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Service tax liability on mutual funds, not their agents

Last Updated: Friday, August 7, 2015, 18:52

In a big relief to mutual fund agents, the government has said that distributors will not have to pay tax on services provided by them and the liability in this regard would entirely be on the fund houses.

[24]7 sets up new office in Bangalore, to hire 1,000 people

Last Updated: Sunday, July 26, 2015, 14:48

[24]7 is one of the world's largest providers of chat agents, with 5,000 chat agents providing digital assistance across financial services, communications, retail, technology and travel verticals.

[24]7 sets up new office in Bangalore, to hire 1,000 people

Last Updated: Sunday, July 26, 2015, 14:46

[24]7 is one of the world's largest providers of chat agents, with 5,000 chat agents providing digital assistance across financial services, communications, retail, technology and travel verticals.

[24]7 sets up new office in Bangalore, to hire 1,000 people

Last Updated: Sunday, July 26, 2015, 14:46

[24]7 is one of the world's largest providers of chat agents, with 5,000 chat agents providing digital assistance across financial services, communications, retail, technology and travel verticals.

Jet Airways allows 'choice' seat bookings through agents

Last Updated: Wednesday, May 20, 2015, 18:51

Private carrier Jet Airways Wednesday said its customers can now book their seat of choice through travel agents as well, a pre-paid facility which so far was available only on the airline's website.

Cabinet nod for amendments to Real Estate Bill

Last Updated: Tuesday, April 7, 2015, 21:56

Under the other new stipulations approved by the Cabinet, states have to make rules in this regard within one year.

Insurers to pay upto Rs 1cr fine on violations by agents: IRDAI

Last Updated: Tuesday, March 17, 2015, 23:43

The country's insurance regulator Tuesday said an insurer will be responsible for all acts and omissions of its agents and will be liable to a penalty of up to Rs 1 crore.

Insurance cos can hire agents without IRDA license from April 1

Last Updated: Thursday, February 26, 2015, 17:15

Insurance Regulatory and Development Authority of India (IRDA) Thursday said insurance companies can appoint individual agents on their own without license from the regulator from April 1.

SBI mulls composite agents for selling various products

Last Updated: Sunday, February 1, 2015, 15:37

Currently, these agents distribute only their respective companies on an exclusive basis.

IRDA evaluating fresh norms for banks as insurance agents

Last Updated: Sunday, January 18, 2015, 17:14

Insurance sector regulator IRDA is evaluating fresh norms for banks to act as intermediaries for insurers, following recent changes in law brought through an ordinance by the government.

Norms tightened for appointment of agents by insurers

Last Updated: Sunday, January 4, 2015, 16:43

Under the newly promulgated Ordinance, insurers cannot appoint any "principal agent, chief agent and special agent", neither they can transact any insurance business through them.

SEBI mulls checks on high upfront commissions to MF agents

Last Updated: Monday, December 22, 2014, 20:04

To check mis-selling of mutual funds, a SEBI panel is considering stronger checks against high upfront commissions paid by the fund houses to their distributors as it might be leading to forced movement of investors from one fund to the other.