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An endowment policy is a form of life insurance coverage that combines the benefit of life insurance and savings under a single policy. It not only provides the benefits of sum assured to the insured upon death but also gives a corpus upon the expiry of the term.

ISLAMABAD: The Ministry of textiles has so far paid Rs 44.5 billion to the local textile industry under Prime Minister’s Exports Enhancement Package since July 2017, with an objective to help boost exports from the country, senior official in the ministry told APP here on Thursday.

A set of micro and macro proposals to enable stakeholders to breathe easy.

The Indian rupee has recovered marginally from the lower level but trading lower by 8 paise at 69.23 per dollar versus previous close 69.15.

The goods and service tax (GST) authorities will soon draw up a list of taxpayers with ‘risk scores’ that will decide the level of audit scrutiny they face. 

The Reserve Bank of India (RBI) and the Government has taken several steps time to time to ensure credit flow to the Micro, Small and Medium Enterprise (MSME) sector, informed Union Minister of Finance Nirmala Sitharaman.

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