Thiruvananthapuram, April 13: Kerala Chief Minister, Shri Pinarayi Vijayan today demanded the inclusion of State Relief Funds to be made eligible for Corporate Social Responsibility (CSR) funding by making changes to the Companies Act.
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Muthoot Finance to acquire IDBI Mutual Fund
Mumbai: Kochi based Muthoot Finance Limited, a leading gold loan NBFC in the country, has entered into a definitive agreement to acquire IDBI Asset Management Limited and IDBI MF Trustee Company Limited paving way for Muthoot Finance’s entry into Mutual Fund Asset Management space. The transaction is expected to be completed by end of February 2020 subject to receipt of necessary regulatory approvals. Upon closing, both IDBI AMC and IDBI MF Trustee Company will become wholly-owned subsidiary companies of MFIN.
Read MoreUnion Budget 2019-20 Highlights: Direct & Indirect Tax proposals
Direct & Indirect Tax proposals in the Union Budget for 2019-20 presented by the Finance Minister, Mrs Nirmala Sitharaman in Lok Sabha today. Direct Tax proposals: 1. Direct tax revenue has increased by over 78% from INR 6.38 lakh crores in FY 2013-14 to INR 11.37 lakh crores in FY 2018-19 2. Growing at double-digit rates every year
Read MoreUnion Budget 2019-20 Highlights: General Comments & Proposals
General Comments and Proposals from the Union Budget for 2019-20 presented by the Finance Minister, Mrs Nirmala Sitharaman in Lok Sabha today. 1. Stringent Commitment to Fiscal Discipline 2. Number of patents has tripled in the last 5 years 3. The economy reached $2.7 trillion in the last 5 years
Read MoreHighlights of Interim Budget 2019
Interim Finance Minister, Shri Piyush Goyal today presented the sixth and the last Union Budget of the present Government, in the absence of the Finance Minister, Shri Arun Jaitley. This is just an interim budget before the presentation of the full budget for the year which will be presented by the new Government post the elections.
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