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May 24, 2013
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Personal Finance
Indirect tax collection up 3.3% in April
Indirect tax collection in April, the first month of the 2013-14 fiscal, grew by a meagre 3.3 percent to Rs 33,684 crore with excise duty collection declining 14.7 percent year-on-year.
Latest News
ICICI Lombard rolls out overseas travel insurance plan
Private sector general insurer ICICI Lombard Thursday launched 'International Travel Insurance Plan' which provides overseas medical insurance.
Indirect tax collection rises 17% in April-October
Economic slowdown is impacting revenue realisation as the indirect tax collection has shown only a moderate growth of 17 percent to Rs 2.57 lakh crore in April-October period as against the annual growth target of 27 percent.
Govt to push insurance, banking Bills in Winter Session
Insurance Bill, that seeks to raise foreign direct investment (FDI) cap in the sector from 26 percent to 49 percent figures in the list of official business for the session.
Cabinet to soon take up NIB proposal: Chidambaram
Finance Minister P Chidambaram Sunday indicated that the proposal to set up the National Investment Board (NIB) for expediting clearance to large projects will soon come up for approval before the Cabinet.
Govt to announce final guidelines on GAAR implementation soon
The Finance Ministry has firmed up its views on the GAAR and the draft has been sent to Prime Minister Manmohan Singh, an official said.
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Money Matters
HDFC Standard Life tops unfair trade practices complaint chart
The total number of unfair business practice complaints has shot up to 1.68 lakh in 2012-13.
SBI Mutual Fund launches gold accumulation facility
SBI Gold Fund is an open ended fund, which enables the common man to invest systematically in gold.
DPLI launches savings-cum protection plan
The policy can be bought even at the age of 55 or 60 which will mature when the policyholder turns 75, the maximum maturity age.
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Tata Steel swings to loss of Rs 6,528.51 cr in Q4
Naresh Goyal buys 29% stake in Jet from promoter entity
DoT prepares fresh notices for Airtel, Voda and Idea for 3G ICR
USFDA import alert could impact co's biz by $100 mn: Wockhardt
BlackBerry announces EMI schemes for BlackBerry Z10,Curve 9220
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Micromax A110Q Canvas 2 plus goes official
Sensex falls below 20K, down 388 points; SBI loses over 7%
Sensex tanks 430 points
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Pregnant GF to sue Murthy, iGate
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