Aviva’s India officials approved brokerage model queried by taxmen, ETCFO

An Aviva business model that Indian tax officials say was used to pay agents unlawful commissions from 2017 to 2023 was rolled out internally in 2013 and approved in writing by top India executives, a confidential company document shows. Tax inspectors accuse the British insurer of engaging in a clandestine scheme involving hundreds of individuals […]

MahaRERA update: 5 things homebuyers should know about brokerage fee payable to real estate agents

The Maharashtra Real Estate Regulatory Authority (MahaRERA) on October 22 issued an order stating that a clause be included in the agreement for sale signed between homebuyers and developers mentioning the amount (including tax) to be paid as fees, commission, brokerage, to the agent by the developer, buyer or both as the case may be. […]

Revolutionizing Investment Opportunity for Investors HDFC SKY Launches Zero Brokerage Option for Exchange Traded Fund (ETF) Investments

  Mumbai, Maharashtra, India:  HDFC SKY, a leading discount brokerage platform, announced that it has slashed the brokerage on purchase of ETFs through the platform to Zero. The initiative is expected to enhance retail investment opportunities for both new and existing clients of HDFC SKY. This forward-thinking approach aims to empower […]