The CDSL Investor Protection Fund has released ‘The Garden of Prosperity’, a new animated film in 12 languages, aimed at simplifying investment concepts for Indian investors and encouraging responsible financial planning nationwide. CDSL Investor Protection Fund has expanded its investor…
India has enacted new Foreign Contribution (Regulation) Amendment Rules to tighten oversight of foreign-funded non-governmental organisations, with a pending bill proposing enhanced control measures including a new authority to manage NGO assets and expanded compliance requirements. India has tightened the…
Life insurance provides vital financial security for loved ones, but it requires careful consideration and regular reviews to ensure it remains adequate amidst life changes and inflationary pressures. Life insurance can be a practical way to protect a household’s finances…
Taxpayers must complete e-verification within 30 days of filing to ensure their income tax returns are processed, refunds are issued, and future reviews are avoided, explains CA Pramod Prabhudesai. Filing an income tax return is not the same as finishing…
India’s securities regulator is contemplating modifications to its recently introduced closing auction system after industry feedback and early signs of market strain, just months after its rollout aimed at improving price discovery and market integrity. India’s markets regulator is weighing…
The Employees’ Provident Fund Organisation will host a live session on August 18 to directly address members’ questions on pension claims, benefits, and unclaimed funds, amid ongoing efforts to streamline digital services and clarify complex rules. The Employees’ Provident Fund…
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…
