Searched for
BANK NOMINEE RULES
Mother nominated son in her savings bank a/c, but both died, father faced long delay in getting funds; Consumer Commission orders Rs 10,000 compensationErnakulam, Kerala: Husband faced challenges and long delay in accessing late wife’s savings bank account as nominee died; Consumer commissi...- Buying property abroad for your NRI child? Know how much Indian parents can transfer and the tax implicationsNavigating overseas property purchases for NRI/OCI children can be complex for Indian parents, entangled in regulations like FEMA and RBI's...
- ₹1 crore accidental death claim rejected over alleged income inflation; here’s why wife won against insurerAn insurer's attempt to deny a Rs 1 crore accidental death claim based on alleged income inflation backfired. The consumer commission ruled...
- Tata Sons listing: Who holds the shares, who holds the cardsTata Sons’ board has backed Chandrasekaran for another five years and begun considering steps to meet RBI requirements that could lead to a...
- Inside the Tata power struggle: Who controls the group, and who calls the shots?Tata Sons' board reappointed its chairman, facing opposition from the controlling Tata Trusts. The charity arm protested this decision, cit...
- TCS, Tata Chemicals, other Tata stocks tumble up to 8% as Tata Trusts calls Chandrasekaran’s tenure extension illegalTata stocks took a notable hit following the declaration by Tata Trusts that Chandrasekaran's reappointment was illegal. The Reserve Bank o...
- Tata Sons approves five-year extension for N Chandrasekaran to prepare for IPOTata Sons' board approved N. Chandrasekaran's reappointment as executive chairman for five years. The company also initiated plans for a po...
- Tata Sons to discuss RBI's listing rule, Chandrasekaran's reappointment at Board meetingTata Sons board meets Thursday with legal opinions on RBI listing directive and chairman's reappointment. The nomination committee seeks N ...
- Did you change your EPF nomination after marriage? Time to act is now, as it becomes invalid if you don’tDid you realize that getting married may nullify your EPF nomination? This frequent oversight can lead to significant issues for your famil...
- 'Don't keep your money in...': Before you turn 30, Bengaluru CA says you should know these 5 money rulesBengaluru CA Meenal Goel shared five money rules she wishes she knew at 25. She advised checking EPF contributions regularly, adding nomine...
- Can an NRI be a nominee for PPF, NSC or SCSS? Here’s what happens to the money after the account holder diesNRIs can now be nominees for India's small-savings schemes like PPF and NSC, a change from 2023. While they can receive proceeds, repatriat...
- South Korea names veteran technocrat Lee Hyoung-il as new finance chief in cabinet reshuffleSouth Korea announced a significant cabinet reshuffle on Sunday. Lee Hyoung-il was appointed as the new deputy prime minister and finance m...
- Divorce dispute turns into legal battle: The financial costs a husband may faceThe aftermath of matrimonial disputes often lingers long after a marriage has ended, imposing hefty financial and legal challenges on men. ...
- Deceased father's Rs 2 lakh PMSBY insurance payout denied after his name and age mismatched in records; son fought in consumer commission and won Rs 2.5 lakhA deceased father's Rs 2 lakh PMSBY insurance claim, rejected by the insurer over mismatched name and age records, has been upheld by the C...
- Life insurer denied Rs 1 crore death claim over earlier policy postponement on medical grounds; here's why family wins in state commissionA life insurance claim was rejected due to alleged non-disclosure of a prior proposal. The insurer failed to prove the policyholder knowing...
- Tata Sons’ IPO can take a page from a Hong Kong titanTata Sons faces a mandatory stock market listing due to regulatory pressures. The company's holding structure creates shareholder tension a...
- Your nominee died before you? Here's what happens to your money next
- NPS for NRIs: Who can invest, tax benefits, eligibility, withdrawal rules explainedNon-Resident Indians have the opportunity to secure their retirement through investment in the National Pension System (NPS). This program ...
- ICICI Lombard rejects Rs 50 lakh accidental death insurance claim, consumer court said insurers can't add new claim conditions. Here's what happenedA consumer commission ordered ICICI Lombard to pay fifty lakh rupees to a policyholder's nominee. The policyholder died in a road accident,...
- Bank account, bank locker rule change: Lok Sabha passes new Banking Amendment Bill, allowing up to 4 nominees in savings, locker accountsThe Lok Sabha recently passed the Banking Laws (Amendment) Bill, which allows adding multiple nominees for bank accounts and lockers.While ...
Load More
