Shortfall

IRDAI examining shortfall in health claim settlements

contact@dailyupdatesindia.com6 months ago03 mins

MUMBAI : The Insurance Regulatory and Development Authority of India (IRDAI) is closely examining the shortfall in the settlement of health insurance claims, even as more than half of the complaints received under the insurance ombudsman system relate to health policies.Speaking at the Bima Lokpal Day event on Tuesday, IRDAI chairman said that while the…

GST rationalisation impact: Higher RBI dividend expected to offset revenue shortfall; CareEdge flags tax pressure

contact@dailyupdatesindia.com7 months ago03 mins

Strong RBI dividend to help stabilise finances The recent rationalisation of Goods and Services Tax (GST) rates is likely to create a net revenue loss of around 0.1 per cent of GDP in the current financial year. However, this shortfall may be compensated by the higher dividend payout from the Reserve Bank of India (RBI),…

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IRDAI examining shortfall in health claim settlements

GST rationalisation impact: Higher RBI dividend expected to offset revenue shortfall; CareEdge flags tax pressure