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Pension Bill: Key Highlights
The Pension Bill, that provides for investment of funds in equity market and opens the sector to at least 26 per cent FDI waspassed by the Lok Sabha.
Beware of fraud, fake mobile applications: I-T to taxpayers
The fake mobile applications use the name and purpose of I-T returns to conceal their fraud identity.
LIC Nomura eyes Rs 10,000 cr AUM in FY14
Despite volatility being witnessed in the bond and equity markets in recent months, LIC Nomura Mutual Fund is confident of achieving Rs 10,000 crore of assets under management (AUM) this fiscal on the back of sound performance in its debt schemes.
EPFO to launch online facility to view updated accounts
Retirement fund manager EPFO is all set to launch a facility to provide online updated account statements on real time basis for its over 5 crore subscribers soon after the Monsoon session of Parliament.
EPFO settles over 96% claims filed in Apr-Jul in set 30 days
Retirement fund body EPFO has settled 96.11 percent of the claims filed during April-July this year within the mandated 30 days period as per their citizen charter.
IDBI MF launches IDBI tax saving fund
IDBI Mutual Fund Monday launched an open-ended equity-linked savings scheme (ELSS), 'IDBI tax saving fund', with an aim to provide capital appreciation to investors along with tax benefit.
Max Life launches pension plans
This solution ensures a carefree and financially-secured retirement for an individual and the spouse, Max Life Insurance said in a statement.
IT industry raises service tax, TDS issues with Shome panel
Amidst its tax woes, the IT industry raised issue of service tax refunds and interpretation on tax deducted at source (TDS) on softwares with Finance Ministry's high-level committee.
Infosys unveils new solution for wealth management
Global software major Infosys Ltd Wednesday unveiled a new solution for wealth management, which will enable banks to enhance their retail service to high net worth individuals and affluent customers.
Bharti AXA Life launches Secure Income Plan
Private insurer Bharti AXA Life Insurance launched a traditional non-participating plan, which offers the policy holder tax free guaranteed income until maturity.
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