Commission News

The government is likely to set up the 16th finance commission this year to suggest, among other things, the ratio in which tax is to be divided between the Centre and states for five years, beginning April 1, 2026, an official ...

After suspending advance premium collection for insurance policies under both participating and non-participating last year in April beyond a month period from the policy premium due date, the insurance regulator, IRDA, has again allowed advance premium collection. The step ...

IRDA's new guidelines classified insurance products into 3 broad categories namely traditional plans, variable insurance plans and unit-linked insurance plans (ULIPs). Know about ULIPs. With the implementation of the set guidelines, new ULIPs are set to yield higher returns with adequate ...