Five changes taxpayers and investors need to make a note of
Live MintFrom the deadline for filing belated or revised income tax return being pushed to the Reserve Bank of India’s new guidelines for credit and debit cards, quite a few recent developments will affect taxpayers, investors and consumers. RBI’s new card guidelines kick in: RBI’s new guidelines to secure payments through debit and credit cards came into effect on 1 October. In these times when consumers are preferring online and contactless payments, they have to remain extra vigilant as the environment has become more vulnerable to cyber attacks,” said Bharat Panchal, chief risk officer for India, Middle East and Africa for FIS, a company that provides technology solutions. Standardization of health insurance: Health insurance policies have been re-introduced from 1 October 2020, in accordance with the guidelines and specifications issued by the Insurance Regulatory and Development Authority of India over the past year.
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