Indian

Income tax e-filers drop by 6.6 lakh in FY19

May 5, 2019

“If the filings are indeed plateauing, it will be a worry for the fiscal which has seemingly shifted its focus to compensatory expenditure,” it said. “Tax filings have surprisingly plateaued in FY2019. This is surprising given that post demonetisation it was expected that the tax base would continue to increase.”

Cyclone Fani laeves 12 dead, causes severe disruptions, damages properties and crops in Orissa

May 4, 2019

Summer crops, orchards and plantations have been devastated in large scale, said government sources. Also, mobile towers at many places were blown away, disrupting telecommunication services. “All telecom services are down in Puri district,” said Special Relief Commissioner Bishnupada Sethi

Cyclone Fani moving towards Bangladesh, no major impact in Bengal

May 4, 2019

“It is very likely to move further north-northeastwards and enter Bangladesh around noon as a deep depression with wind speeds of 50-60 kmph, gusting to 70 kmph,” Deputy Director General of the Regional Meteorological Centre here Sanjib Bandyopadhyay told PTI.

IDBI Federal Life reports a net profit of Rs 133 cr , up 31 per cent in during FY19

May 4, 2019

Speaking on the company’s performance during the year, Mr. Vighnesh Shahane, MD & CEO, IDBI Federal Life Insurance said, “In FY2018-19, with a tight control on costs, a focus on underwriting and a leaner organisation, we have been able to serve our customers better which has resulted in improved scores on most parameters. We also implemented a slew of digital initiatives which enhanced the customer experience and helped bring in further efficiencies across our distribution channels.”

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