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INSURANCE AGENT
Son gets income tax notice for Rs 33.23 lakh in property investment and cash; he gets relief in ITAT Jaipur for this reasonMother sold 642 grams gold jewellery, gifts the amount to son via notarised gift deed, son buys property and deposits cash in bank but gets...- Insurance agent deposits Rs 35 lakh cash collected from policyholders in his bank account, gets tax notice; he fights and wins in ITAT JaipurPolicyholders gave Rs 35 lakh cash as insurance premiums which agent deposited in his bank a/c; Income Tax Dept sent agent notice for unexp...
- In 1992, an Ohio teenage waitress inherited $500,000 from a man she reserved at a restaurant. She had one rule for spending her unexpected fortune.Cara Wood, a waitress from Chagrin Falls, inherited $500,000 from a regular customer named Bill Cruxton. After his passing, she faced legal...
- Global Market: China's wealthy rush to unwind offshore trusts as tax deadline loomsChina’s wealthy individuals are restructuring offshore trusts, selling investments and reassessing residency amid a new 20% tax on overseas...
- Effective insurance coverage in India could double from 15% to 30% in five years: IRDAI ChairmanOnly about 15 per cent of India's population and businesses are estimated to have effective insurance coverage, a figure that could double ...
- ICICI Life bets on women advisors, plans 20,000 hires by FY27ICICI Life Insurance plans to recruit 20,000 women advisors across India by the end of FY2027 under its Narishakti initiative. Women curren...
- Insurance stocks are down 20%, but Anil Ghelani sees a contrarian opportunity. Here’s whyThe proposed changes to commissions and distribution by the Insurance Regulatory and DevelopmentAuthority of India (IRDAI) have added to in...
- Insurance misselling misunderstood: The regulator’s proposal is tantamount to addressing the symptom, while ignoring the causeIn FY25, the Indian insurance sector experienced significant premium growth while maintaining flat penetration rates. However, complaints r...
- Reducing commissions may help curb mis-selling of insurance products; IRDAI’s role remains crucialThe Insurance Regulatory and Development Authority of India has announced new proposals to limit commission rates for insurance distributor...
- IRDAI’s insurance distribution paper: Economics in focus, consumer protection gaps remainRules and caps can change behaviour. Incentives determine whether organisations merely comply with the rules or actually change the behavio...
- Who is Kristi Noem's husband Bryon as the former Department of Homeland Security Secretary files for divorce?Kristi Noem and Bryon Noem have announced their split after 34 years together, citing irreconcilable differences. The couple shares three c...
- Cashless health insurance claims: What policyholders can do when hospitals and insurers clash over bills, approvals, and deductionsInflated bills, delayed approvals, arbitrary deductions. As hospitals and insurers trade charges, policyholders are left footing the bill. ...
- PB Fintech's 36% bloodbath rattles market, but Jefferies stays bullish. What does it see in Policybazaar parent?PB Fintech shares plunged a record 36% to a 52-week low, wiping out around Rs 31,430 crore in market value after IRDAI proposed changes to ...
- CEO asks ex to return Rs 3.53 crore he spent on Hermes, Prada gifts, cites Rs 1.55 crore crdit card charges, Rs 12.8 lakh feng shuiTCI Express CEO Chander Agarwal lost his Singapore lawsuit seeking S$468,090 (about Rs 3.53 crore) from former girlfriend Felicia Lee after...
- Reliance Life to introduce fixed salary for insurance advisors to cut attrition, improve servicesThe Anil Ambani-led Reliance group firm is launching the salary-based insurance agent drive in semi-urban and rural areas.
- Irda's fiat on insurance agents finds many supportersInsurance Regulatory and Development Authority’s (Irda) latest proposal to make life insurance agents more responsible while selling polici...
- Insurance agents reap dividends on bandh daysDid you know life insurance agents find bandh days, such as the one on Monday, the best time for client prospecting. And the serious ones m...
- Govt not to discontinue insurance agents commissionThe government is not considering doing away with the commission for insurance agents, the Rajya Sabha was informed on Tuesday.
- IRDA to make on-line exams mandatory for insurance agentsIndividuals aspiring to become insurance agents will have to write the qualifying exam on-line. The insurance regulator IRDA is set to scra...
- Insurance agents instill fear in clientsEspecially, by instilling fears of the bread winners’ loss, and hence the requirement for an insurance cover.
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