Revive lapsed LIC policy till March 24, 2023: Know how to check your premium due via WhatsApp [ad_1] An initiative to assist policyholders in reviving expired insurance policies, the Life Insurance Corporation of India (LIC) LIC has undertaken ’Special Revival Campaign’. This campaign, which will run from February 1 to March 24, 2023, is open to policies that have expired ...

1 crore in Rs 5-7 lakh income range set to gain from new tax regime [ad_1] (This story originally appeared in on Feb 03, 2023) NEW DELHI: Close to one crore individuals in the Rs 5-7 lakh income range stand to gain from the government’s decision to increase the rebate level to Rs 7 lakh under the new tax regime, ...

Rupee gains 12 paise to 82.08 against US dollar on easing crude oil prices The rupee gained 12 paise to 82.08 against the US dollar in early trade on Friday supported by easing crude oil prices and a positive trend in domestic equities. Forex traders said significant foreign fund outflows and dollar demand from importers ...

Rupee poised for muted opening on dollar recovery, equity outflows By Nimesh Vora MUMBAI (Reuters) – The Indian rupee is likely to open little changed to the U.S. currency on Friday in the wake of the dollar’s recovery and worries over equity outflows. The non-deliverable forwards indicated an opening of around 82.12-82.20 for the ...

SBI gave loans worth $2.6 billion to Adani group companies, says report State Bank of India, the country’s largest financier, has given loans of as much as $2.6 billion to companies in the Adani conglomerate, or about half of what is allowed under rules, according to a person familiar with the matter. SBI’s exposure includes ...

Aditya Birla Capital’s Q3 net up 27% YoY as retail, SME lending grows Aditya Birla Capital (ABCL) on Thursday said its consolidated net profit increased 27 per cent on a year-on-year (YoY) basis to Rs 530 crore for the quarter ended December 2022 (Q3 FY23). The financial services company, which has lending, mutual fund, life ...

Rupee closes at 82.20 against US dollar amid foreign fund outflows The rupee fell 40 paise to close below the 82 per US dollar mark on Thursday, weighed down by foreign fund outflows and corporate dollar demand. At the interbank foreign exchange market, the rupee opened at 81.81 against the greenback, and touched an intra-day ...

Euro hits 10-month-high on dollar as central banks chart divergent courses By Rae Wee and Alun John SINGAPORE/LONDON (Reuters) – The euro sat at a 10-month high against the dollar on Thursday, ahead of a European Central Bank meeting at which markets expect a half-percentage point rate increase, a day after the U.S. Federal Reserve ...

How much tax you will save in revised new income tax regime at different income levels| EconomicTimes [ad_1] Rebate under new tax regime The revised new income tax regime offers rebate under section 87A for taxable income up to Rs 7 lakh. Thus, individuals with income not exceeding Rs 7 lakh and opting for revised new income tax regime will ...

Budget effect: About 15% premium impact on some private life insurers Finance Minister Nirmala Sitharaman’s Budget proposals have dealt double whammy for the life insurers and it would affect the topline growth of some private players, said Emkay Global Financial Services. In a research report, Emkay Global’s insurance sector analysts Avinash Singh and Mahek Shah ...