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R-Cap to begin talks with foreign partners for insurance biz
Expecting the passage of Insurance Bill to bring in USD 8-10 billion of foreign capital into the industry, Reliance Capital Thursday said it would soon begin talks with foreign partners for its insurance ventures.
FM bars tax officials using political influence for postings
In a stern warning against use of political recommendations for postings of choice, Finance Minister Arun Jaitley has asked tax officials to desist from such practices or else face disciplinary action.
Why women should take charge of their finances?
5 reasons which make women better money managers
Forum takes serious note of insurance firms dragging cases
A consumer forum here has taken a serious note of insurance companies not entertaining claims and dragging cases by repeatedly taking adjournments.
IDBI Federal launches seven new plans
IDBI Federal Life Insurance is a joint-venture of IDBI Bank, Federal Bank and Ageas.
New India Assurance says renewal rates remain flat
Largest general insurer New India Assurance has started off the fiscal on a flat note with rates of renewal premium, which constitutes a significant chunk of their income, remaining stagnant and reinsurance rates declining up to 10 percent.
Insurers losses to remain high despite premium hike
The 10-15 percent average hike in third-party motor premium by the regulator is not sufficient to cover the losses and therefore the claim ratio will stay high, say industry officials.
I-T asks e-filers of tax returns to send ITRV by speed post
If you are filing online your Income Tax return, the paper copy of the 'ITRV' should only be sent through "speed post" to the Central Processing Centre (CPC) of the department in Bengaluru.
EPFO makes it mandatory for PF trusts to file returns online
Retirement fund body EPFO has made it mandatory for private provident fund trusts to file their returns online every month from April this year to improve the monitoring of these employers.
SEBI issues strict disclosure norms for mutual funds
SEBI Monday asked mutual fund houses to make monthly disclosures about assets managed by them and explain the rationale behind exercising their voting rights in companies, as part of long term policy for the industry effective from April 1.
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