DSIJ Mindshare

The decision of the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) to hike the repo rate by 25 bps to 6.50%, thereby moving the reverse repo rate to 6.25%, and maintaining the Cash Reserve Ratio at 4%, indicates the neutral stance adopted by the RBI on the monetary policy.

Insertion of clause 68HH in EPF Scheme will enable a member of the EPF, who is no longer in employment for a continuous period of one month, to withdraw 75% of the total fund standing to his or her credit in the PF account.

Not many home buyers know that the Real Estate Regulation and Development Act, 2016 (RERA) has introduced title insurance for property. RERA has mandated the purchase of title insurance for all new and ongoing property developments registered with the regulatory body, yet there is very little awareness about this amongst buyers. 

The Fugitive Economic Offenders Bill, 2018 (FEO Bill), was approved by the parliament last month (July). The bill is expected to help the government bring back fugitives involved in white-collar crimes to stand trial in India.