LIC New Business Premium Up 35 Per Cent To Rs 19,309 Crore In August | Economy News

Mumbai: Life Insurance Corporation (LIC) of India saw a 35.1 per cent surge in its new business premium for the month of August to Rs 19,309.10 crore, from Rs 14,292.53 crore in the same month last year, showed data by the Life Insurance Council on Monday.  The LIC’s new business premium collection for the first […]

ABHISEK RAJPUT

September 9, 2024

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Budget 2024: FM Nirmala Sitharaman Announces Immediate Hike in Short and Long Term Capital Gains Tax Rates | Markets News

Budget 2024: In what may come as somewhat of a dampener for stock market investors, Finance Minister Nirmala Sitharaman as part of her Budget speech on Tuesday announced an increase in both long-term and short-term capital gains tax. As per definition, any profit or gain that arises from the sale of a ‘capital asset’ is a […]

ABHISEK RAJPUT

July 23, 2024

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Economic Survey 2024: India’s Financial Sector Outlook Appears Bright, But Needs To Brace For Vulnerabilities | Economy News

New Delhi: The outlook for India’s financial sector appears bright, but it needs to brace for likely vulnerabilities, said Economic Survey 2023-24 tabled in Parliament on Monday. The Indian financial sector is at a “turnpike moment”, it said, adding that the dominance of banking support to credit is being reduced, and the role of capital […]

ABHISEK RAJPUT

July 22, 2024

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