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Indirect tax collection up 3.3% in April 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.
Mallya's two firms get Rs 91 crore service tax notice Mallya's two firms get Rs 91 crore service tax notice The notice is pertaining to sponsoring events like IPL, East Bengal Football Team, Force India Team, Wills India Fashion Week, Mohan Bagan Team.
LIC eyes 15% growth in first premium income in current fiscal LIC eyes 15% growth in first premium income in current fiscal Country's largest insurer LIC is expecting a 15 percent growth in first premium income during the ongoing fiscal after recording a de-growth in 2012-13.
IRDA plans to set up depository for paperless policies IRDA plans to set up depository for paperless policies The Insurance Regulatory and Development Authority is mulling over a proposal to set up a depository that will allow customers to hold policies in paperless form much like investors holding equity shares in demat accounts.
IRDA probing money laundering allegations against insurers IRDA probing money laundering allegations against insurers Insurance regulator IRDA Monday said it is examining the allegations of money laundering levelled against LIC, Reliance Life, Tata AIA and Birla Sunlife and action will be taken against the guilty at the earliest.
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