinvestment and monetisation could impact bourses

Budget 2022: Will Nirmala Sitharaman’s present a popular budget in election year?
Business

Budget 2022: Will Nirmala Sitharaman’s present a popular budget in election year?

Union Budget 2022-23: Lowering taxes, easing credit options and stoking consumption would boost MSMEs

Budget 2022: Success of critical government initiatives for industry tied to consumer market
Business

Budget 2022: Success of critical government initiatives for industry tied to consumer market

Union Budget 2022-23: The government must consider giving booster shots to the consumer market sector

Budget 2022: Allow taxpayers to correct mistakes while filing GSTR-9 returns
Business

Budget 2022: Allow taxpayers to correct mistakes while filing GSTR-9 returns

Union Budget 2022-23: The government should consider introducing revised annual GST return system

Budget 2022: Cryptocurrency sector riddled with bottlenecks; time to bring policy change
Business

Budget 2022: Cryptocurrency sector riddled with bottlenecks; time to bring policy change

Union Budget 2022-23: The finance minister should consider formulating policies to leverage growth from emerging technology such as blockchain tech which serves as the backbone of crypto

Budget 2022: Financial services plea for simplification, standardisation of compliance, risk mitigation norms
Business

Budget 2022: Financial services plea for simplification, standardisation of compliance, risk mitigation norms

Union Budget 2022-23: The financial services sector seeks simplification of regulatory compliances and government grants to meet tech costs

Budget 2022: Social welfare expenditure likely to be area of focus with impact of pandemic
Business

Budget 2022: Social welfare expenditure likely to be area of focus with impact of pandemic

Union Budget 2022-23: The government has an opportunity to build on last year’s Budget and the momentum it has achieved in growth

Budget 2022: Decoding Corporate India’s expectations from Nirmala Sitharaman
Business

Budget 2022: Decoding Corporate India’s expectations from Nirmala Sitharaman

Union Budget 2022-23: To tide over difficult times, India Inc. expects the Budget to provide them with the tools to cover lost ground and to take advantage of the opportunities that lie ahead