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Hope to get Insurance Bill passed soon: FM Hope to get Insurance Bill passed soon: FM Finance Minister P Chidmabaram on Saturday expressed the hope that Insurance Amendment Bill, which seeks to raise FDI cap in the sector to 49 percent, will be passed soon.
Secrets of tax havens exposed in global media probe Secrets of tax havens exposed in global media probe Hidden dealings of politicians, con artists and the mega-rich in more than 170 countries, including India, have been exposed by a group of international journalists sifting through a trove of 2.5 million secret files.
Ten life insurance funds beat Nifty with higher returns Ten life insurance funds beat Nifty with higher returns Amid turbulent times in the stock market, at least ten funds managed by the life insurers have given better returns than the stock market benchmark index with gains of as high as 12.4 percent in the last fiscal.
IRDA to cos: File product planner to expedite approval process IRDA to cos: File product planner to expedite approval process IRDA Monday asked insurers to mandatorily file a product planner in a prescribed format at least 45 days before the beginning of every financial year with a view to reduce the timelines for giving approvals to insurance products.
Govt detects Rs 2540 cr evasion of excise, service tax Govt detects Rs 2540 cr evasion of excise, service tax The Mumbai unit of Directorate General of Central Excise Intelligence has detected over 464 cases involving the evasion of excise duty and service tax to the tune of Rs 2,540 crore, and recovered Rs 230 crore during the last fiscal.
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