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September 24, 2026
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Merchant discount rate on UPI merchant payments may be treated as a taxable payment settlement service with input credit availability.
GST treatment of MDR charged on UPI merchant payments above Rs 2,000 is to be considered by the GST Council. The MDR framework imposes a merchant-borne charge for payment processing and settlement. As these activities are services, MDR may attract GST at 18 per cent, subject to the Council's view. Merchants paying GST on MDR may claim input tax credit, potentially reducing their net tax burden.
September 24, 2026
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Fiscal responsibility limits frame cautions on new projects as budgetary discipline rather than financial crisis.
Finance-department advice treats fiscal indicators as grounds for restraint in approving additional expenditure rather than as evidence that funds are unavailable. Funding new projects may be difficult until additional resources are mobilised or allocations already approved are reallocated. Project proposals lacking budgetary provision or earmarked funding may create cash-flow pressures and fiscal-management challenges, requiring deferment until resources are finalised.
September 24, 2026
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Corporate document forgery allegations trigger investigation into unauthorised insolvency consortium participation and disputed share transfers.
An FIR concerns alleged cheating, forgery, criminal conspiracy, corporate-document misuse, and unauthorised financial liabilities arising from participation in a corporate insolvency resolution process. Allegations include entering a consortium arrangement without the Parekh Group's knowledge or authorisation, reliance on a fabricated and unapproved board resolution, and unauthorised transfer of shares to a group-controlled entity. Investigation covers disputed-record authenticity, alleged digital-signature misuse, and financial transaction trails.
September 24, 2026
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Energy security shapes continued Russian crude sourcing as alternative suppliers replace shortfalls amid potential sanctions-related restrictions.
Russian crude imports are operating near 1.8 million barrels daily in September, with refinery maintenance, stronger Chinese buying, and disruptions to Russian export infrastructure constraining availability. Middle Eastern supply, especially from Iraq and Saudi Arabia, has offset reduced Russian volumes. Potential tougher restrictions on countries purchasing Russian oil could complicate procurement, but energy security and tight physical oil markets make a significant near-term reduction in Russian crude purchases unlikely. Replacement remains technically possible but may raise procurement costs and competition for medium-grade crude.
September 24, 2026
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Direct tax payment gateway integration enables nationwide payments through digital options, branch channels, and customers' respective internet-banking services.
IDFC FIRST Bank's payment-gateway integration for Central Board of Direct Taxes collections enables Direct Tax payments through UPI, credit cards, debit cards, Retail and Corporate Internet Banking, and branch-based cheque, demand draft, or cash payments. Customers of other banks may use their own internet-banking facilities through the gateway. Taxpayers create a challan on the Income Tax e-Filing Portal, select Payment Gateway and IDFC FIRST Bank, choose a payment mode, complete payment, and download or print the paid challan. Payment confirmations are also accessible.
September 24, 2026
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Insurance distribution controls target commissions, expenses and loan-linked sales, reshaping bancassurance arrangements and intermediary remuneration structures.
IRDAI's consultation proposals for insurance distribution contemplate lower Expenses of Management limits, tighter commission controls, and greater control over loan-linked insurance practices. The prospective framework concerns insurer and intermediary remuneration, distribution expenses, and bancassurance fee structures. Reported concerns centre on potential effects on insurer earnings, intermediary economics, and lending-linked distribution arrangements; the measures are not described as final operative obligations or enforcement action.
September 24, 2026
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Personal loan eligibility and repayment planning: loan variants and digital applications remain subject to assessment, verification, and applicable terms.
Eligible customers may seek collateral-free personal loans within stated amount, tenure and interest-rate ranges. Loan amount, interest rate and tenure determine the EMI and total interest payable, while calculator results are estimates rather than final repayment obligations. Eligibility includes nationality, age, employment and credit-score conditions, but approval, final pricing and loan amount remain subject to lender assessment, document verification and applicable terms. Online applications require personal, financial and employment details and KYC verification.
September 24, 2026
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Nidhi company deposits lack insurance protection, requiring verification of government declaration before relying on high-return promises.
Each company seeking to function as a Nidhi must file Form NDH-4 for declaration or updated Nidhi status and comply with the Companies Act, 2013 and applicable Nidhi Rules. Nidhi companies may accept deposits and grant loans only to members. Public investors should verify declared Nidhi status rather than rely on unusually high-return promises, agent representations, or informal assurances. Deposits with Nidhi companies are not insured by the Deposit Insurance and Credit Guarantee Corporation, and recovery may be difficult where a company fails or fraud occurs.
September 24, 2026
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FCNR(B) liquidity deployment remains within banks' discretion, guided by credit pipelines, asset-liability positions, and prudent underwriting standards.
Banks retain full discretion to deploy liquidity mobilised through FCNR(B) deposits, based on their credit pipeline, lending proposals, liquidity outlook and asset-liability position. No sector-specific direction applies to use of these funds. FCNR(B) deposits are fixed-term foreign-currency deposits in which principal and interest are repayable in the same foreign currency, protecting non-resident depositors from direct rupee exchange-rate risk. Continued prudent credit appraisal and underwriting standards are expected.
September 24, 2026
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Compulsory Muslim marriage registration shifts registration to registrars under a statewide procedural framework, with local officials authorised when needed.
Compulsory registration of Muslim marriages will operate under the Assam Muslim Marriage Registration (Compulsory) Rules, 2026, framed under the Assam Compulsory Registration of Muslim Marriage and Divorces Act, 2024. Registration will be undertaken by registrars, with panchayat-level officials potentially authorised where application volumes require additional capacity. The framework addresses the registration forum after kazis were barred from registering Muslim marriages.
September 24, 2026
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Macroeconomic resilience supports fiscal consolidation, financial-sector stability, and orderly foreign-exchange management through persistent global and market shocks.
Policy management emphasises clear communication, policy certainty, macroeconomic and financial-sector stability, efficient use of buffers, and sustained structural reform. Fiscal prudence is treated as necessary to avoid unsustainable stimulus and preserve long-term stability. External-sector resilience rests on services exports and remittances, while oil and gold shocks and weaker capital inflows have created temporary balance-of-payments pressure. Further improvement is linked to lower oil dependence, export diversification, trade agreements, capital inflows and orderly foreign-exchange market management.
September 24, 2026
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Software export growth strengthens IT ecosystem as campus expansion supports startup activity, infrastructure development, and skilled employment.
Software export revenue generated by Technopark reached Rs 17,092 crore in FY 2025-26, reflecting year-on-year growth of approximately 17.3 per cent. Growth is attributed to IT infrastructure, a skilled talent base, and company performance. Technopark also operates as an IT and ITeS hub and startup ecosystem centre, with ongoing campus development intended to expand its position among major IT hubs.
September 24, 2026
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Artificial intelligence centre of excellence partnership advances industry-aligned training, supervised internships, startup mentorship, and applied research collaboration.
IIEST Shibpur and Tata Consultancy Services have entered into a Memorandum of Understanding to establish an Artificial Intelligence Centre of Excellence at the Electrical Engineering Department's high-performance computing laboratory. The collaboration supports industry-aligned training, professional certifications, practical projects, supervised internships, startup mentorship, curriculum benchmarking, and applied research in natural language processing, computer vision, image processing, and advanced data analytics.
September 24, 2026
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Money-laundering searches prompt protests over alleged political misuse while operations continue at public development offices and residences.
Enforcement Directorate search and survey operations connected with a money-laundering investigation continued at development authority offices and premises linked with housing administration, a realty company, and private residences. AAP workers protested against the searches, alleging political and administrative pressure through central investigative agencies. The party further alleged that the operations could disrupt the development authority's functioning and impede Punjab government welfare schemes.
September 24, 2026
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Money-laundering investigation procedure raises allegations over FIR registration, conflict concerns, and the choice between police, vigilance, or federal inquiry.
A police inquiry, rather than a Vigilance inquiry, was directed following an Enforcement Directorate communication seeking registration of an FIR for cognizable offences. It was contended that FIR registration should be dealt with by the police and that governmental or ministerial intervention would raise concerns where a person facing allegations is involved in deciding the investigative course. A transfer to a federal investigative agency was sought on grounds of investigative independence and perceived conflict of interest.
September 24, 2026
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Trade truce extension maintains tariff pauses and export-restriction rollbacks while negotiations continue on broader economic commitments.
United States-China trade relations may remain governed by the Busan Agreement through January 10 under a stated two-month extension, though Chinese official confirmation is pending. The arrangement maintains pauses on elevated tariffs and prior rollbacks of restrictions affecting critical minerals and high-technology exports. Negotiations may produce a broader economic package or further continuation of existing terms, while implementation of agreed commitments is under review. The parties have also proposed reciprocal alerts on AI-related hacking incidents involving national-security concerns.
September 24, 2026
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Gold Smuggling Enforcement: Concealed foreign-origin gold recovered from vehicles and a traveller, with arrests under customs law.
Gold-smuggling enforcement involved the seizure of approximately 21 kg of foreign-origin gold in two operations and the arrest of five persons under the Customs Act, 1962. Gold bars were recovered from sophisticated vehicle-chassis cavities, while gold bars and cut pieces were recovered from a passenger's specially designed cotton waist belt. The operations concerned suspected cross-border gold movement and targeted organised smuggling networks using sophisticated concealment methods.
September 24, 2026
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Cross-border gold smuggling enforcement resulted in Customs Act seizures after coordinated recovery of foreign-origin gold from border locations and a passenger.
Cross-border smuggling of foreign-origin gold through the Bangladesh route led to coordinated recoveries and seizures under the Customs Act, 1962. Gold recovered near the India-Bangladesh border was taken over for customs proceedings, including a seizure under Section 110. Foreign-origin gold concealed by a train passenger was also recovered and seized, with investigation indicating its smuggling from Bangladesh.
September 24, 2026
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BRICS tax cooperation creates standing platforms for international taxation, revenue statistics, professional capacity building and peer learning.
India-led BRICS tax cooperation established standing Working Groups on International Taxation and Transfer Pricing and Revenue Statistics, providing institutional platforms extending beyond individual Chairships. It also institutionalised an annual Young Tax Professionals Capacity Building Programme, launched the BRICS Tax Cross-Learning Lab for peer learning on client-centric administration and human-resources practices, and approved the Terms of Reference for the BRICS Tax Support Network.
September 24, 2026
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Wildlife trafficking enforcement applies protected-species safeguards to seized Tokay Geckos and enables further statutory action against suspected illegal trade.
Wildlife-trafficking enforcement led to interception of two persons and seizure of 86 live Tokay Geckos under the Wildlife (Protection) Act, 1972. Tokay Geckos receive Schedule I protection under that legislation and are listed in Appendix II of CITES, regulating international trade. The persons and recovered geckos were transferred to the Mariani Range Forest Office for further action.

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Comprehensive Health Insurance: Features, Benefits, and Why You Need It

April 30, 2025

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Comprehensive health insurance serves as a safety net, protecting you and your loved ones from the financial strain of medical emergencies. In today’s fast-paced world, lifestyle changes and rising healthcare costs make it crucial to have robust insurance coverage. In this regard, a comprehensive health plan can be an ideal choice. They not only cover hospitalization and medical treatments but also include outpatient care, ambulance charges, and more. Keep reading to learn more about comprehensive health insurance.

Comprehensive Health Insurance - Overview A comprehensive health insurance policy extends maximum medical expense coverage to guarantee absolute financial protection in health crisis situations. The insurance policy encompasses costs for health check-ups, hospitalization expenditures, in-patient care and outpatient treatments, ambulance expenses and other medical provisions.

In addition, it covers alternative treatments such as AYUSH (Ayurveda, Unani, Siddha, and Homeopathy). Such plans can also include access to health services like cashless hospitalization, specialist consultations, preventive tests, wellness programs and more.

Features and Benefits of Comprehensive Health Insurance Here are the key features and benefits of a comprehensive health insurance plan: Extensive Coverage Comprehensive health insurance covers a wide range of medical expenses, including in-patient hospitalization, pre- and post-hospitalization costs, daycare procedures, ambulance charges, room rent, domiciliary hospitalization, and treatments like AYUSH. Some plans may also include maternity and dental expenses, making them highly inclusive.

Cashless Hospitalization Having a comprehensive health plan lets you obtain medical treatment at network hospitals without having to make up-front payments. You just need to present your insurance details during hospital admission, and the insurance company will settle the medical bills directly with the healthcare facility.

The policyholder must only pay the specified copayment or deductible.

Cumulative Bonus If you do not make any claims during the policy year, some comprehensive health plans offer a cumulative bonus. Instead of getting a premium discount, your sum insured increases by a fixed percentage for each claim-free year, enhancing your coverage without extra cost.

Lifetime Renewability People who purchase comprehensive health insurance can enjoy lifetime renewability options. The plan will stay in effect through continuous premium payments and timely renewals since age does not impact coverage status.

Outpatient (OPD) Treatment Unlike basic health plans, comprehensive coverage also extends to outpatient treatments. You can claim expenses for consultations and treatments that do not require hospitalization, ensuring broader financial protection.

Family Floater Coverage Comprehensive health plans give policyholders the opportunity to protect their entire family, including their spouse, children, and parents (in some cases), under a single policy. Certain plans even allow users to provide coverage to dependent relatives and in-laws.

This reduces the need to purchase multiple plans for each member, resulting in lower expenses.

Coverage for Pre-existing Diseases Comprehensive health insurance usually covers pre-existing conditions after a specified waiting period, ranging from 2 to 4 years. Once this time period ends, you can claim expenses related to these conditions.

Optional Riders You can enhance your policy by opting for additional riders or add-ons, such as critical illness cover or personal accident cover. These optional features provide targeted protection for specific medical situations.

Tax Benefits Comprehensive health insurance also offers tax advantages under Section 80D of the Income Tax Act. Individuals can claim up to ₹25,000 (₹50,000 for senior citizens) on their hospital insurance premium payments.

Inclusions Under the Comprehensive Health Insurance Policy Comprehensive health insurance policies offer extensive coverage to protect you during medical emergencies. Following is an overview: • Claim pre-hospitalization expenses for up to 60 days before hospital admission.

• Claim post-hospitalization expenses for up to 90 days after discharge from the hospital.

• Get a hospital cash benefit for up to seven days during hospitalization.

• Claim hospitalization expenses, including boarding charges, room rent, surgeon fees, nursing costs, specialists, anaesthetists, and the cost of drugs, medicines and pacemakers.

• Coverage for AYUSH treatments, including Ayurveda, Homeopathy, Unani, and Siddha, are under the policy.

• Get reimbursement for emergency road ambulance charges.

• Claim expenses for both normal and caesarean deliveries.

• Covers newborn baby care and vaccination expenses.

• Includes organ donor charges in the coverage.

• Avail health check-up facilities as part of the plan.

• Includes domiciliary hospitalization under the policy.

• Claim compensation for accidental death and permanent total disabilities.

• Get coverage for dental and ophthalmic OPD treatment once every three years.

• Claim bariatric surgery expenses after completing a waiting period of three years.

• Offers a second opinion from doctors within the insurer’s network by submitting medical records.

Additionally, leading insurers like Star Health promote a healthy lifestyle with wellness activities and bonus points redeemable for renewal discounts.

Exclusions Under Comprehensive Health Insurance Policy Despite their extensive coverage, comprehensive health insurance plans have certain exclusions that you should be aware of. Here is a quick look at what is not covered: • The policy does not cover expenses linked to gender transformation treatments.

• The insurer denies coverage of pre-existing medical conditions during a waiting period which extends to three consecutive years (in most cases).

• Expenses incurred for obesity treatments.

• Treatment costs for endocrine disorders.

• The medical costs of venereal diseases and Sexually Transmitted Diseases (STDs), except for HIV-related expenses.

• Charges for infertility and sterility treatments.

• Injuries due to war or nuclear disasters are not covered by the insurance plan.

• Medical expenses emerge from participating in dangerous athletic activities and adventurous sports.

• Expenses related to unproven treatments.

Factors to Consider When Buying a Comprehensive Health Insurance Choosing the right comprehensive health insurance policy can be challenging, especially with so many factors to consider. To make the right decision, you must keep the following points in mind: Coverage and Benefits Make sure to thoroughly read the policy details to understand the coverage it offers. Look for features like in-patient and outpatient care, coverage for pre-existing conditions, maternity benefits, emergency medical assistance, and alternative treatments.

Compare various policies to ensure that all your healthcare needs are met.

Network of Hospitals and Healthcare Providers Review the database of medical facilities and healthcare providers who participate with the insurance company. Select a plan which contains trustworthy medical facilities located within your vicinity. This enables you to readily access cashless facilities during medical emergencies.

Policy Exclusions and Limitations Information about what the policy does not cover should be carefully understood. Review all pre-existing condition waiting rules as well as limitations on particular treatments and any imposed restriction on coverage amounts.

When you know these elements in advance, it becomes easier to avoid unpleasant surprises when filing claims.

Premiums and Affordability Select a plan that suits your budget while ensuring it includes essential coverage. Compare premiums from multiple insurers and consider your income and expenses to find a policy that offers the best value.

Claim Settlement Process Assess how well the insurance company handles claims alongside studying their process for claim settlement. Current policyholder reviews offer information about how the insurance company performs when it handles claims and their overall settlement efficiency.

With the right comprehensive health insurance plan, you gain financial stability and access to quality healthcare facilities. The Star Comprehensive Insurance Policy covers a wide range of medical scenarios, thus serving as an excellent choice for health insurance needs.

The policy provides cashless medical care through more than 14,000 network hospitals, along with coverage for both pre-hospitalization and post-hospitalization costs and additional services.

Call us today for more details and secure your health with the best protection! (Disclaimer: The above press release comes to you under an arrangement with NRDPL and PTI takes no editorial responsibility for the same.). PTI PWR PWR

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