India’s state-run LPG distributors are urging domestic customers to complete Aadhaar-based e-KYC by August 16, with warnings that unverified accounts may face higher charges or temporary suspension, highlighting a critical push to ensure subsidy eligibility and system integrity. India’s state-run…
India’s finance ministry emphasizes a streamlined, time-bound grievance process for insurance customers, reinforcing the role of the IRDAI portal as a central route for resolution and increased accountability for insurers. India’s finance ministry has reminded insurance customers that they should…
India’s banking sector is on track to attract nearly $50 billion through the Reserve Bank of India’s recent liquidity easing and regulatory initiatives, demonstrating a robust response from lenders and potential for enhanced external stability. India’s banking sector could attract…
Small finance banks in India are leading the charge with fixed-deposit rates reaching up to 8.10%, offering attractive alternatives for savers seeking higher returns amidst conservative private and public sector lenders. Small finance banks are offering the most attractive fixed-deposit…
India’s mutual fund industry sees sustained investor loyalty to regular plans, with data showing longer holding periods compared to direct plans, despite cost advantages of the latter. India’s mutual fund market is increasingly split between direct and regular plans, but…
The Employees’ Provident Fund Organisation has increased the ceiling for auto-settled advance claims from ₹1 lakh to ₹5 lakh, aiming to provide quicker access to funds during urgent expenses such as medical emergencies, and to streamline the process through digital…
India’s auto-generated GSTR-2A statement, designed for suppliers and buyers, is increasingly becoming essential for seamless GST reconciliation, early risk detection, and maintaining cleaner records amid evolving reporting rules. GSTR-2A is an auto-generated, read-only statement on the GST portal that reflects…
PenCom warns Pension Fund Administrators that failure to meet quarterly RSA account recapture targets could result in sanctions, amid concerns over sluggish progress and plans for tighter oversight in 2026. PenCom has warned Pension Fund Administrators that underperform on the…
Employers in India are reminded to file the Electronic Challan-cum-Return for July wages and pay provident fund contributions by August 15, with increasing system stringency and potential penalties for late submission highlighted by the Employees’ Provident Fund Organisation. Employers in…
India’s requirement for e-way bills on returns and non-traditional shipments is causing delays and compliance risks for direct-to-consumer sellers, highlighting the need for stringent documentation in reverse logistics to avoid costly penalties. A rejected cash-on-delivery parcel can become a compliance…
The Reserve Bank of India’s recent measures, including liquidity support and a regulatory shift, could unlock up to $50 billion in foreign inflows, marking a significant transformation in the country’s financial landscape. India’s banking sector may be on course to…
Despite common beliefs, purchasing term insurance in your 30s remains a smart, cost-effective way to safeguard your family’s future as long-term commitments grow. Experts emphasise the importance of adequate coverage based on real obligations and early purchase to lock in…
