NEW DELHI: The initial public offering (IPO) of state-run insurance behemoth LIC, the country’s largest-ever, is likely to open on May 4. The hope is to raise Rs 21,000 crore by diluting a 3.5% stake, sources said on Monday. The most awaited issue may open for anchor investors on May […]
Partial withdrawals are allowed before maturity, but after the 6th financial year from account opening. It can be done under certain circumstances. For the salaried class in India, the public provident fund (PPF) savings is their biggest security which they can fall back upon when they are no more in […]
Even as the prices of key commodities in India are already facing upward pressures, the GST Council is now reported to have sought the views of states for increasing rates on 143 items. The products on which GST rates might be increased include handbags, perfumes/deodorants, chocolates, chewing gums, apparel & […]
