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Taxation of ULIP proceeds to create ‘level-playing field’ with MFs: I-T dept

by AIP Online Bureau | Jan 24, 2022 | Indian News, Life, Policy

The Central Board of Direct Taxes (CBDT), that frames policy for the income tax department, had on January 18 notified the rules stating the method of calculation of capital gains with regard to ULIPs with annual premium of more than Rs 2.5 lakh and subsequently...

HDFC Life launches ESG fund

by AIP Online Bureau | Jan 24, 2022 | Climate, Environment, Renewable Energy, Indian News, Life

The objective of this fund, which will be part of HDFC Life Click 2 Wealth, is long-term capital appreciation through investment in such select companies across market capitalisation Mumbai: HDFC Life, the has launched its sustainable equity fund, currently available...

WHO-US EPA partnership to unravel linkage between health and climate change

by AIP Online Bureau | Jan 24, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Health, International News, Pandemic

Five year agreement recognises the increased environmental and public health risks from the warming global climate and prioritizes environmental justice WHO estimates that 24% of all global deaths, and 28% of deaths among children under five, are linked to the...

Sensex nosedives 1,546 pts; Nifty tanks below 17,200

by AIP Online Bureau | Jan 24, 2022 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy, Workplace/Employee Benefits

Indian markets opened negative following mixed Asian market peers as investors look ahead to US Fed meeting and rising geopolitical uncertainty. During the afternoon session, they further sold off as indices fell well below psychologically crucial levels. Mumbai:...

Foreign luxury car makers remain bullish on India

by AIP Online Bureau | Jan 24, 2022 | Eco/Invest/Demography, Indian News, Non-Life

Lamborghini, which sells a range of super luxury cars with prices starting from Rs 3.16 crore in India, recorded its best ever sales in the country in 2021, beating its previous best record in 2019 when it sold a total of 52 units. It had sold 37 units in 2020 in the...
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