Analysis & Opinion

HDFC Life launches ClassicAssure Plus
HDFC Life Thursday launched a participating, traditional insurance plan, ClassicAssure Plus, with limited premium payment term and a guaranteed reversionary bonus during the premium payment term.

Failure to deposit TDS on time will attract penalty
Failure to deposit timely and correct TDS or TCS will now attract a penalty ranging from Rs 200 to Rs one lakh by the Income Tax department.

SBI MF to acquire schemes of Daiwa MF
Though the company did not give the deal value, sources in the industry said it could be around Rs 2 crore.

I-T to scan salary slips of top executives for TDS
Income Tax department has decided to scan the salary structure of top executives of large corporates and PSUs to examine hidden tax opportunities in the perks and reimbursements made to them.

HDFC Life launches Health Assure Plan
Private insurer HDFC Life has launched its new health insurance product, Health Assure Plan, which is aimed at providing a comprehensive health cover.

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 without the need of buying and storing physical gold and that too without a demat account.

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.

HDFC Standard Life tops unfair trade practices complaint chart
Leading private life insurers HDFC Standard Life, Bajaj Allianz and Birla Sun Life top the list of firms against whom consumers have filed complaints with sectoral regulator IRDA for indulging in unfair business practices.

Life insurance policies on a decline in last 3 years: Govt
The number of life insurance policies has witnessed a decline in the last three years due to fall in sales in the unit-linked insurance segment and general market conditions, Parliament was informed.

BNP Paribas MF launches new fund
BNP Paribas Mutual Fund Monday said it has launched a capital protection-oriented fund-series I, mainly aimed at catering to risk-averse investors.

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