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New amendment introduced by the government in the Motor Vehicle Act, 1988 through the notification dated May 22, 2018, the amount of compensation payable has been increased to Rs. 5 lakhs, in case of death. This revision will be applicable for all claims made on and from May 22, 2018.

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Do you know that three general insurance companies, National Insurance, United India and Oriental Insurance, have been proposed to be merged by Mr. Arun Jaitley in this Union Budget.

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Advance Tax is payable if your tax liability exceeds Rs 10,000 in a financial year. Know more about Advance tax and calculation for Advance Tax in India.

Mr. Subhash Chandra Khuntia, Indian Administrative Services (IAS) officer has been appointed as the Chairman of Insurance Regulatory and Development Authority of India (IRDA).

The Rajasthan High court has stepped up to safeguard riders by proposing to cancel the driving license of those who are found talking on phone while driving or riding.

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LIC has found four states Maharashtra, Gujarat, Tamil Nadu and Kerala accounted for around 59 percent of all cancer care policies sold by the organisation.

How to invest in Mutual Funds? If you are planning to start investing in mutual funds understand the risks involved, clear on the investment objectives, shortlisting funds by type, comparing funds online for its features, current value and should be focused on long term growth.

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