@Value_Ethics This government dont have any policy and understanding of economy. Instead of widening the tax base, they are enhancing rates of existing taxes. Chidambaram was smart enough to widen the base by introducing new taxes whilst reducing the burden on single source.
@WhatsUPPrahalad@PunamInvestment@Investor_Ankur How can you give credit of actuarial liab in PL? It has become part of balance sheet. And if you take it other way round then the benefits paid is coming from that reserve only na? aren't you double couting?
@WhatsUPPrahalad@PunamInvestment@Investor_Ankur As per my understanding these investments are backed by policy holders premium money I.e. for the benefits of insured. Shareholders doesnot own them.