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Corona Kavach and Corona Rakshak,COMING SOON!!| Money News

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Here are the top stories of today's news episode:

  • IRDAI issues guidelines for COVID health policies, Corona Kavach and Corona Rakshak which will be available from July 10th, 2020. These policies are launched for providing financial protection against coronavirus. The pandemic is causing both health and financial risks to common people. To tackle this issue, government has launched the corona kavach and corona rakshak policies. 

  • Cash withdrawals from ATM's to be charged. Bank specific rules will be applicable from July 1st.

  • New Income Tax Regime Exemptions on travel allowance up to  Rs 3000/- claimable for handicapped.

  • Government to launch floating rate savings bond from July 1st, 2020 with interest rate 7.15%

  • Auto sales likely to witness major fall - likely to be the worst decline in 3 decades

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