The TPAs act as intermediaries between the insurance company, healthcare provider and the policyholder and thereby provide vital services to the medical and insurance industry.

If you have invested in mutual funds, you may be well aware that when you sell the units of mutual funds within a specified time, you have to pay exit load on the amount realised on sale of units. The exit load is usually payable if the units are sold within one year of purchase and the load is usually 1% of the sale amount.

The financial ratios of a company mirror the financial health of a company. But is essential to understand and interpret some of the key financial ratios to accurately gauge the financial health of the company before investing in the stock. Here are some of the key financial ratios that every investor must look at before investing

The expenses incurred on medical care and nursing of dependents with specified disabilities can be claimed as deduction under the Income Tax Act. The deduction is available for medical expenses incurred towards nursing, training and rehabilitation of the disabled dependent.

The Securities and Exchange Board of India (SEBI) has approved a slew of proposals aimed at boosting portfolio investments in stock and commodity derivatives markets.

SEBI has mooted revised framework for settlement of cases and has proposed new KYC norms for FPIs.

The Central government plans to introduce geo-tagging of registered offices of companies in their statutory filings with the Registrar of Companies.

The abrupt and unexpected crash in the market on Friday caused panic among the investors who were totally dumbstruck by the sudden precipitous fall in the markets. 

There are insurance policies that come with restoration benefit clause, whereby the insurance cover exhausted due to claims made by the insured is restored fully by the insurance company. Of course, there are certain terms and conditions that specify when the restoration benefit will trigger and when it will not. Let us look at these terms and conditions.

The collapse of Lehman Brothers on September 15, 2008, triggered a global financial crisis that saw virtual meltdown of the financial markets. Ten years down the line, the world shudders to think about the nightmare that the collapse unleashed across the globe for many months thereafter.

These days, app-based transactions have become common and we should not be surprised that today one can buy and sell mutual funds through mobile-based apps. The icing on the cake is that unlike transacting through brokers or distributors, these apps offer direct mutual fund schemes, which means there is no commission to be paid to the brokers or distributors, so you save on these costs and thereby increase your potential returns.