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Kuwait processing applications from Indians under amnesty scheme: MEA

Kuwait has announced an amnesty till April 30 for those who do not have valid residency permits in the country. The initiative allows such people to leave the country without paying any fines.




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No last goodbye for Gulf migrant workers lost to pandemic

Millions of foreigners work in the United Arab Emirates and across the other wealthy Gulf nations, providing the backbone of the workforce in hospitals and banks, as well as on construction sites and in factories.




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COVID-19: Indian missions in UAE open online registration for its citizens who wish to fly home

"It is informed that the Embassy of India, Abu Dhabi and the Consulate General of India, Dubai, have started a database to register Indians wishing to travel back to India under COVID-19 situation. The details can be entered through the website of the Embassy by following the link 'Register in Database of Indians to Travel Back to India under COVID-19 situation'," India in Dubai tweeted.




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Coronavirus: Over 32,000 Indians in UAE register to return home

Within minutes, the site faced technical issues, prompting the missions to delete the tweet about it and repost it hours later. In a tweet posted in the wee hours of Thursday, the Indian Consulate asked applicants "to bear with it if it takes time for the page to load due to high traffic.




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Asymptomatic Indians cleared by UAE health authorities only to fly back home from Thursday: Embassy

The Indian nationals cleared by the UAE health authorities and found to be asymptomatic will only be allowed to fly back home in one of India's biggest ever repatriation exercises, the Indian Embassy in Abu Dhabi has said ahead of the first set of flights on Thursday.




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Force majeure clause won't apply to coronavirus death claims in life insurance policies

The Council also confirmed that the clause of ‘Force Majeure’ will not apply in case of COVID-19 death claims. This step was taken to reassure customers who had reached out to individual life insurance companies seeking clarity on this clause.




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Acko General Insurance offers one month free auto insurance amid COVID-19 lockdown

"To support customers during this time where their car/bike will not be in use, Acko General Insurance has decided to not charge insurance for one month and has announced an industry-first initiative that gives a one-month insurance extension to car and bike owners," Acko General said.




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Ulip holders may get option to stagger maturity payments to cushion current stock market impact

Where unit-linked policies mature and fund value is to be paid in lumpsum, Life Insurers may offer staggered settlement option to policyholders. This onetime option is regardless of whether such option exists or not in the specific product.




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How PhonePe's coronavirus insurance policy works

This coronavirus insurance policy is priced at just Rs 156 with an insurance cover of Rs 50,000 for a person aged under 55 years and the cover is applicable at any hospital offering Coronavirus treatment.




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Health insurance online sale spurts up to 30%, offline sales fall due to coronavirus impact

Generally, every year in March the health insurance industry witnesses a higher growth in the sale of health insurance policies. This is because people normally rush to buy policies before the end of the financial year to save tax.




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Should you buy a coronavirus-specific insurance policy? Here's a comparison of those available

Spurred by the insurance regulator to come up with Covid-specific products, several such plans have flooded the market in the past month or so from players such as Star Health & Allied Insurance, Bharti AXA Health Insurance, etc.




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Renewal date for health insurance policies extended but will you be insured in this period?

The policy does not stay in force unless renewed. This means any claim filed during the grace period is not considered by the insurer for the settlement. It is advisable to renew the policy before the renewal date is missed or the grace period starts




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Health insurers must decide coronavirus treatment requests within 2 hours: IRDAI

The Insurance Regulatory and Development Authority of India (IRDAI) has issued norms for general and health insurers for quick settlement of claims filed by policyholders for coronavirus (COVID-19) disease/infection.




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Family floater or individual insurance: Things to consider while choosing a health cover

An individual looking to buy health insurance cover has to make two decisions. The first is whether the entire family needs insurance and the second is about the type of health policy to buy.




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Post lockdown employers must mandatorily provide medical insurance to employees

Medical insurance should be typically taken for at least one year to cater to any health issue which could commence during the lockdown but extend beyond. However, insurers can also tailor health policies to suit the budgets of small enterprises.




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You may be allowed to pay health insurance premium in instalments amid coronavirus outbreak

You may now get the option from your insurer to pay your health insurance premiums on a monthly, quarterly or half-yearly basis in addition to the current option of paying premiums on an annual basis amid coronavirus outbreak.




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Insurers to soon offer e-KYC to make buying life insurance policies easier in lockdown

The latest circular by the regulator will help enable the policy purchase and KYC fulfillment process in a distance mode where customers can do it from the comfort of their houses just with the click of a button.




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Scope of health insurance coverage to get wider soon but policies may become dearer

Due to the prevailing COVID 19 outbreak, the need for prolonged hospitalisation of almost 2 weeks pushes the claims costs. These factors are likely to influence the pricing of health insurance in the coming years.




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BHARTI AXA General Insurance to offer ‘pay as you drive’ motor insurance policy

Notably, Bharti AXA General Insurance’s proposal for a usage-based motor insurance product was shortlisted by the Insurance Regulatory and Development Authority of India for its regulatory sandbox project.




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How to choose health insurance in times of coronavirus pandemic

Times may seem bleak, but this too shall pass, and when it does, we will need to get ready for life to return to normalcy. Part of this normalcy will be finances, and for life to move on, it's crucial to make sure savings have not been eaten away through avoidable medical expenses.




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Important that US continues to get access to talent critical to recovery phase: Nasscom

US President Donald Trump has signed an executive order pausing immigration for 60 days to protect the jobs of Americans laid off due to the COVID-19 pandemic. ​​Nasscom noted that the US Department of Homeland Security (DHS) has provided an excellent roadmap for any subsequent potential recommendation for non-immigrant and other visa categories.




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India studying Donald Trump's executive order on immigration

The temporary suspension of immigration will affect those who are legally seeking entry into the United States for employment but it will not impact the ones who are already living in the country, the order said.




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US to soon undertake review of non-immigrant visas including H-1Bs

Trump has sought a review of the non-immigrant programs, which includes the popular H-1Bs.




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Donald Trump's temporary Green Card ban aims to 'turn off the faucet' of new immigrant labour: Report

President Donald Trump's executive order to temporarily halt issuance of green cards aims to "turn off the faucet" of new immigrant labour and is the beginning of a broader strategy to reduce the flow of foreigners into the US.




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View: Trump’s anti-immigration order busts the model minority myth of desis

Trump’s move, a clear attempt to bolster his base ahead of the US election, shakes the very foundation of the image of America in the minds of many. This is a country where the immigrant story has had its fullest most Technicolor rendition, where politicians routinely boast about their immigrant roots.




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Coronavirus: US announces relaxations for H-1B visa holders and Green Card applicants

The US government has given a grace period of 60 days to H-1B visa holders and Green Card applicants.




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Government suspends all visas, bars travel by OCI card holders

The Home Ministry also said it has kept in abeyance multiple-entry life-long visas given to Overseas Citizens of India card holders till international travel remains suspended.




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Most H-1B employers use programme to pay migrant workers well below market wages: Report

"Among the top 30 H-1B employers are major US firms including Amazon, Microsoft, Walmart, Google, Apple and Facebook. All of them take advantage of program rules in order to legally pay many of their H-1B workers below the local median wage for the jobs they fill," said the report released by the Economic Policy Institute.




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One lakh Indian families in the US get relief due to Trump admin's appeal against revoking H4 visas

The Department of Homeland Security (DHS) argued that the American technology workers, who had challenged the 2015 ruling on giving work permits to H-4 visa-holders, have not been irreparably harmed by such work authorisation.




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COVID-19: All visas, OCI cards for foreign nationals outside India remain suspended

All existing visas issued to nationals of any country who have not yet entered India, will remain suspended till prohibition on international air travel of passengers from/to India is lifted. Exceptions include Visa issued to diplomats, official passport holders, those in UN/international organisations, and those on Employment and Project visas.




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US senators ask Donald Trump to suspend H-1B for engineers; ease rules for doctors, nurses to fight coronavirus

They have also asked for the suspension of the Optional Practical Training (OPT) programme which lets foreign students in science, technology, engineering and mathematics (STEM) work in the United States for up to three years after graduating. In 2019, over 223,000 people had their OPTs approved or extended.




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H-1B visa denial rates at 30% for first quarter of FY20

IT service companies and consultancies, which normally place people at third-party locations, reported higher visa denial rates than US technology firms, as has been the case over the past few quarters. Cognizant (60 per cent), Infosys (59 per cent) and Deloitte (40 per cent) had the highest number of denials in the top 25 list.




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For Indians in the Gulf, Covid paints an uncertain future

Millions of Indian workers are staring at an uncertain future as Covid shuttered businesses and crashed oil.




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NRIs’ residential status comes under I-T lens

An NRI is spared tax on income outside India. A resident is required to pay tax on global earnings.




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Non-residents, not-ordinarily residents in tax tangle: Experts

"CBDT may need to clarify reporting requirement for unlisted equity shares in foreign companies for NR/NOR,” said Sonu Iyer, tax partner and people advisory services leader at EY India.




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No intention to tax global income of NRIs in India, says FM

In order to avoid any misinterpretation, it is clarified that in case of an Indian citizen who becomes deemed resident of India under this proposed provision, income earned outside India by him shall not be taxed in India unless it is derived from an Indian business or profession.




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Income Tax department may ask NRIs to explain 'bloated' income

Clarification that overseas earnings of bona fide workers won’t be taxed is ambiguous, say experts.




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FM Nirmala Sitharaman sets Rs 15 lakh income cap to tax NRIs

Govt has decided to tax only the income generated by NRIs from the biz in India, leaving their global incomes.




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COVID-19 thwarts tax planning for several rich individuals and promoters

Virus could hit the way Indian revenue authorities tax their individual, foreign income.




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Economic Times




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Chinese ZTE cuts down 30% jobs in India

The headcount has now come down from more than 1,000 employees a year ago, with the majority of job cuts in the wake of Covid-19 outbreak that forced shutdowns in the February-April period. The headcount comprises staff on the company’s rolls as well as those on contract and outsourced manpower.




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The evergreen board games in their digital versions

At a time of uncertainty, people are seeking comfort in friends and the familiar - which also includes a collection of board games, we used to play as children. Here're some of the most popular online board games in India that have been offering refuge to people seeking entertainment during these testing times.




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Economic Times




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Why your identity should be more than your day job

Psychology says your identity is the way you define your uniqueness through your past, present and future.




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How to execute a plan for a good performance review

Your manager dreads review meetings as much as you do, because it is an unpleasant task to pass judgment on another person’s contributions and compensation. Here’s how you can make it work well for everyone and ace your annual appraisal.




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9 tips from sports to crack your job interview

An athlete is a master of the science behind his sport. Which muscles to exercise, the right skills, the impact of diet and which medicines are allowed. Figure out the science behind the interview and selection process of the company.




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How women can bridge the large gender pay gap

Your career is undeniably the biggest investment of your working life. Where the gender pay gap exists, it means that for the same work, you are getting a lower salary due to your gender. Progressive workplaces understand and take steps to fill this gap.




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Finding a new job in a recession will be a challenge. Here's what you should do

If the economy tanks into a recession, you and everyone else are at risk of losing his job. Finding a new job in a recession will be a massive challenge and hence you need a battle plan.




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Coronavirus and worklife: Tips to make working from home easy

The COVID-19 outbreak has caused almost all firms to deploy the work from home practice for employees. While some may be used to this, others may feel lost in the exercise. To crack and make the most of your work from home situation, here are important points.




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Coronavirus lockdown: What's the future of your company? Use this time to up career skills

The ongoing all-India lockdown could be lifted after 21 days or get extended. If the latter happens, the economy will get worse and firms may have to shut shop. Here's how you can achieve career growth even in a lockdown, as you preprare for things to swing either way.