panch-tattva talk…govt act right

Friends, The govt has acted rightly one more time. What did not come in interim budget has been given now. Pranab announced in parliament that the duty will be cut by 2pc on items attractin more than 8pc duty and has given rekief to bulk cement by reducing the duty to 8pc . He has … Continue reading →

panch-tattva talk…LIC investments

Friends, LIC of India has investment in equities to the tune of Rs 1.09 lac crs.Its stake in as many as 47 companies is more than 10pc of the paid up capital.As per IRDA rules LIC is not supposed to 10pc limit in one company. The norm has been relaxed for the time being but … Continue reading →