Just 10 months after listing, Sebi bars SME company from markets over financial irregularities

Just 10 months after listing, Sebi bars SME company from markets over financial irregularities

Capital markets regulator Sebi has come down heavily on Gujarat-based Kalahridhaan Trendz, a recently listed SME company, and its promoters for failing to report payment defaults and misleading corporate announcements. In an interim order, the regulator barred the company and its promoters from accessing or associating themselves with the securities market in any manner. “The … Read more

‘Health insurers do not load the premium…’: Insurance expert breaks down on clauses for smokers, alcohol drinkers

‘Health insurers do not load the premium…’: Insurance expert breaks down on clauses for smokers, alcohol drinkers

Smoking and consuming alcohol can have negative effects on one’s health and also while purchasing health insurance. Many individuals acquire health insurance with the expectation of never having to use it, but with the assurance that the policy will be there to assist in case of unforeseen circumstances.  Despite common belief, individuals who smoke and … Read more

ITR deadline in Dec: Report foreign income, assets or you may face penalty of Rs 10 lakh; check details

ITR deadline in Dec: Report foreign income, assets or you may face penalty of Rs 10 lakh; check details

ITR filing: Taxpayers with foreign income or assets must disclose them by December 31, 2024, to avoid penalties under the Income Tax and Black Money Acts. The Income Tax Department has outlined the necessary steps for taxpayers to meet this obligation. Previously, the Income Tax Department underscored the significance of reporting assets held overseas or income … Read more

Insurance query: I want to know whether smoking and drinking are major clauses in a term insurance or not

Insurance query: I want to know whether smoking and drinking are major clauses in a term insurance or not

My friend and I are in the process of considering term insurance, and a major point of concern for us is regarding smoking and drinking. Every broker has asked us whether we smoke or drink. One of us is a smoker who smokes almost daily, while the other person drinks occasionally on weekends or skips … Read more