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MANDATORY INSURANCE OF VEHICLES
Steering wheel malfunction in new car leads to accident during family trip; owner fights and wins Rs 18.23 lakh refund, Rs 4 lakh compensation in consumer forumA car buyer has won a significant victory after a nearly three-year legal battle. His seven-month-old MG CVT automatic car experienced Elec...- SC's ₹30,000 homemaker benchmark may lift accident compensation payoutsA Supreme Court ruling has assigned a notional monthly value of ₹30,000 to unpaid household work. This decision is expected to significantl...
- New PAN norms 2026: Where quoting is relaxed and where it’s now mandatoryNew Income Tax Rules, 2026 have relaxed PAN quoting for several transactions, including cash deposits and debit card applications. However,...
- Haryana cabinet approves new rules: No petrol, diesel vehicles for cab aggregators in NCRHaryana's Cabinet has approved new rules for vehicle aggregators. From January 1, 2026, all new vehicles joining fleets in NCR areas must b...
- Vijay sworn in as Tamil Nadu CM: Here's what TVK promised ahead of Assembly pollsTamil actor Vijay's party, Tamilaga Vettri Kazhagam, has taken charge as Tamil Nadu's new government. Vijay is now the Chief Minister. The ...
- Third party premiums take the wheel in motor cover growthTP premiums rose 9.3% in FY26, compared with 9% growth in OD, taking overall motor insurance expansion to about 9% on an estimated base of ...
- Buying property costing between Rs 20 lakh and Rs 45 lakh without a PAN? You must use new Form 97, says Income Tax DepartmentThe Income Tax Department has introduced a new Form 97, replacing Form 60, for individuals without a PAN card undertaking specific transact...
- No insurance policy to comply with Madras High Court order on 5 year bumper to bumper coverIt is learnt the industry lobby body, General Insurance Council is exploring various options including legal ones to wriggle out of the sit...
- Comprehensive insurance cover may make new vehicles costlier by up to 10%As per a Madras HC landmark judgement, vehicle owners now have to purchase mandatory ‘bumper to bumper’ cover, which means that along with ...
- Madras High Court order to make five year motor cover mandatory could push vehicle costs higherInsurers aren't yet sure if that would mean premium for five years being collected upfront. There is also confusion over the Court's usage ...
- Govt plans to make FASTag mandatory for buying third party vehicle insurance from April 1, 2021As per Central Motor Vehicles Rules, 1989, FASTag had been made mandatory since 2017 for registration of new four-wheeled Vehicles and is t...
- Now, government will fix third-party insurance premiaThe transport ministry will soon notify the rules specifying how it will fix the premium amount for each category of vehicle.
- FASTags should be mandatory for vehicle insurance: Nitin GadkariStressing on the need to bring more vehicles under the ambit of insurance, Gadkari said FASTags should be made mandatory for obtaining vehi...
- 60% of two-wheeler insurance bought online for reviving lapsed policies: SurveyFor a country where almost 75% of the two-wheelers are uninsured, the digital platform has started to emerge as a preferred platform.
- Mandatory third party insurance for vehicles to benefit consumers, insurers: ExpertsThe new guideline will contribute to higher premium income for the companies selling motor insurance.
- 3-year third-party insurance premium at car registration?A parliamentary standing committee had recommended to the government to consider a framework to make third-party insurance a one-time affai...
- Third party motor business now mandatory for general insurersThe Insurance Regulatory Development Authority (IRDA) is likely to come up with its operational guidelines on the subject shortly.
- If your car is stolen, there’s no time bar to claim insuranceA consumer forum has held that the condition with regard to the time limit in intimating an insurance claim is not mandatory but directory.
- Essential changes to be made in motor insuranceThe Finance Ministry is considering to make it mandatory for all private general insurance companies to provide third party motor insurance...
- Motor insu panel to submit report on WednesdayMUMBAI: The panel constituted to look into revising motor insurance premium rates will submit its report to the Tariff Advisory Committee o...
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