Donated vehicle tax deduction

Top celebrities like Madonna and Leonardo DiCaprio have raised concern about Amazon fires.A massive fire has been blazing through the Amazon rainforests in Brazil for days, causing immense loss of rich flora and fauna that abound the region. Not just that, the skyline in cities in and around the forests have been engulfed in smoke due to consequent air pollution. Several environmentalists and researchers have pointed their fingers at cattle ranchers and woodcutters for starting the fire while the government had blamed NGOs for the inferno.The fires have stirred people across the world, who have since been clamouring for donations from big corporates to douse the flames and restore the delicate ecological balance of the forest. Several A-list celebrities are among those who have been talking about ways to prevent and stop the potential global catastrophe that can spell doom for way too many people.Close Some of these superstars have even sought accountability from the country’s … [Read more...] about Amazon fires: Top celebrities like Madonna, Leonardo DiCaprio speak out

Viswanath PillaMoneycontrol News Habil Khorakiwala, chairman of Wockhardt on Thursday welcomed the Union Budget 2018 and its emphasis on healthcare spending.Khorakiwala who heads the Rs 4,000-crore turnover Mumbai-based company which is into pharmaceutical and hospitals, however, expressed  apprehension over the government's track record of implementation.Close In an exclusive telephonic interview to Moneycontrol, Khorakiwala gave 6.5 points out of 10 to the Budget, said chronic shortage of medicines, lack of infrastructure and skilled manpower could pose challenge in rolling out the ambitious National Health Protection Scheme (NHPS) that aims to provide Rs 5 lakh health insurance to 10 crore poor families. related news 373 infra projects show cost overruns of Rs 3.89 lakh cr Zomato looks to become profitable by end-2020 Five of top-10 most valued firms add Rs 56,877 cr in m-cap Below are edited excerpts of the interviewWhat is your overall view on the … [Read more...] about Habil Khorakiwala welcomes govt health proposals, but cautions against brouhaha

This is the age where most people complete their education and start on their first job. The may get married in their mid or late 20s. Let us analyse the typical insurance needs of such a group of people.Life InsuranceThe first thing to determine is whether or not anyone is dependent on your income. If there is absolutely no one in your life that you are responsible for, except yourself, then you may skip purchasing any life insurance. However, if you support anyone in either a small or large measure, please take an appropriate amount of term insurance.A term insurance is a simple insurance policy that pays a nominee (your dependent) a lump sum amount of money (called sum assured) on your death. If you are a healthy person, term insurance should not cost you much. It is available online and easy to buy. You may have to undergo medical tests. Smokers will have to disclose their habit and may have to end up paying a higher premium for the term insurance.Close An … [Read more...] about Viewpoint | A quick and simple guide to insurance for people in their 20s

The Union Budget failed to lift pharma stocks despite government announcing some big initiatives to expand healthcare access. The pharma stocks melted this past week in line with the overall negative sentiments prevailed in the stock market.Most pharma companies were expecting some cut in corporate tax which did come through and and the 10 percent long term capital gains tax came as a dampener for investors.However hospital stocks with exception of Fortis Healthcare bucked the trend as the ambitious National Health Protection Scheme (NHPS) that aims to cover 10 crore poor families with Rs 5 lakh health insurance is seen as positive for such companies.Close The BSE Healthcare dropped 6.51 percent in the past week, the benchmark declined 2.88 percent. related news 373 infra projects show cost overruns of Rs 3.89 lakh cr Zomato looks to become profitable by end-2020 Five of top-10 most valued firms add Rs 56,877 cr in m-cap All the big pharma stocks have seen declines including … [Read more...] about Pharma weekly wrap: Pharma stocks melt this past week despite big healthcare initiatives

Lupin on Tuesday posted 65 percent decline in net profit to Rs 221.7 crore in the third quarter ended December, much below analyst expectations due to slide in US generics business and forex losses.Lupin posted Rs 455 crore net profit in the same period of previous year. The company's revenues dropped 11.3 percent on year-on-year (YoY) basis Rs 3975.7 crore in the third quarter.The foreign exchange loss stood at Rs. 82.1 crore and the company also took a one-time charge of 36 crore related to changes in tax rate in US from 35 percent to 21 percent.Close Lupin has brought down the R&D expenses by 17 percent to Rs 476 crore on YoY basis. related news 373 infra projects show cost overruns of Rs 3.89 lakh cr Zomato looks to become profitable by end-2020 Five of top-10 most valued firms add Rs 56,877 cr in m-cap The company's EBITDA margin stood at 18.4 percent in the December quarter, below company’s projected target of 21 percent in FY18.The results … [Read more...] about Lupin net profit drops 65% on sliding US biz and forex loss