The FinTech Hub
Source: Business Standard 2 min read Last Updated : Sep 26 2024 | 12:24 AM IST The average health insurance claim size in India for FY24 has risen by 11.35 per cent, reaching Rs 70,558, up from Rs 62,548 in FY23, driven by a surge in healthcare expenses, said the ACKO India Health Report…
Source: Live Mint Insurance acts like a safety net, helping protect you and your family from unexpected situations that can cause financial stress. Whether it’s a car accident, a health emergency, damage to your home, or losing a primary earner, having the right insurance can ease your financial burden, allowing you to focus on getting…
Source: Business Standard Tax: Representational | (Photo: Shutterstock) 2 min read Last Updated : Sep 24 2024 | 9:48 PM IST The finance ministry on Tuesday said the Supreme Court has disposed of 573 direct tax cases after the monetary limits for filing appeals were revised in the Budget. The Union Budget 2024-25…
Source: Business Standard Health is wealth, and rightly so. If you are not in the best of your health, you will lag behind, in life, work 3 min read Last Updated : Sep 24 2024 | 4:33 PM IST The Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB-PMJAY), the central government’s flagship health insurance…
Source: Business Standard Non-life insurers have shelled out upwards of Rs 20,000 crore in Covid-related health claims since the onset of the pandemic 3 min read Last Updated : Sep 24 2024 | 11:03 AM IST Odisha will join the Ayushman Bharat Pradhan Mantri – Jan Arogya Yojana (AB PM-JAY) and discussions with the state…
Source: Business Standard Illustration: Ajay Mohanty 4 min read Last Updated : Sep 21 2024 | 8:35 PM IST The Union Finance Ministry has advised the Debt Recovery Tribunals (DRTs) and banks to engage with borrowers outside the tribunals to reduce the pendency of cases, according to a senior finance ministry official speaking to…
Source: Live Mint In this world nothing can be said to be certain except for death & taxes. – Benjamin Franklin. Effective tax planning allows salaried employees to optimise their post-tax earnings. A crucial aspect of tax planning for middle class salaried employees is leveraging deductions and exemptions within legal guidelines, defer taxes and take…
Source: Business Standard 4 min read Last Updated : Sep 16 2024 | 8:17 PM IST At a recent Confederation of Indian Industry (CII) summit, Satyajit Tripathi, member (distribution), Insurance Regulatory and Development Authority of India (Irdai), highlighted that grievances in general insurance, especially health insurance, mainly revolve around claim payments. In many cases,…
Source: Business Standard 3 min read Last Updated : Sep 13 2024 | 7:48 PM IST The Insurance Regulatory and Development Authority of India (Irdai) recently issued a master circular stating that policies should only be split at the customer’s request and with their consent. No additional fees, charges, or commissions should be imposed…
Source: Business Standard 3 min read Last Updated : Sep 13 2024 | 4:25 PM IST Short-term health insurance provides temporary coverage, typically lasting from a few months to a year and useful for people who can’t afford comprehensive coverage. Here is what short-term health insurance provides. Understanding short-term health insurance …
