The Insurance Regulatory and Development Authority of India (IRDAI) has mandated that all policyholders must provide their Know Your Customer (KYC) details when purchasing any type of insurance policy from January 1, 2023. This requirement applies to all individuals and entities purchasing insurance in India and is intended to ensure that insurance companies have accurate and up-to-date information about their policyholders. Providing KYC details helps to prevent fraud and money laundering, and ensures that policyholders receive the full benefits of their insurance coverage. Currently, KYC documents are only required when making a claim worth over Rs 1 lakh. Under the new insurance rule, KYC documents will be required even while purchasing a new policy.
An assessee liable to pay advance tax is not liable to pay interest u/s 234B if the advance tax paid by him is not less than
The following information is available about CrismsonCoporation. Study it carefully to calculate the basic EPS for the year ended Marc,31, 2015.
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Who owns the GeM?
A company reported net profit before tax of Rs.36,100. It has raised debt capital of Rs.250,000 through 13% debentures. What is the interest coverage ra...
When shares are issued by a company to its employees or its directors, either at a discount or for consideration other than cash, for providing know-how...
Budgeted costing, marginal costing and standard costing are the ________
What is the term used to describe the rate of return earned by an investor who purchases a bond and holds it until it matures?
Which of the following is a direct tax?
Opening work in process inventory can be calculated as under
Which of the following is the correct full form of REIT?
