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tax impact

Tax Impact

Updated : Mar 3, 2013

Budget 2013: Bank KYC will make buying insurance simpler

Finance Minister P Chidambaram also announced that insurance companies would be allowed to open branches in Tier-II and below cities without the prior approval of the Insurance Regulatory and Development Authority of India.

Updated : Feb 28, 2013

RGESS to cover those earning up to Rs 12 lakh

Finance Minister P Chidambaram has proposed to extend the tax benefit under the Rajiv Gandhi Equity Savings Scheme (RGESS) to individuals earning up to Rs 12 lakh a year.