Wednesday, 23 September 2026
Tuesday, 22 September 2026
Income Tax | Section 87A Rebate in New Tax Regime: Eligibility, Limits & Examples
Income Tax | Section 87A Rebate in New Tax Regime: Eligibility, Limits & Examples
Click below:-
https://taxguru.in/income-tax/section-87a-rebate-tax-regime-eligibility-limits-examples.html?utm_source=follow.it
Monday, 21 September 2026
Corporate Law | IRDAI Delegates Penalty and Direction Powers Under Insurance Laws
Corporate Law | IRDAI Delegates Penalty and Direction Powers Under Insurance Laws
Click below:-
https://taxguru.in/corporate-law/irdai-delegates-penalty-direction-powers-insurance-laws.html?utm_source=follow.it
Saturday, 19 September 2026
Finance | UPI Transaction Charges: What Small Businesses & Consumers Need to Know
Finance | UPI Transaction Charges: What Small Businesses & Consumers Need to Know
https://taxguru.in/finance/upi-transaction-charges-small-businesses-consumers.html?utm_source=follow.it
Days of paying ₹50 to send ₹1,000... From Congress to UPI...
Days of paying ₹50 to send ₹1,000...
From Congress to UPI...
How has remittances changed in India?
The system used to charge a fee of ₹50 for sending ₹1,000...
Now money is flowing freely in few seconds, successors of the same system are coming and giving lectures on digital payments!
Once upon a time when the Congress was in power... To send a money order of ₹1,000 to the village, a government fee of ₹50, i.e. 5 percent had to be paid!
As if that's not enough... the postman has to be paid a bribe of ₹2 to ₹5 per hundred in the name of "convenience fee" to hand over the money order!
In some places there were complaints that they were pressing up to ₹10 per hundred. The money would come only if that bribe was given.
The people also accepted that all this was part of the system and tolerated it!
In other words, it was not only money that had to be spent back then...Time, labor and self-esteem had to be spent!
Need ₹100 DD for exam?
First go to the bank.
Congestion Queu, application, stand all day, you will not get DD even at 3 pm!
₹20 extra for that ₹100 DD.
Did you get the DD?
The work is not done yet!
Post office again next day, queu again, registry again. Cost ₹25 again!
That means for work worth ₹100...
The money is gone.
The journey is gone.
Time is gone.
Not one... two offices to go around!
They are not the ones standing in the queues.
They are not the ones who wasted the day at the bank counter.
They were not the ones who turned around the post office.
Now they are shedding tears in the name of the common man!
Once upon a time people's time was worthless...
Office time is worth it!
Once upon a time people's comfort was not valued...The clerk who moves the file is worth it!
Once upon a time people's money had no value...
Worth the mid-cut fees!
The strange thing is...
Congress did not move on money order fees!
No movement on DD exploitation!
No movement on post office queues!
The war was not fought for people's time.
The war was not fought for the sake of the people.
War was not fought for the plight of the people.
But now people suddenly love the digital system!
Now compare the same scenario with UPI.
Take the mobile. Scan the QR code. Pay up in a few seconds. Work done!
No bank queue.
There is no circle of DDs.
There is no post office runner.
There is no registry.
Tea shop.
Vegetable cart
A small hotel.
small trader
There is no need for a bank counter to withdraw money anywhere!
Then the man goes to the system to send the money...Now the system is in the hands of man!
Once upon a time an office was needed to send money. Then another office is needed.
Now?
One mobile is enough!
Once upon a time a small trader...
"Do you have change?" The question Now...
“Is there a QR code?” That's it!
It's not just a change of payment method.
The way man moves money has changed!
People seem to have forgotten.
But people have not forgotten!
The journey from money order to UPI has been reduced, not just the fees...Distance to run.
It's not just queuing time that's reduced...
Getting around the bribery system!
Reduced is not just paper…A process of unnecessary exploitation!
Once upon a time...
"Where to send money?" was the question.
Now...
"To whom should it be sent?" That is the question!
There is no central bank.
No queue.
No post office.
No registry.
No more of that old wheel that devours man's time!
Congress...
Their nature is to scream and shout with anger.
Let them and their supporters keep yelling like that...People are not going back to the old queues!
Because...
India has come from money order era to UPI era
Not to walk back...The habit of moving forward has come.
Thursday, 17 September 2026
PIB:Cabinet Approves Higher EPFO Wage Ceiling of Rs. 25,000
Cabinet Approves Higher EPFO Wage Ceiling of Rs. 25,000, Expanding Mandatory CoverageDecision to take effect from Vishwakarma Jayanti and Sewa Divas on 17 September,2026
Click below:-
https://pib.gov.in/PressReleaseIframePage.aspx?PRID=2310973&RegID=3&LID=1
Our Best Wishes to our Honourable PM upon his 76th Birthday today
Our Best Wishes to our Honourable PM upon his 76th Birthday today Let all of us pray that he continues to lead us till Bharat becomes a Viksit Bharat Wish him good health and long life
Wednesday, 16 September 2026
Latest UPI Rules - Updated Sept 14-15, 2026. Effective from *Oct 15, 2026
Latest UPI Rules - Updated Sept 14-15, 2026. Effective from *Oct 15, 2026*:
*1. For YOU as customer - No extra charge:*
- You will NEVER pay extra. You pay Rs 3,000, shopkeeper gets charged, you still pay Rs 3,000 only.
- P2P - sending to friends / family / your own accounts - is 100% FREE for any amount.
- P2M up to Rs 2,000 is FREE. No MDR.
- Merchants cannot pass MDR to you. 40d91e274477d11c
*2. Who pays MDR then?*
- Merchants pay 0.4% on P2M payments ABOVE Rs 2,000, max Rs 300 per txn.
Eg: Rs 3,000 = Rs 12, Rs 50,000 = Rs 200, Rs 75,000+ = Rs 300 cap. 40d9fce4
*3. Special low rates:*
- Railways, telecom, insurance, fuel, electricity, water, piped gas: flat Rs 5 for above Rs 2,000.
- Mutual funds / stocks / brokers: 0.02% capped at Rs 300. 97a9
*4. Small shopkeepers SAFE:*
- P2PM small vendors getting up to Rs 1 lakh/month via QR directly in bank = ZERO MDR. Even if one payment is above Rs 2,000, no charge if they stay in P2PM.
- If they cross Rs 1 lakh for 3 months continuously, then moved to P2M. 4477fce4
*5. Privacy new rule - from Sept 4, 2026:*
- UPI apps must MASK your mobile number. Only last 4 digits visible to other person. Full number, account no, UPI ID hidden on screens.
- New UPI IDs will be username-based (like name@bank) by default, not mobile-number-based. 9fd2
This is to fund cybersecurity, fraud prevention and servers as UPI did 2,451 crore txns in Aug 2026 alone. fce4bccf
WP 14682/2026 Karnataka H C Judgment on GM claim
M/S National Insurance Co Ltd vs Mr Padmanabha Shetty G on 1 September, 2026
Author: Suraj Govindaraj
Bench: Suraj Govindaraj
Click below:-
https://drive.google.com/file/d/1p5QuogCsZ7XVO7RM-veI333cJruaGoTA/view?usp=drivesdk
M/s National Insurance Co. Ltd. v. Mr. Padmanabha Shetty G.
Yes. I found the recent Karnataka High Court judgment you appear to be referring to:
M/s National Insurance Co. Ltd. v. Mr. Padmanabha Shetty G.
Karnataka High Court, Bengaluru — 1 September 2026
W.P. No. 14682/2024 (GM-RES)
Judge: Justice Suraj Govindaraj. �
Indian Kanoon
What was the dispute?
Mr. Padmanabha Shetty was insured with National Insurance Company and was undergoing treatment for Stage IV prostate cancer.
The insurer had reimbursed other hospitalisation/treatment expenses but refused reimbursement of ₹2,85,470 spent on two injections:
Zoladex (Goserelin)
Xgeva (Denosumab)
The insurer's principal argument was that these injections were administered without hospitalisation, and therefore constituted outpatient treatment which was not covered under the policy. �
Indian Kanoon
The insured approached the Permanent Lok Adalat, Mangaluru, under Section 22-C of the Legal Services Authorities Act, 1987. The Permanent Lok Adalat directed reimbursement of ₹2,85,470 with 6% interest, besides ₹25,000 compensation. National Insurance challenged that decision before the Karnataka High Court. �
Indian Kanoon
What did the High Court decide?
The High Court dismissed National Insurance Company's writ petition and upheld the Permanent Lok Adalat's award.
Importantly, the Court directed the insurer to:
Pay the medical expenses ordered by the Permanent Lok Adalat, with up-to-date interest;
Do so within 30 days of receiving the judgment;
Pay an additional ₹50,000 as costs to the insured. �
Indian Kanoon
The important principle regarding health insurance
The Court's reasoning is particularly significant.
It found that the injections were prescribed as part of the continuing treatment and management of the insured's prostate cancer. The fact that modern medical treatment allowed the injections to be administered without hospitalisation did not, by itself, justify denying the claim. �
Indian Kanoon
The Court also made an important observation in substance: a patient should not be required to undergo medically unnecessary hospitalisation merely to satisfy an insurer's interpretation of a hospitalisation requirement. �
Indian Kanoon
At the same time, the judgment expressly recognised that compassion alone cannot enlarge an insurer's contractual liability. The Court's conclusion was based on its interpretation of the policy and the nature of the treatment, rather than simply on the seriousness of the disease. �
Indian Kanoon
Another important point — powers of the Permanent Lok Adalat
National Insurance also argued that the matter should be sent back to the Permanent Lok Adalat because the conciliation process under Section 22-C had not been adequately pursued.
The High Court rejected that argument. Since the insurer maintained that nothing at all was payable and had expressly declined to make any settlement offer, the Court considered that sending the matter back merely for another conciliation exercise would cause further delay. It emphasised that a Permanent Lok Adalat has statutory power to adjudicate the dispute when conciliation fails. �
Indian Kanoon
This aspect of the judgment could be quite important beyond this particular cancer claim.
Full judgment
Read the complete Karnataka High Court judgment — National Insurance Co. Ltd. v. Padmanabha Shetty G.�
If you are interested because you have your own health-insurance claim, I can also analyse this judgment specifically from the standpoint of whether it can be relied upon against an insurer for rejecting a claim on the ground that treatment was OPD/non-hospitalisation—including the relevant paragraphs and earlier Supreme Court judgments the Karnataka HC relied upon.
AIRIEF CIRCULAR NO 2 DATED 13th September 2026⁸
ALL INDIA RETIRED INSURANCE EMPLOYEES FEDERATION
To,
All affiliated units of AIRIEF....
Daate: 13th Sept. 2026
This is in continuation to my eaarlier circular bearing ref. AIRIEF/001/2026-28 dated 13.9.2026 informing the composition of new OBs at the recently concluded XIII Bienniaal GC meeting at Mysuru.
Through an oversight, there has been an act of omission as the name of the Connvenor of Budget Committee could not be mentiononed.
Be it kindly known that Shri D.Thahalakiah,SZ is Convenor of the Budget Committeeee.
This act of omission is regretted..
With regards
-Ranjan Dey Sarkar
General Secretary
AIRIEF
Tuesday, 15 September 2026
Corrigendum...* to AIRIEF CIRCULAR NO. DATED 13.09.2026 8
*Corrigendum...* to AIRIEF CIRCULAR NO. DATED 13.09.2026
Through an oversight, I've missed to mention the name of Convenor of the Budget Committee.
Please note that Shri D. Thalakiah is appointed Convenor of the Budget Committee which I'll notify through a Circular. This act of omission may please be excused
-Ranjan Dey Sarkar
General Secretary.
AIRIEF CIRCULAR NO. 1 DATED 13.09.2026
AIRIEF CIRCULAR NO. 1 DATED 13.09.2026
Click below:-
https://drive.google.com/file/d/1SRJfozzIx2Ms_UU95vbN82-kDZM5OAEM/view?usp=drivesdk
Click below:-
https://drive.google.com/file/d/1SRJfozzIx2Ms_UU95vbN82-kDZM5OAEM/view?usp=drivesdk
LIST OF LIC GUEST HOUSES
LIST OF LIC GUEST HOUSE
CLICK BELOW:-
https://drive.google.com/file/d/16YSxGswgtZgLZzgdgxxsu7MFPcFqyjWp/view?usp=drivesdk
CLICK BELOW:-
https://drive.google.com/file/d/16YSxGswgtZgLZzgdgxxsu7MFPcFqyjWp/view?usp=drivesdk
Monday, 14 September 2026
Income Tax | Provisions relating to Income chargeable under head Salaries under Income Tax Act, 2026
Income Tax | Provisions relating to Income chargeable under head Salaries under Income Tax Act, 2026
Click below:-
https://taxguru.in/income-tax/provisions-relating-income-chargeable-head-salaries-income-tax-act-2026.html?utm_source=follow.it
ENJOY THE MANY FASCINATING PICTURES OF LORD GANESHA & MANTRAS: RBK
DEAR ALL.
ENJOY THE MANY FASCINATING PICTURES OF LORD GANESHA & MANTRAS: RBK
DEAR ALL, GREETINGS FOR GANESH FESTIVAL 14th September, 2026
1) LORD GANAPATHY is an adorable deity.He is GANA -Conqueror of Obstacles.All go to Him for blessings,an array of devotees,students,teachers,businessmen,forlorn youth, lovelorn couple,all strata of society,even the Gods make obeisance to Him for their ventures,.His protruberant belly is suggestive of well-being that is almost worldly.Elephantine memory is derived from his animal form & swarupa.The famous 9 times thopukaranam,as it is called, with hands criss- crossing& holding the right & left ears ,repeating standing,sitting, pose 9 times,is claimed to be a good therapy to cure many ailments.Om,written ,before commencement ,of any test, exam, tournament or embarking on new business,lifes all activities ,always heralds prosperity,it is claimed.
PIB::PRESIDENT OF INDIA’S GREETINGS ON THE EVE OF GANESH CHATURTHI
PRESIDENT OF INDIA’S GREETINGS ON THE EVE OF GANESH CHATURTHI
Click below:-
https://pib.gov.in/PressReleaseIframePage.aspx?PRID=2309745&RegID=3&LID=1
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