Budget: Life insurance industry expects govt to make annuities tax free, widen section 80C
The tax burden on the individual is too high when considering an essential product like life insurance and reduces their ability to have the right coverage.
Eyeing leadership position in electric vehicle segment: Tata Motors
"As far as Tata Motors is concerned, we want to establish ourselves as le...
MG Motor India eyes increasing production of SUV Hector by up to 30%
MG Motor India plans to increase production of its SUV Hector by around ...
Force Motors plans Rs 600-cr capex to develop 2 new models
The BSVI-compliant vehicle will also be available in electric and CNG versions and has been developed over the past four years at an investment of Rs 1,000 crore. The company is building an entirely new bodyshop with robotic and laser-welding facilities with an installed capacity of 35,000 units for T1N, which will be an 18-seater van that boasts of 25 industry-first features.
PhonePe in insurance with Bajaj Allianz
The digital payments player said on Thursday that more such partnerships with a range of financial companies may be in the offing in the coming months in order to further diversify its service catalogue.
Non-life insurers can offer standard health policies before April 1
In a circular dated April January 24, 2020, the Insurance Regulatory and Development Authority of India (IRDAI) said insurers can offer the 'Arogya Sanjeevani Policy' - the standard health insurance policy before April 1, 2020.
Hike in tax sop for health insurance premium sought in Budget 2020
With the rise in healthcare costs, the tax exemption limits can be further increased by 20% for self and dependent parents each. This will provide a huge relief in terms of disposable income and help increase the penetration of health insurance.
This Budget, can we get India’s massive pension and insurance players to invest into VC funds
From a “pure” taxation standpoint, the ecosystem wishes for lowering of the GST rates for Fund managers for management fees charged to AIFs.
Anand Mahindra, Venu Srinivasan to be honoured with Padma Bhushan; Naukri.com founder to get Padma Shri
The President has approved conferment of 141 Padma Awards, this year.
Chinese decimation of Indian phonemakers is complete. Automakers next?
Chinese firms created massive ripples at a time when US giants like Amazon and FB/WhatsApp face political heat.
Want to Budget-proof investment? Go for insurance stocks: Sudip Bandyopadhyay, Inditrade Capital
Govt needs to figure out sources of revenue or allow a higher fiscal deficit.
Economic slowdown to hit insurance premium collections: Moody's
Despite low penetration, the ongoing economic slowdown will impact insurance premium collections over the next two to three years, global ratings agency Moody's Investors Service said.
‘India offers exciting blueprint for other emerging markets’
Tilman Ehrbeck, managing partner, Flourish, spoke about the India opportunity, how the market offers a blueprint for other emerging markets, and the broad themes which interest him here.
Insurance frauds: How data analytics and rigorous checks are trying to eliminate bogus claims
Bogus claims are as old as the industry itself. Despite insurers’ best efforts, fraudsters have been mostly ahead of them. But with the rise in data analytics and rigorous checks, the industry at last appears to be close to eliminating such malpractices.
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