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More than 5.29 crore ITRs filed as deadline ends today

by AIP Online Bureau | Aug 31, 2018 | Indian News

  NEW DELHI: Over 5.29 crore income tax returns have been filed by taxpayers as the deadline ended today, signalling an increase of more than 60 per cent from the previous year.  The total number of ITRs filed by the taxpayers during the current financial...

India records World-Beating 8.2% growth in Q1FY19

by AIP Online Bureau | Aug 31, 2018 | Indian News

  New Delhi: The Indian economy grew at 15-quarter high of 8.2 per cent in the April-June quarter of current fiscal on a good show by manufacturing and farm sectors, according to the government data released on Friday.   The growth cemented India's...

SC refuses to extend Sep1 deadline for issuing Long Term Motor Policy

by AIP Online Bureau | Aug 31, 2018 | Indian News

  New Delhi: The Supreme Court(SC) on Friday turned down the last ditch attempt by the general insurers to extend the time frame of Sept 1st for implementing its own order- passed on July 20- in the matter of issuing long term motor policies-three...

Max Life- Axis Bank partnership crosses Rs. 10,000 crore in new business premium

by AIP Online Bureau | Aug 30, 2018 | Indian News

  New Delhi: Max Life Insurance has achieved a new milestone in building one of the most admired bancassurance partnerships in India with Axis Bank by crossing Rs.10,000 crore in new premium (individual and group) since the inception of this partnership in 2010....

MOU between India and USA in insurance regulatory sector

by AIP Online Bureau | Aug 30, 2018 | Indian News, Regulation

  New Delhi: The Union Cabinet chaired by Prime Minister Narendra Modi has approved the signing of a Memorandum of Understanding (MoU) between Insurance Regulatory and Development Authority of India (IRDAI) and the Federal Insurance Office, USA.   Impact:...
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