The Centre has proposed exempting life and health insurance policies for individuals from GST, Bihar Deputy Chief Minister and convenor of insurance GoM Samrat Choudhary said on Wednesday. Currently, health and life insurance premium attracts 18 per cent GST.
The proposed 'Next Gen GST' with sweeping reforms, lower tax rates, and just two slabs, aims to boost the economy amid tariff threats and set the stage for a single tax rate regime by the time India becomes a developed nation, government sources said.
...surpassing farmer suicides (11,000) in number. There is a 4 per cent annual increase in student suicides, double the national suicide rate (2 per cent).
'However, we must implement a tit-for-tat approach -- reciprocating their conduct with precision.' 'If they demonstrate respect, we respond accordingly. If they adopt hostile positions, we mirror that hostility with equal intensity.'
The biggest risk for investors isn't the market, but their own minds, biases and emotions often lead to poor financial choices.
The Supreme Court has agreed to reexamine the case of a death row convict punished for raping and killing a minor in 2008, focusing on whether sentencing guidelines were properly followed.
The National Sports Governance Bill has become an Act after President Droupadi Murmu gave her assent to the landmark legislation that promises to revamp India's sports administration.
The life and non-life insurance industries are hopeful of a reduction in the goods and services tax (GST) on health and life insurance premiums, after Prime Minister Narendra Modi, in his speech on Friday, announced GST relaxations aimed at providing relief to ordinary citizens, farmers, the middle class, and the small and medium enterprises (MSME) sector.
Monday's protests in Nepal may become the forerunner to many more agitations in future since social media interests and national efforts to regulate them will often be in conflict, alerts Biswajit Dasgupta.
Shreyas merits Asia Cup spot based on IPL performance, reckons Aakash Chopra.
The apex court has reserved its judgement on draft AIFF constitution and a hearing is scheduled for Monday.
'It is good to have the H1-B visa option but if tomorrow things happen to change, it is not the end of the world situation.'
Leading automakers Maruti Suzuki, Hyundai, Mahindra, and Tata Motors saw a dip in dispatches to dealers in August amid dip in demand with many prospective buyers postponing their buys anticipating a reduction in vehicle prices on account of the new GST framework. The country's largest carmaker Maruti Suzuki India reported an 8 per cent year-on-year dip in dispatches of passenger vehicles in the domestic market last month.
Prajwal Revanna broke down in court as he appealed to the judge for a lesser punishment.
Hard-hitting opener Shafali Verma, who made a comeback to the national side recently, has revealed that she watched videos of Sachin Tendulkar's Test knocks to keep herself motivated when she was ignored by the selectors.
The Supreme Court has suggested that judges of the Jharkhand High Court take leave to write pending judgments, noting a significant backlog of cases where verdicts have not been pronounced.
'If a player who is not being selected after scoring so many runs in the IPL, then there is some other reason for his non-inclusion.'
The fully funded scholarship covers 100 per cent annual fees, including meal and accommodation charges.
Tokyo Olympics bronze-winning boxer Lovlina Borgohain's allegations of "disrespectful and gender-discriminatory behaviour" against national federation's executive director Col Arun Malik are being investigated.
India on Thursday said it expects the United States to consider visa applications of Indian students on merit amid growing concerns over the Trump administration halting new student visa interviews.
'So my question was, 'What is it that you are proud of? What have you achieved? What is your contribution?' 'He had no answer.'
As the National Sports Governance Bill is set to become a law, the country's national federations and Indian Olympic Association (IOA) President P T Usha on Tuesday welcomed the landmark policy, calling it a step in the right direction as India gears up to bid for the 2036 Olympics.
In what is being claimed as a first-of-its-kind order by a court in Kolkata, all four accused in the South Calcutta Law College rape case were remanded to police custody for an additional period of three days, 39 days after they were first arrested.
'We are a responsible nation, and would prefer to deal with sensitive issues with the maturity they deserve rather than take to social media.'
The factor fund launch spree by mutual funds (MFs) is moving from the passive to the active space. Two new fund offerings (NFOs) - ICICI Pru Active Momentum Fund and Bandhan Multi-Factor Fund - are currently open for subscription. Sundaram MF's multi-factor fund NFO closed this Wednesday.
'Earlier, we used to talk about a deficit economy. There is a deficit in democracy' 'If you read superficially Gandhi and Ambedkar and Nehru, some misconceptions and misunderstanding come to mind, as if they were at loggerheads and they differed radically in their views' 'India is one nation. There is only one citizenship. No citizenship for South India and no citizenship for North India and another for the Northeast'
The FIR, filed in December 2022 by M G Nagaraja, alleged that the 24-year-old Paris Olympian, along with his brother Chirag Sen, had fudged their age to get into playing age-group tournaments since 2010.
The Supreme Court dismissed Allahabad High Court judge Yashwant Varma's plea seeking invalidation of a report that found him guilty of misconduct in the cash discovery row.
Implementation of sports bill in 6 months, regulation of participation standard safeguard: Mandaviya
Salient features of the National Sports Governance Bill that promise to overhaul several aspects of sports governance and the grievance redressal system for athletes and administrators alike in the country.
Patel emphasised that one of the most important features of the bill is the establishment of a dedicated tribunal for resolving disputes, reducing the burden on the judiciary and ensuring quicker justice.
Solicitor General Tushar Mehta revealed a fake, verified X account created in the name of the 'Supreme Court of Karnataka' to highlight the dangers of unchecked online activity during a hearing on X Corp's petition challenging government takedown orders.
The Supreme Court on Friday refused to entertain a plea by HDFC Bank CEO and MD Sashidhar Jagdishan challenging an FIR of cheating and fraud registered against him on a complaint by the Lilavati Kirtilal Mehta Medical Trust, which runs the prominent Lilavati Hospital in Mumbai. A bench of Justices P S Narasimha and R Mahadevan noted that the matter was already listed for hearing on July 14 before the Bombay high court.
The Tamil Nadu government has urged the Supreme Court to dismiss the Presidential reference concerning the Governor's powers to assent to bills, arguing it is an 'appeal in disguise' to overturn settled law.
When shorts are based on perceived corporate mismanagement or malfeasance, as in cases like Enron and Satyam, they enable the financial system to work efficiently, points out Devangshu Datta.
Indian women's team has been relegated to the Nations Cup - a step down from the elite level they've been competing at. For Ireland, however, this is a breakthrough moment.
The Supreme Court has directed the Indian Air Force not to release Wing Commander Nikita Pandey from service. Pandey, who participated in Operation Balakot and Operation Sindoor, was denied a permanent commission despite being an expert fighter controller. The court raised concerns about the uncertainty faced by Short Service Commission (SSC) officers who are denied permanent commissions after years of service. The court emphasized the need for a system to accommodate all suitable SSC officers in permanent commissions, highlighting the excellent performance of women officers. The court has ordered the IAF to consider Pandey's case in a second selection board and has postponed the hearing to August 6.
Praising the Indian batters, Kotak highlighted that apart from X-factor players like Rishabh Pant, they have batted responsibly yet managed to score four runs per over.
The Delhi high court on Friday stayed a Rs 1,140 crore angel tax demand raised by the Income Tax department from hospitality and hotel aggregator Oyo's parent company Oravel Stays Private Limited for the assessment year 2020-21. The tax demand was issued under Section 56(2) (viib) of the Income Tax Act, commonly known as the "angel tax" provision, which applies when unlisted companies issue shares at a value exceeding their "fair" market price.
The Election Commission of India (ECI) asserts that major political parties participated in the Special Intensive Revision (SIR) of electoral rolls, deploying booth level agents despite opposing the exercise in the Supreme Court. The ECI defends its authority to conduct the revision to maintain the integrity of elections.
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