The scheme will have a minimum 65% allocation in equity and equity-related instruments of small cap companies and a maximum of 35% in other than small cap companies, debt and money market instruments.
Under this policy, customers can now cover not just their families but also their friends under one policy number.
Over the last six to eight months, the two dominant players have also started passing on restaurant packing charges and certain taxes to consumers and cut down on losses per order.
Indian mkts have declined in 1st month of outbreak of the major epidemics globally.
The board of trustees of Franklin Templeton MF has approved the creation of segregated portfolios in six schemes -- Franklin India Low Duration Fund, Franklin India Dynamic Accrual Fund, Franklin India Credit Risk Fund, Franklin India Short Term Income Plan, Franklin India Ultra Short Bond Fund and Franklin India Income Opportunities Fund.
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.
"Tourism Ministry will fund the travel expenses of tourists who visit 15 destinations in the country in a year and submit the photos to our website," Union Minister Prahlad Singh Patel said.
Here's a weekly tracker of returns that will keep you updated on how the stock market index, gold prices and 10-year bond yields have performed. This will give investors an idea of how their investments performed over a long period.
To encourage small tax payers to invest in the stock market, the government may consider increasing the limit of Rs 1 lakh for taxing the long-term capital gains from transfer of such equity shares and units of equity-oriented funds.
Any cut in income tax rates will be seen as a boost for discretionary companies.
It will be a mistake to reduce tax rates when the tax revenue is below the target and the fiscal deficit is high.
In the latest TDS circular on salaries issued by the Central Board of Direct Taxes (CBDT), Aadhaar has been added to the rules after the government amended the law to mandate that those without PAN can quote their Aadhaar.
The government should also consider increasing the income criteria under PMAY scheme to Rs 18 and 25 lakh from the current Rs 12 and 18 lakh in the MIG I and ll categories, respectively. The chamber called for additional tax benefits to home buyers to boost demand.