CIRCULAR NO. IRDA/ACT/CIR/VIP/187/11/2010, DATED 23-11-2010 The structure of insurance policies evolves over time to provide policy holders, a stream of long term benefits. Generally these changes are in response to changes in the overall financial sector as also to be in line with current consumer expectations. Over the past decade, non-linked life insurance products have […]
Finance Minister Directs all PSBs, FIs and Insurance Companies to Look into their Exposures to the Various Companies Mentioned by CBI : Carry Out an Independent Evaluation on the Asset Quality, Documentation and Compliance of Prudential Requirements;
Dr. M.Veerappa Moily, Minister of Law and Justice informed the Lok Sabha in a written reply that the Government has amended the Representation of People’s Act to prohibit of conduct of exist polls till the last phase of polling is over. The Minister
It is therefore, advised that SC/RCs on becoming member /members of any Credit Information Company / Companies may provide them the current data in the existing format if not already furnished by the banks/FIs from whom SC/RCs acquire the assets. Care should be taken to ensure that accurate data / history regarding borrowers is given to Credit Information Companies.
CBI in its press release has stated that it has arrested CEO of LIC Housing Finance Limited(LICHFL), Mumbai, Secretary (Investment), LIC, Mumbai, General Manager, Bank of India, Mumbai, Director (Chartered Accountant), Central Bank of India, New Delh
The government today said that state-owned MOIL, which will hit the capital markets on November 26, would become the first PSU to come with a public offer where retail investors can invest up to Rs 2 lakh.”This would be the first issue by a PSU( MOIL
PwC has bagged the ‘India Tax Firm of the Year’ award from the International Tax Review (ITR), an globally reputed magazine focusing on international tax strategy. The award was presented at the ITR Asia Tax Awards ceremony held yesterday in Singapor
The income-tax (I-T) department has issued show-cause notices to a few television channels and production houses for allegedly not deducting tax at source (TDS) on payments made towards professional and technical services for three-and-a-half years
The Delhi High Court has refused to halt disciplinary proceedings against two Price Waterhouse partners by the apex body of chartered accountants for wrongly auditing and inflating the financial statements of Satyam Computer, now known as Mahindra Sa
Mobile Number Portability (which allows subscribers to retain their existing mobile telephone numbers when they switch from one operator to another) will debut today starting from Rohtak in Haryana. Consumers who are not happy with their existing ope
