Maharajah Bonds gain investor appeal with TDS exemptionIn a notification dated October 19, the Central Board of Direct Taxes (CBDT) said no tax would be deducted at source on interest paid to el...
Banks also count cost of insurance payout curbsCentral Bank of India anticipates a 33% decline in bancassurance fees due to proposed regulations. Canara Bank expects a ₹145-crore hit to ...
Motor insurers seek third-party premium deregulation, end to knock-for-knock pactsIn responses to the regulator's consultation paper on insurance distribution reforms, some industry participants said automobile manufactur...
10-minute househelp startups & their crore-sized lossesLatest financials reported by Snabbit and Urban Company on Friday point to heavy cash burn in the race to deliver household services within...
Ather Energy gets Irdai licence, will distribute and service insurance policiesThe Insurance Regulatory and Development Authority of India granted the subsidiary a certificate of registration on October 15 to act as a ...
Sebi writes to IRDAI to include investors' insurance policy details in consolidated account statementSebi Chairman Tuhin Kanta Pandey announced efforts to include insurance information in the Consolidated Account Statement. The initiative a...
IRDAI eyes January 2028 beta launch of Public Insurance Registry: Chairman Ajay SethIRDAI is working on a Public Insurance Registry to enhance insurance data sharing among stakeholders. The beta version is scheduled for Jan...
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 ...
India insurance regulator to oversee smooth transition to new commission rules, chairman saysIndia's insurance regulator, the IRDAI, plans to implement reforms for insurance sales to improve the market. Proposed changes include capp...
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...
IRDAI may allow transition period for insurance fee capIRDAI Chairman Ajay Seth said the regulator is examining industry feedback on a consultation paper that is open until October 25, while mai...
Two health insurance policies, one hospital bill: Here’s how to claim the unpaid hospital bill from the second insurerNavigating health insurance claims can be tricky, especially when you have multiple policies. If your hospital bill exceeds your coverage, ...
IRDAI may roll out insurance commission caps from January, overhaul distribution rulesIndia's insurance regulator is planning significant reforms to the insurance distribution system, aiming for implementation soon. Proposed ...
IRDAI and the avoidable art of regulatory jaywalkingThe recent policy adjustments by IRDAI have led to a marked decline in investor confidence and value within the insurance industry. The tra...
IRDAI overhaul may force insurance brokers to rethink deal valuationsThe Insurance Regulatory and Development Authority of India has suggested regulatory changes that may significantly affect insurance broker...
Insurance brokers oppose IRDAI commission caps, warn of 60-70% revenue hitInsurance brokers in India are opposing commission cap proposals from the Insurance Regulatory and Development Authority of India. They war...
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...