The Life Insurance Corporation of India (LIC) Monday launched its own insurance repository – LIC E-services -- which will allow its existing customers to check details of policies, including settlement status, online as well as buy new ones.
Over 11 lakh taxpayers have filed their IT returns for Assessment Year 2014-15 after the department tracked them under a special drive to identify those who have not filed their returns despite having an obligation to do so, according to official data.
Addressing the business leaders of France and India here in presence of French President Francois Hollande, Modi said his government wants to ensure that foreign investors are clear about tax systems that will prevail in India over the next 15 years.
The brewing discontent amongst the central government employees against the 7th CPC recommendations is threatening to create a storm. The unions are seeking around 44 percent hike on the minimum basic pay suggested by the 7th central pay panel.
India is gradually transforming most of its taxation laws for a greater degree of stability and predictability, finance minister Arun Jaitley said on Thursday, stressing that the proposed Goods and Services Tax (GST) is a major step in this direction.