July 31, 2014
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Analysis & Opinion
MF industry AUM rises by Rs 1.5 lakh cr in 2012-13
Improved market sentiments helped mutual funds' assets under management (AUM) soar by over Rs 1.5 lakh crore to touch Rs 8.2 lakh crore in 2012-13.
Canadas Manulife eyes Indian insurance market
Indian insurance sector may see the entry of a new foreign player, as Canada's largest insurer Manulife Financial is actively studying this market to find a workable business model to set up shop here.
I-T offices to remain open on Mar 30 and 31
Income Tax department offices across the country will remain open on March 30 and 31 for taxpayers who want to file their returns and conduct other tax related businesses.
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
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
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
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
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
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
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.
I-T dept to taxpayers: Save our official email id in inbox
Disappointed with India's blocking WTO trade deal: US
Bharti Airtel scrip up 5.5%; m-cap surges Rs 7,456 cr post results
Infosys to focus on innovation, new solutions: Sikka
Amazon to invest $2 bn in India; on track to hit $1 bn sales
ITR e-filing faces page downloading issues; ISP asked to improve connectivity
Xiaomi Mi3 sold out in 5 seconds: Flipkart
Samsung Galaxy Star 2 Plus launched at Rs 7,335
Gold price today: Latest updates
Maruti Suzuki Celerio diesel spied testing; launching early next year?
Cabinet okays 49% FDI in insurance
BRICS signs deal to create development bank
Finance Minister Arun Jaitley presents Rs 36,776 crore Delhi Budget
Highlights of Delhi Budget 2014
Zee Media Ministerial Conclave: Govt plans Waterport Authority of India, says Gadkari
Honda Mobilio MPV
BRICS Annual Summit 2014
Tata Zest Standout Features: In Pics
New car launches in July
Tata Zest first drive review: In pics
SC tells Supertech to refund principal amount
DGCA asks SpiceJet to refund fare to passengers
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