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On Thursday Muthoot Finance, country’s prominent gold loan company declared interim dividend of Rs.22 per sahre of face value of Rs.10 making it 220% of the face value of share. The total dividend outflow would be Rs. 883.19 crores. The company has fixed 18th April 2023 as the date of interim dividend. Muthoot Finance in […]
Muthoot Finance declares Rs.22 as interim dividend Read More »
On April 1, IRDAI introduced new rules that could increase insurance penetration in the country. Let us look at the new rules in the article. India is an under insured country wherein insurance penetration was 4.2% in FY21. With new rules IRDAI has removed cap on commission for insurance – life insurance, general insurance and
Can new IRDAI rules increase insurance penetration in India? Read More »
Indian Premier League (IPL) was launched in the year 2008. The league has managed to grab fans not only in India but also world in a short period of time. According to Brand Finance, a brand valuation company, Indian Premier League IPL brand value was $10.9 Billion in December 2022. The report stated that IPL
Trading and Demat Account Nominee Updation The earlier deadline for appointing a nominee for trading and demat account was 31st March 2023. The eligible account holder had to either add a nominee or had to opt out by the deadline. However SEBI in a circular dated 27th March 2023 extended the deadline to 30th September
Demat Nominee Update, PAN-Aadhar Link, MF Nominee Update deadlines extended. Read More »
The 2023 union budget which was presented by Minister of Finance Nirmala Sitharaman proposed several changes from rebate limit to new income tax slabs. In this article let’s dig deep into the proposed income tax changes that would be effective from 1st April 2023. Tax Rebate The limit for tax rebate has been increased to
Starting from April 1, here are 6 important Income Tax changes you need to know Read More »
The Vedanta board had approved the proposal on Tuesday to declare fifth interim dividend of Rs.20.50. The company has fixed 7 April 2023 as the dividend record date. The total cash outgo would be Rs.7621 crore. Along with latest March dividend, The Anil Agarwal led company this year has paid along Rs.37,733 crores, Vedanta’s highest
Vedanta declares fifth interim dividend of Rs.20.50 Read More »
