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PREVENT UNCLAIMED INVESTMENTS
Sebi’s new proposal enables mutual fund gifting through PPIsMutual fund investments can soon be gifted using prepaid payment instruments (PPIs), with Sebi proposing a new framework. Individuals can p...- Have unclaimed insurance amount? Here’s how to check and claim your hidden wealthOver Rs 25,000 crore remains unclaimed in Indian insurance policies due to forgotten claims or unaware nominees. Tracking and claiming thes...
- Americans forgot $2 trillion in old 401(k)s — here’s how to claim what’s yoursIf you’ve switched jobs in the U.S., you might have a forgotten 401(k). You’re not alone. As of May 2023, around 29.2 million 401(k) accoun...
- SEBI launches ‘Mitra’ platform to help investors trace lost or inactive MF investmentsSEBI has introduced Mitra, a new digital platform developed by mutual fund RTAs, enabling investors and heirs to trace inactive and unclaim...
- Unclaimed money in mutual funds surges 21% in 2024-25, AMCs hold Rs 3,400 crore in dividend & redemptions: SebiUnclaimed mutual fund money surged 21% to Rs 3,452 crore in 2024-25, primarily due to outdated investor details. Sebi addressed this with M...
- Time to recheck your nomination in your bank account and locker to ensure smooth succession of your assetsThe Banking Laws (Amendment) Act, 2025 introduces significant changes to bank account and locker nominations, allowing up to four nominees,...
- Digilocker starts giving access to mutual funds holdings on app. Here’s how to checkFrom April 1, 2025, DigiLocker users can store demat and mutual fund holding statements, reducing unclaimed financial assets and simplifyin...
- Unclaimed financial assets to reduce: Good news for nominees as SEBI partners with DigiLocker for smooth access to account of deceasedSEBI has partnered with DigiLocker to allow nominees access to the financial assets of deceased individuals. This initiative will help in e...
- New SEBI rule: Revamped mutual fund and demat account nomination rules come into effect from today; things you need to knowSEBI nomination rules: Revamped nomination rules for mutual fund and demat account comes into effect from today i.e. March 1, 2025. These r...
- Relief for home buyers, SC grants exemption to Unitech housing projects from RERA registrationThe Supreme Court granted exemption from RERA registration for Unitech Ltd’s housing projects in seven states, facilitating loan disburseme...
- Supreme Court permits Centre-appointed Unitech Board of seek police assistance to deal with disturbancesThe Supreme Court has permitted Unitech Ltd's Centre-appointed board to seek police assistance in managing third-party disturbances on its ...
- Sebi changes nomination rules for demat account, mutual fund investmentsThe number of nominees will now be increased from three to 10. Additionally, nominees will be permitted to act on behalf of incapacitated i...
- Sebi rules on nomination in mutual funds, demat accounts. 10 things to knowSebi has announced simplification of compliance for investors by lifting freeze on demat accounts and mutual fund folios due to non-submiss...
- What happens to your mutual fund investments if PAN is not linked with Aadhaar?The deadline for linkage of PAN-Aadhar is March 31. According to a Central Board of Direct Taxes (CBDT) circular, the PAN allotted to a per...
- Marriage and divorce: Women's financial rightsUsually, women do not know their financial or legal rights or how to secure these either when they are married or while they are going thro...
- Unclaimed shares, insurance, deposits: How to find and get your dues backCrores of rupees are lying with banks, and other organisations. Here’s how you can get back your money.
- Arunachal Pradesh urges Centre for one-time special packageArunachal Pradesh has urged the Centre for a one-time special package to boost its economy and compensate for years of under-development.
- Looking for tax breaks? Here are few less-known options"Those who are investing for reducing their tax outgo should first determine the actual tax benefits they would get before making investmen...
- Cos bill may close doors on subsidiary mazeThe new companies bill, which is being reworked by the ministry of corporate affairs, will seek to prevent businesses from using complex co...
- Don't bank on dormant A/CsThere have been stray instances of money being siphoned off from inactive accounts. Individuals are better off closing unwanted savings A/C...
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