Who regulates the regulator?
India needs strong insurance regulation, but interventions must be judged by their impact on coverage, claims and consumer outcomes. Irdai should correct market failures without prescribing commercial choices.
India needs strong insurance regulation, but interventions must be judged by their impact on coverage, claims and consumer outcomes. Irdai should correct market failures without prescribing commercial choices.
Part of the broader National Pension System (NPS), the Atal Pension Yojana (APY) provides pension cover for poor, underprivileged, and unorganised sector workers between 18-40 years who are not income tax-payees. Earlier this week, the Bank of Maharashtra (BoM), State Level Bankers’ Committee (SLBC) and PFRDA conducted an outreach drive in Thane district focused on…
Oil prices steadied on Wednesday after tumbling over the previous two sessions, as investors tracked developments around efforts to end the U.S.-Iran conflict and reopen the Strait of Hormuz to commercial shipping. Crude oil price on August 5 Brent crude futures were up 27 cents, or 0.34%, at $79 a barrel, while U.S. West Texas…
If your accounts are subject to a tax audit, the process does not end when your chartered accountant (CA) prepares and uploads the tax audit report. You also need to approve the report through the income-tax e-filing portal by 30 September. The process starts with the taxpayer assigning the applicable tax audit form to the…
IPO activity is heating up ahead of a new wave of listings, as the one-year validity of approvals from the Securities and Exchange Board of India (Sebi) for several companies nears expiry. With IPO-bound businesses lacking a track record of exchange disclosures or trading history, investors rely on pre-listing disclosures, primarily in the Red Herring…
More than 21 lakh Employees’ Provident Fund (EPF) accounts were marked as inoperative in 2023-24, with a balance of around ₹8,505 crore, the government informed the Rajya Sabha on Thursday, August 13. The issue was raised by Neeraj Dangi, who sought details from the Minister of Labour and Employment on the number of inoperative PF…
Shares of Tata Motors, which now houses the company’s commercial vehicle business, jumped more than 4% to Rs 454 on the BSE on Monday after reporting a 37% year-on-year rise in total commercial vehicle sales to 39,641 units in July. Domestic sales increased 28% to 33,876 units from 26,432 a year earlier, while international volumes…