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Showing posts from February, 2023

Top 10 Benefits of Having Health Insurance in India

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Discover the top 10 reasons why having health insurance in India is crucial for your financial and physical well-being. From comprehensive coverage to tax benefits, we'll explore everything you need to know. Health insurance is a crucial aspect of financial planning in India. With medical costs on the rise, having health insurance can provide you with the financial security you need to cover unexpected medical expenses. In this article, we'll explore the top 10 benefits of having health insurance in India. Peace of Mind: With health insurance, you can have peace of mind knowing that you and your family are protected in case of unexpected medical emergencies. Comprehensive Coverage: Health insurance plans in India offer comprehensive coverage for a wide range of medical expenses, including hospitalization, diagnostic tests, and outpatient procedures. Cashless Treatment: Many health insurance plans in India offer cashless treatment options, which means that you won't have

NPS rule change: As of April 1, 2023, withdrawal will not be permitted without uploading these documents.

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The Pension Fund Regulatory and Development Authority (PFRDA) has mandated that certain documents be uploaded by subscribers as of April 1, 2023 in order to speed up and simplify annuity payments after leaving the National Pension System (NPS). The pension organization stated in a circular dated February 22, 2023, "The upload of the papers shall be necessary with effect from April 1, 2023 in the interest of Subscribers and to benefit them with the prompt distribution of annuity income." What modifications affect NPS customers? The PFRDA has requested that the following papers be submitted to the appropriate Central Record Keeping Agency by the subscribers and any connected nodal offices, POPs, or corporations (CRA) interface for use. The following files must be uploaded: A NPS exit/withdrawal form, Proof of identity and residence as stated on the withdrawal form,  Evidence of a bank account, and  a copy of the PRAN card are all required. How soon will the new NPS regulation t

Launch of UPI-PayNow: Who may use it, how much you can pay each day, and its advantages.

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On February 21, 2023, Singapore's PayNow network and India's Unified Payments Interface (UPI) retail payment system were connected to allow for quicker remittances between the two countries. Users from both nations will be able to access faster and more affordable cross-border remittances thanks to this linkage. The facility was introduced by Reserve Bank Governor Shaktikanta Das and Monetary Authority of Singapore Managing Director Ravi Menon through token transactions utilising the UPI-PayNow interface. Prime Ministers Lee Hsien Loong of Singapore and Narendra Modi of India virtually attended the inaugural event.

20 additional cities will receive 5G services from Reliance Jio.

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 Twenty additional cities in 11 states and union territories have received Reliance Jio's 5G service expansion. Jio 5G services are currently accessible in 277 cities thanks to the launch. Jio True 5G services were launched in these 20 cities spread across 11 states and UTs. With this launch, Jio subscribers in 277 cities can begin experiencing the game-changing advantages of Jio True 5G in 2023. The new cities where Jio today debuted its 5G services include Bongaigaon, North Lakhimpur, Sivasagar, Tinsukia (Assam), Bhagalpur, Katihar (Bihar), Mormugao (Goa), Diu (Dadra and Nagar Haveli and Daman and Diu), Gandhidham (Gujarat), Bokaro Steel City, Deoghar, Hazaribag (Jharkhand), Raichur (Karnataka), Satna (Madhya Pradesh), Chandrapur, Ichalkaranji (Maharashtra), Thoubal (Manipur), Faizabad, Firozabad, Muzaffarnagar (Uttar Pradesh).