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Government to introduce new ITR form by month-end Government to introduce new ITR form by month-end
Government will introduce new forms for filing of income tax returns for the assessment year 2013-14 by the end of this month, Minister of State for Finance S.S. Palanimanickam said on Friday.
35,000 tax notices on way; FM asks defaulters to clear dues 35,000 tax notices on way; FM asks defaulters to clear dues
The action of the tax authorities come on top of notices sent to 70,000 assessees recently for recovery of tax dues to shore up revenues which it is feared may fall short of the budget estimates in the current financial year.
Tax exemption for securitisation trusts to boost MFs Tax exemption for securitisation trusts to boost MFs
With the Budget provisions to exempt securitisation trusts from taxation, mutual fund houses are likely to enter into securitisation deals after staying away from it since last year, say industry experts.
Govt allows family pensioners to rectify their birth record Govt allows family pensioners to rectify their birth record
Government has allowed family pensioners, including parents or spouse, to rectify their date of birth records in case of any anomaly, to ensure timely enhancement of the social security benefit to them.
MFs garner Rs 1.2 lakh cr from investors in Apr-Dec MFs garner Rs 1.2 lakh cr from investors in Apr-Dec
Investors have put in more than Rs 1.2 lakh crore in various mutual funds in first nine months of the ongoing financial year compared to cumulative net outflow of nearly Rs 80,000 crore in last two financial years.
IRDA introduces File and Use procedure for life products IRDA introduces File and Use procedure for life products
To fast-track the approval mechanism, insurance sector regulator IRDA re-introduced the process of automatic clearance to life insurance products.
Redefining personal finance for Indias middle class Redefining personal finance for Indias middle class
A middle class Indian, on an average, loses Rs.30,000-40,000 every year because of bad personal finance products he bought in the past, claims ArthaYantra, an integrated personal financial services company which offers free financial advice online.
Reliance Life Insurance launches super endowment plan Reliance Life Insurance launches super endowment plan
Reliance Life Insurance, a part of Reliance Capital, Thursday announced a new plan that offers guaranteed life cover and maturity benefits.
ICICI Prudential Life Insurance launches new policy ICICI Prudential Life Insurance launches new policy
ICICI Prudential Life Insurance Company Ltd (ICICI Prudential Life) has announced the launch of ICICI Pru Shubh Retirement, a new policy for its clients throughout the country including Sikkim to address the growing need for post retirement income.
LIC Nomura Mutual Fund re-launches ULIS with more features LIC Nomura Mutual Fund re-launches ULIS with more features
LIC Nomura Mutual Fund has re-launched its open ended Unit-Linked Insurance Scheme (ULIS) Tuesday with additional features aiming at Rs 500 crore assets under management (AUM) by the end of FY13, with one lakh new investors.
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