Question
What major change has been introduced in the new Income Tax
Bill presented in Lok Sabha?Solution
The new Income Tax Bill, presented by Finance Minister Nirmala Sitharaman, replaces 'assessment year' with 'tax year', effective April 1, 2026. The 622-page Bill aims to simplify tax compliance without changing tax rates.
The role of a risk engineer in the insurance process is to:
 A motor policy is usually valid for a period of ____ year and has to be renewed before the due date.
What percent shares of New India Assurance Co Ltd is owned by Government of India?
Which bank becomes the first bank to set up a wholly-owned non-life insurance company?
A policy that covers the cost of repairing or replacing damaged electronic equipment is:
_________is a sum of money paid by an employer to an employee for services rendered in the company
Insurance is, thus, a financial tool specially created to reduce the financial impact of unforeseen events and to create______.
Once an insurance company has paid up to the limit, it will pay no more during that year is known as ____________?
An agreement between an insurance company and an agent, granting the agent authority to write insurance from that company is called?
What is the paid up capital of Life Insurance Corporation of India (LIC)?