R Doraiswamy, CEO & MD, LIC R Doraiswamy, CEO & MD, LIC...
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CBDT chief says 88 pc of individual taxpayers have opted for new tax regime
"And insofar as presumptive tax cases, about 97 per cent of the...
RBI may hire more specialists for cybersecurity controls as digital risks multiply across banking system
The watchdog also seeks to add more officers to its supervision...
Indian mutual fund industry set to cross 50 mn unique investors
The systematic investment plans (SIPs) reached fresh highs as monthly contributions via SIPs hit Rs 23,547 crore in August, against Rs 23,332 crore in the previous month Mumbai: The mutual fund industry in the country saw assets under management (AUM) surging to Rs...
Probe into EY India’s office after worker’s death finds it lacked labour welfare permit
EY faces scrutiny in India over the death of audit executive Anna Sebastian Perayil, which her mother blamed on a "backbreaking" workload in a letter to EY India's chairman NEW DELHI: An Ernst & Young (EY) office in western India, which employed a 26-year-old who...
Zurich Kotak General Insurance to scale up its commercial insurance portfolio, Ajey Hegde to head the unit
Sean Walker, Head of Commercial Insurance & Chief Technical Officer, APAC, said, “As Indian businesses continue to grow, Zurich Kotak is well-positioned as a key risk management partner, helping commercial customers better understand and navigate current and...
Goyal asks realtors to ensure guaranteed ESIC, PF registrations for 7 cr people working in sector
Piyush Goyal,Union Commerce and Industry Minister "I urge you to kindly think about this in very serious terms… can we ensure a guaranteed ESIC and provident fund registration of all these 70 million workmen and women (working in this sector)," Goyal told real estate...
Audit bodies must address growing risks of privacy breaches, social exclusion: CAG Murmu
Girish Chandra Murmu, Comptroller and Auditor General of India "Whether during the pandemic, in the fight against climate change, or in advancing the Sustainable Development Goals (SDGs), the role of Supreme Audit Institutions(SoIs) in preserving integrity and...
InGovern raises concern over delay in AGM; Religare term the report manipulative
Responding to the report, Religare Enterprises chairperson Rashmi Saluja said, "The report is manipulative in nature and is a malicious attempt to hurt the credibility of the company and its leadership. We are compliant with all laws and regulations and continue to...
ICAI opposes proposed changes by NFRA in auditor responsibility for firms
The NFRA’s proposed change stems from the alleged audit failures at companies like Reliance Capital Ltd., Coffee Day Global Ltd., Dewan Housing and Finance Ltd. and IL&FS Group where a “mechanical reliance was placed by the principal auditor on the work of the...
Watching, mere storage of child pornography a crime: Supreme Court
The judgment authored by Justice J.B. Pardiwala suggested that the Parliament should seriously consider substituting the term “child pornography” with “child sexual exploitative and abuse material” (CSEAM) and in the meantime, the Union government may bring an...
NHRC issues notice to Labour Ministry EY-employee’s death
The National Human Rights Commission has also appointed a ‘Special Monitor’ to look into various practices and work environment leading to violations of human rights in business. The Commission has specifically constituted a ‘Core Group on Business and Human Rights’...
Nadda slams Punjab Govt for mismanagement of Ayushman Bharat payments, Punjab accuses Centre of discrimination
The Private Hospital and Nursing Home Association (PHANA) in Punjab has stopped cashless treatment under the government's health insurance schemes, including the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB-PMJAY) New Delhi: The ruling AAP in Punjab Saturday...