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ICICI prudential gets over Rs 130 cr tax notice ICICI prudential gets over Rs 130 cr tax notice The Finance Ministry has asked private sector insurer ICICI Prudential to cough up over Rs 130 crore for alleged evasion through non-payment of service tax.
SBI Life FY'13 net up 12% at Rs 622 crore SBI Life FY'13 net up 12% at Rs 622 crore Private insurer SBI Life Insurance on Wednesday posted 12 percent growth in profit at Rs 622 crore for the financial year ending March 31, 2013.
I-T Dept's information utilisation deficient, says CAG I-T Dept's information utilisation deficient, says CAG There are deficiencies in the Income Tax Department's utilisation of information related to taxation and sometimes available details are either inadequate or incorrect, says a report by official auditor CAG.
I-T returns may require disclosure of all assets I-T returns may require disclosure of all assets In a bid to counter tax evasion, the Finance Ministry is contemplating making it mandatory for individuals and Hindu Undivided Families (HUFs) to report Indian assets and liabilities in income-tax (I-T) return forms.
SBI, Reliance witness steep decline in life insurance premium SBI, Reliance witness steep decline in life insurance premium The life insurance industry witnessed a drop of six percent in premium collection during the 2012-13 fiscal, with large private sector insurers like SBI Life and Reliance Life recording a steep fall in premium income.
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