New Delhi: On Monday, the Ministry of Finance invited actuarial firms to submit offers to arrive at the implied value of Life Insurance Corporation (LIC) before the sale of their stake. The government plans to sell a minority stake in the insurance giant and list it on the exchanges. It …
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The Karnataka High Court ruled on Saturday in the case involving the closure of six Franklin Templeton Mutual Fund debt schemes. The plans were frozen on April 23, an action that was suspended by the Gujarat High Court on June 3. The Supreme Court transferred the Gujarat case along with …
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[ad_1] The government has reduced the EPF legal contribution from private sector employers and employees from 12% to the current mandatory 10% for the next 3 months. However, for government PSUs it will remain 12%, but PSU employees can pay 10%. This was one of the measures announced by Finance …
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