Developments

The Finance Minister has agreed to consider the proposal for reduction of lock-in-period for banks’ fixed deposits to 3 years

With a view to improving transparency in re-insurance, IRDA on Tuesday 21st February, planned to introduce an electronic re-insurance platform

On Thursday 23rd February, The Chairman of Unique Identity Authority of India, recommended setting up a network of 1 million

The Finance Minister has agreed to consider the proposal for reduction of lock-in-period for banks’ fixed deposits to 3 years

On 21st February, The Finance Ministry, decided to include foreign bank deposits under taxable assets in wealth tax, in the

The country’s largest lender, State Bank of India (SBI) has decided to cut interest rates on education loans by up

The Reserve Bank of India (RBI) on Tuesday 14th February, issued draft norms for permitting non-banking institutions to set up,

Retirement Fund body EPFO (Employment Provident Fund Organization) is likely to fix the minimum pension at Rs.1,000 per month for

The Government recently suggested that the states should levy uniform 6 percent one-time road tax on sales price of cars,

With rise in property prices and interest rates, the government is considering raising the tax exemption limit on interest paid

Here is a piece of advice from one of the world’s wealthiest person. Warren Buffett, the billionaire chairman and CEO

The State Bank of India (SBI) announced that it would offer car loans for those who earn at least Rs.2.5

The Insurance Regulatory and Development Authority (IRDA) on 10th February 2012, proposed to initiate insurance transactions to be paperless, the

On Friday 10th February, the Parliamentary Standing Committee on Finance has recommended for hiking the exemption slab for personal income

The Reserve Bank of India (RBI) has finally agreed to banks’ demand to allow companies (third party) to setup ATM