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IRDAI seeks proposal from LIC on stake reduction in IDBI Bank
Bharti AXA Life Insurance hires 10,000 insurance advisors and sets up 50 new branches across India
The annualised new business premium grew 48 per cent to Rs 422 crore in the first nine months of 2018-19 against Rs 286 crore in the similar period of 2017-18. The company posted 19 per cent growth in its renewal premium Rs 742 crore in the first three quarters of this fiscal, as compared to Rs 623 crore in the same period during the financial year 2017-18
High value cars, jewellery to become cheaper as TCS to be excluded in computing GST
EY India Tax Partner Abhishek Jain said: “This clarification comes as quite a relief for businesses specifically the automotive sector. While most industry players already believed that GST should not be levied on the Income tax TCS component, given the otherwise clarification by the Government, they were quite apprehensive of litigation on this aspect”.
Only 4% green buildings in India due to lack of expertise, funding: Survey
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