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Budget 2023: Expectations from Insurance Sector

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  Budget 2023: Along with all the expenses, the insurance premiums are also increasing. In this context, the common people are hoping to give some incentives on insurance schemes in the upcoming budget. Insurance related expenses have become crucial in the family budget of individual taxpayers. In the background of high inflation and rising medical expenses, the common man is expecting insurance-related relief from the new budget (Budget 2023) to be presented by Nirmala Sitharaman on February 1. The insurance industry also wants to provide benefits to the common man. It is said that as a result the industry will grow and insurance schemes will be available to all. Section 80D limit increase: At present, persons below the age of 60 can claim tax exemption on health insurance premiums paid for themselves, their spouse, dependent children or parents under Section 80D of the Income Tax Act, 1961. A tax deduction can be availed on premium payments of Rs.25,000 per financial year...
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India's Sun Pharma to acquire U.S.-based Concert Pharmaceuticals Inc. for $576 million

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  Sun Pharmaceutical said it will acquire U.S.-based Concert Pharmaceuticals for an upfront payment of $8 per share of common stock in cash, or $576 million in equity value to gain access to an experimental drug for treating patchy baldness. “Sun Pharma is building a global dermatology and ophthalmology franchise and aims to be a preferred development and commercial partner in these therapies worldwide,” said Abhay Gandhi, CEO North America, Sun Pharma. “The acquisition of Concert adds a late-stage, potential best-in-class treatment for Alopecia Areata [patchy baldness) in deuruxolitinib [medication],” he added. Concert’s lead candidate, deuruxolitinib, is being evaluated as a treatment for autoimmune condition alopecia areata, which results in patchy hair loss. Concert stockholders will also receive a non-tradeable contingent value right (CVR), entitling holders to receive up to an additional $3.50 per share of common stock in cash, payable upon deuruxolitinib achieving...
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Hurry Up ! 1 Crore in 25 years through this Plan ,Loan facility also available..

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  The Public Provident Fund is one of the safest long-term investments. This is a sovereign guaranteed investment. Usually has a higher interest rate than a fixed deposit (FD). PPF schemes have many benefits for the common man. A PPF account can be opened with a minimum amount of Rs.500. Up to Rs 1.5 lakh can be invested in a PPF account in a financial year. Salaride, small traders, big traders, self-employed, gig workers, freelancers .. Anyone who does any kind of job like this can get a safe investment and good returns by investing in PPF. The total amount in the PPF account reaches a large amount in the long term. Even those who do not have EPF can plan on it. How does Rs 1 crore come about? You can also get up to Rs 1 crore in the long term by investing in PPF. There are also tax benefits. Currently the PPF interest rate is 7.1%. The government revises interest rates on a quarterly basis. By investing Rs 1.5 lakh per annum, it is possible to raise up to Rs 40 lakh over a perio...
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IPOs 2021 : 63 IPOs raised records 1.18 lakh crore in 2021 and Rs 26,613 crore last year..

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IPOs 2021 This year's public issues (IPOs) set a record. Raised funds like never before. So far, 63 companies have entered the market, raising Rs 1,18,704 crore. This is four and a half times more than the Rs 26,613 crore raised by companies through 15 issues in 2020. Earlier, Prime Data Base Group had said that the IPOs raised in 2017 were Rs 68,827 crore. Investor interest .. With huge profits coming in on the day of listing‌, the majority applied. That is why this year's IPOs have been lined up. In total, the total amount of funds raised this year in the form of public-equity has exceeded Rs 2 lakh crore. Of this, 51% (Rs 1,03,621 crore) was fresh capital mobilization and the remaining Rs 98,388 crore was raised through offer for sale (OFS). The total recorded in 2020 is Rs 1,76,914 crore. Paytm.. One97 Communications (Paytm) is the largest in the IPO so far this year. It has raised Rs 18,300 crore. Zomoto,which is next in line, attracted Rs 9,300 crore. The average ...
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