Life insurers to approach FinMin seeking clarity on Budget tax announcement
After the Union Budget for 2023-24 proved to be a dampener for the life insurance industry, sector players are now Read more
Investment
Advantage Mutual Funds after tax blow on MLDs, insurance
The Rs 40-trillion mutual fund (MF) industry is expected to benefit from stripping tax advantages off high-ticket insurance products and market-linked debentures Read more
IRDAI relaxes PE investment, solvency norms
The board of the Insurance Regulatory and Development Authority of India (IRDAI) approved a host of proposals, involving private equity Read more
IRDAI flags reforms for investment, expenses
IRDAI has backed its growth push by flagging off reforms in the areas of investment, distribution and management expenses for Read more
IRDAI working group suggests relaxing investment norms for insurers
A panel formed to suggest overhaul of the general insurance industry has recommended that insurers relax investment rules, such as Read more
IRDA increases investment limit in BFSI sector
The Insurance Regulatory and Development Authority of India (IRDAI) has increased the investment limit by insurance companies to invest in Read more
IRDAI red-flags LIC investment in IFSC
Life Insurance Corp. of India’s (LIC’s) bid to buy 15% in India International Exchange (IFSC) Ltd (India INX), a stock Read more
LIC investment income grows by a robust 16.66% in FY21
LIC recorded a robust 16.66 per cent increase in income from investments (including capital gains) in financial year 2020-21 at Read more
HDFC ERGO to cover political risks of firms operating abroad
Company has launched a political risk insurance policy, whereby companies operating internationally will be protected against arbitrary government actions and Read more
List of Investment Options under Section 80 Cand How You Can Use Them
Most people start thinking about tax savings during the last quarter of the financial year. Section 80C of the Income Read more
