As the awareness and demand for term insurance gain momentum, Policybazaar has observed a steadily growing preference among High-Net-Worth Individuals for high-value insurance coverage. This shift is visible through an increasing number of HNIs opting for high-value policies of Rs 20 Crore over the last few years, the insurance marketplace said. Sarbvir Singh, joint group CEO, PB Fintech, said, “We …
The recent news on the re-introduction of inheritance tax has made a lot of people panic. However, inheritance tax might be only applicable to families and individuals whose estate value exceeds a certain threshold limit. The reduced estate value may fall below the threshold that triggers inheritance taxes, or at least lower the total tax liability,” said Sneha Makhija - …
In the global transition towards sustainable financial choices, India is making waves. While at its nascent stage, India’s journey toward sustainability is marked by robust government action, regulatory push, a surge in ESG-centric funds, and corporate commitment to greener practices. Government and Regulatory Backing Government’s Initiatives: Top Indian fund houses are on the cusp of rolling out ESG-focused offerings, with …
