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BUDGET 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
Rajan pitches for raising FDI in insurance to 49%
Talking to reporters, Rajan said the passage of the bill would signal that the reform process is continuing.
MNCs parking profits in tax havens challenge for I-T dep: Prez
"More than three-fourth of business transactions of the multi-national companies is being done through their various units," he said.
Retain tax exemption of state PSUs, Modi tells FinMin
Bihar Deputy Chief Minister Sushil Modi has asked the Centre to remove the clause in the Finance Bill 2013 that seeks to disallow state PSUs from availing income tax exemption on fee and royalty paid by them to state governments.
Indirect tax collection in FY’13 exceeds revised estimate target
The government's indirect tax collection for 2012-13 has exceeded the revised estimate (RE) by Rs 6,000 crore.
FM wants greater penetration in the non-life insurance sector
As India remains amongst the most underinsured countries in the world, Finance Minister P Chidambaram Wednesday said there is a need to increase penetration and coverage of non-life insurance in the country.
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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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