Surat, July 10 (IANS) Surat district authorities have disbursed Rs 1.5 crore in flood relief to 2,500 affected families within two days as surveys continue across waterlogged areas, while insurance companies have been directed to expedite compensation claims for traders who suffered losses during the recent heavy rains. District Collector Tejas Parmar said survey teams had been deployed immediately after flooding caused damage in several parts of Surat city.According to the administration, 50 su…
Latest Compensation Claims News & Updates
New Delhi, Feb 1 (IANS) In a major relief initiative for victims of road accidents and their families, Union Finance Minister Nirmala Sitharaman announced during the presentation of the Union Budget for 2026-27 on Sunday that the interest accrued on motor accident compensation claims will be fully exempt from income tax. This proposal, aimed at ensuring victims receive the complete amount without deductions, also eliminates Tax Deducted at Source (TDS) on such interest payments. The announcement…