Taxpayers account for just about one per cent of India's population, but tax outgo was over Rs 1 crore for as many as 5,430 individuals, as per the latest data disclosed by the government for assessment year 2012-13.
In the third roll-back in two months, the government today raised the interest rate on employee provident fund (EPF) contributions to 8.8 per cent for 2015-16 against 8
The Reserve Bank of India (RBI) on Thursday proposed registering peer-to-peer (P2P) lending platforms as non-banking finance companies (NBFCs) so as to bring them under the purview of its regulations.
There are a lot of benefits that seem to be available when one looks at mutual funds but this does not mean that they are right for you. Every
The insurance regulatory authority of India has restrained general insurers from combining their reinsurance requirements with their foreign partners and entering into common reinsurance agreements with global reinsurance companies.
Gilt funds delivered the highest returns among debt-oriented categories in the January-March quarter on hopes of decline in interest rates, according to Crisil Mutual Fund Ranking.
The category, represented by
Government on Thursday invited bids from merchant bankers to assist in its stake sale in three PSUs - OIL, NFL and RCF - which could fetch around Rs 2,260 crore to the exchequer.
“Man oh man this is such a hard ride to get. They always restrict this
- Payout on Franklin Templeton plan
FT Capital Protection Oriented plan has announced up to 100 per cent of distributable surplus as dividend.
- Canara Robeco declares dividend
Canara Robeco Interval Series 2 has declared up to 100 per cent of distributable surplus as dividend.
- Payout on HSBC MF plan
HSBC Mutual Fund has declared up to 100 per cent of distributable surplus as dividend on HSBC Fixed Term Series 30.
- Dividend on Kotak MF
Kotak Mutual Fund has announced up to 100 per cent of distributable surplus as dividend on Quarterly Interval Plan Series 8.
- UTI Mutual Fund declares dividend
UTI MF has declared up to 100 per cent of surplus as dividend on UTI Quarterly Interval Fund Series IV.
- Payout on Bharti AXA scheme
Bharti AXA Mutual Fund has declared dividend on weekly frequency on Bharti AXA ST Income Fund.