by AIP Online Bureau | Feb 16, 2020 | Eco/Invest/Demography, Indian News, Policy
New Delhi: The government's proposal to introduce new optional tax regime without exemptions and deductions will adversely effect the savings in India, according to experts. Finance Minister Nirmala Sitharaman in Budget 2020-21 provided option to personal...
by AIP Online Bureau | Feb 16, 2020 | Eco/Invest/Demography, Indian News
New Delhi: The GST Network on Sunday said around 92 per cent of large taxpayers with turnover of over Rs 2 crore have filed annual returns for 2017-18 fiscal. With Goods and services tax launches on July 1, 2017, this is the first time when businesses...
by AIP Online Bureau | Feb 16, 2020 | Indian News, Non-Life
New Dlhi: India's non-life insurance companies registered a 7.2 per cent rise in their combined new premium collection at Rs 17,225.75 crore in January this fiscal, Irdai data showed. The 35 insurers' gross premium collection stood at Rs...
by AIP Online Bureau | Feb 16, 2020 | Eco/Invest/Demography, Indian News, Policy
New Delhi: Indian companies now have the option to list their global depository receipts at the international financial services centre in Gujarat, with the government amending the rules. The move would help companies in having another avenue for raising...
by AIP Online Bureau | Feb 16, 2020 | Eco/Invest/Demography, Indian News
New Delhi: Foreign investors remained net buyers in the first half of February by investing a net sum of Rs 24,617 crore in the Indian markets due to positive sentiments post-Budget and the central bank's decision to maintain an accommodative stance in its...