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Is Health Insurance Tax Relief Coming?

Full exemption for all health insurance premiums and reinsurance or a reduction in the GST rate from 18% to 5% on health insurance services is likely. Illustration: Uttam Ghosh/Rediff.com  ......

We Haven't Seen This In 39 Years!

Dr T V Somanathan is the first finance secretary to be appointed Cabinet secretary since 1985.His appointment at this juncture seems to carry much meaning for the forthcoming trajectory of reforms......

Tension in Maha city over remark against Prophet

Tension prevailed in part of Chhatrapati Sambhajinagar city in Maharashtra on Friday after a group of Muslims gathered in front of a police station and demanded action against a Hindu religious......

'Petty mindset': Rahul's I-Day celebrations seating triggers row

The Congress on Thursday said that making Leader of Opposition in the Lok Sabha Rahul Gandhi "sit in the fifth row" at the Independence Day celebrations at the Red Fort shows Prime Minister......

Parl's stormy monsoon session ends; productivity of LS 136%, RS 118%

A tumultuous Monsoon session of Parliament, which saw the approval of the Union Budget and also a spat between Rajya Sabha Chairman Jagdeep Dhankhar and Samajwadi Party member Jaya Bachchan,......

28% GST on online gaming spiked revenue by 412%: Sitharaman

Finance Minister Nirmala Sitharaman on Monday said that GST collection from online gaming has increased 412 per cent in six months from October 1, 2023, when 28 per cent tax was levied on these......

Fema tweaks on the cards to allow FPIs to seamlessly access FDI route

The government is planning to introduce legislative changes to the Foreign Exchange Management Act (Fema) regulations, with a focus on easing the pathway for inflows from a foreign portfolio......

Pvt insurers ceded ground in rural areas in FY24; Tier-II,-III saw growth

The share of life insurance policies sold by top private insurers in the rural areas declined in the financial year 2023-24 (FY24) compared to previous year. Illustration: Dominic......

What Nirmalaji told India's taxmen

Finance Minister Nirmala Sitharaman on Wednesday asked tax officers to use simple language in income tax communications so that notices do not instil fear in the minds of taxpayers. Photograph:......

Sitharaman urges banks to boost deposits

Finance Minister Nirmala Sitharman on Monday held a performance review meeting with heads of public sector banks and asked them to make concerted efforts to garner deposits. Photograph: Shrikant......

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