You will be much better off buying the required plans directly from life and general insurers, experts tell Chirag Madia
The onus of the tax dues of Rs 22,100 crore on Vodafone India's British parent could also fall on the merged entity.
The reward could vary between 1% and 5% of the total tax paid.
2,138 firms deposited unaccounted Rs 5,000 cr in zero-balance accounts during the note ban
This is the new addition to the tax data, which had identified over 600,000 people for scrutiny over huge inconsistencies in the cash deposits
The good news is investors can make 5 to 6 switches during a year among funds depending on the insurance companies without incurring any costs.
If an employee bond is used to ensure that the employee never leaves, then it is illegal.
In the 25-page defence evidence affidavit, which was served to the UK Crown Prosecution Service, Mallya is learnt to have alleged that his was a case of "political vendetta" and "loss-making business".
Batting for greater transparency, a Sebi panel said sound corporate governance helped companies generate "significantly greater returns".
The move follows poor results in detecting undisclosed foreign assets and delay in concluding pending matters under the Black Money Act, which came into effect in 2015. According to the official data, only 52 cases have been identified so far. Of these, nine are from Mumbai alone.
'If anybody defaults on something which is due for today, they have to disclose it tomorrow.' 'The accumulation of NPAs is due to asymmetry in information.' 'The investor should have real-time information.'
'We saw people tripping over each other, running, screaming.' 'You could see people running with their daily briefcase despite suffering deep cuts and blood pouring from them.'
It will launch jurisdiction-free assessment from October
This is the first big move in the investigation of the British Virgin Islands list where the I-T department has found a significant amount of tax evasion.
Linking all accounts is a difficult and costly task for brokers
Legal experts fear such shareholder activism could turn into a class-action suit against Infosys
After initiating stern action against 331 companies, the market regulator seems willing to revoke its stringent restrictions for some entities.
I-T officials say many lawyers, CAs, consultants, designers have not filed their TDS
DRs have shares as an underlying asset and are typically issued by a bank, known as the depository bank, on behalf of a company.
Section 276CC provides for prosecution and makes tax evasion punishable with rigorous imprisonment of three months to seven years along with a monetary penalty depending on the amount dodged.
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