ULIP, equity-linked MF dividends to be taxed under DTC Investment in equity-linked mutual fund schemes and ULIPs will now be less profitable for investors, with the government proposing to levy a 5 per cent tax on the dividend paid by these enti ..
Parliament passes MPs' salary hike bill Parliament on Tuesday passed the much talked about bill to hike salaries of MPs by over three times from Rs 16,000 to Rs 50,000 and doubling two of their key allowances to Rs 40,000 each with the Rajya ..
Decision taken on including caste in census: Pranab Bowing to demands by several political parties, govt has said it has decided to include caste in census and the formality of endorsing it is expected at the next Cabinet meeting. Finance Minis ..
RS approves bill enabling NRIs to vote Non-Resident Indians can hope to cast votes in their home country as the Rajya Sabha on Monday passed a bill to provide them voting rights. "We are not doing them any charity," Law Minister M Vee ..
SBI Life launches two new ULIPs products Private insurer SBI Life on Tuesday launched two Unit-Linked Life Insurance Policies (ULIPs), which comply with the new IRDA guidelines that will become effective from Wednesday. "SBI Life has launc ..
Justice Jagdish Bhalla of Rajasthan High Court has been named once again in curruption. The Rajasthan High Court Bar has lavelled curruption charges against Shri Bhalla in Appointment of Direct recruitment of ADJs in rajasthan. Varrious Bar associat ..
DTC implementation delayed The government will lose over Rs 53,000 crore in tax revenue on account of the increase in exemption limits and tweaking of slabs in the Direct Taxes Code Bill, which will come into effect from 1st April, 2012, a year ..
Free distribution of food grains an order, not suggestion: SC Supreme Court has asserted that it had ordered free distribution of foodgrains to the poor instead of allowing them to rot in godowns and it was not a suggestion as made out by him. ..
India and Switzerland Sign Double Taxation Avoidance Agreement A protocol amending the existing Double Taxation Avoidance Agreement was signed here today between Republic of India and Swiss Federal Council. The Signing ceremony was held at the M ..
Fresh Bill on Enemy Property in Parl: PC Against the backdrop of sharp political divide, government on Monday said it will bring a "fresh bill" to amend a law governing properties left behind by those who went to Pakistan during partit ..
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