Insurance companies are seeking a separate deduction limit of Rs 1 lakh for insurance premium payment under Section 80C of the Income Tax Act in the upcoming Union Budget to bring in more people under the ambit of insurance. The insurers also want reduction in the goods and services tax (GST) rate of 18 per cent currently applied on health insurance products to 5 per cent to make such products more affordable to common people. Finance Minister Nirmala Sitharaman will present the Union Budget for 2022-23 on February 1.
Crowds at Rajpath and all across the nation were wowed by the various contingents that marched down Rajpath during the Republic Day parade. Take a look!
The actor is just perfect as a bride on the cover of Femina Wedding Times.
Patel has never held a ministerial post, just like Prime Minister Narendra Modi, who was never a minister when he became Gujarat CM 20 years ago.
The actor is too cool to handle in a rosette duchess satin dress.
Kamala succeeded as she identified herself with the larger minority groups rather than narrow ethnicity, prodded by her mother who did not want to return to India, observes Ambassador T P Sreenivasan, who has done multiple stints in India's embassy in Washington, DC.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
The levy of retrospective tax on the UK's Cairn Energy Plc is a tale of bizarre twists and turns that saw its attached shares being sold in May 2018 amid the passing of the baton from a full-time finance minister to interim one and the talks at the highest level to resolve the dispute, to claims that levy of back taxes was a result of an investigation into Panama Papers leak. The government late last month refunded about Rs 7,900 crore it had collected from selling residual shares of the British firm in its erstwhile India unit, seizing dividend and withholding tax refunds, to settle an eight-year-old dispute that had tarred the country's reputation as an investment destination. But, this did not come about easily. For seven years, the establishment vehemently justified in courts and outside seeking of Rs 10,247 crore in back taxes plus interest and penalty from a firm that gave India its biggest onshore oil discovery.
Over 2,471 people joined Anil Kapoor to create a new Guinness World Record by holding the abdominal plank position for 60 seconds.
Malayalam superstar Mammootty brings his latest film Mamangam: History Of The Brave to Mumbai.
The former beauty queen looked stunning as the showstopper.
And it's not about jet-setting off on a luxurious holiday!
The actors of Student of the Year 2 are just too sexy off-screen.
First-time buyers of cars and sport utility vehicles (SUVs) have made a comeback, shows last year's data from top passenger vehicle (PV) makers. If the trend persists, it may move the needle on the overall car penetration ratio. India's car penetration ratio is 32 per 1,000 people - one of the lowest, compared to mature car markets like the US and Europe.
Style Icon of the Year and Vogue India's November cover girl, Anushka Sharma serves up a gorgeously chic look.
The government is pushing the public sector behemoth ONGC to involve private sector companies and service providers wherever possible to help raise oil and gas production, Petroleum Secretary Tarun Kapoor said Thursday. Kapoor's comments came days after the second-highest ranked official in his ministry asked Oil and Natural Gas Corporation (ONGC) to give away a 60 per cent stake plus operating control in India's largest oil and gas producing fields of Mumbai High and Bassein to foreign companies. "ONGC has to explore more so that it can discover more oil and gas reserves and bring them quickly to production to raise domestic output. The government is very clear that ONGC has to do more," he told reporters.
The actor, who is celebrating her biggest year yet, glams up on Vogue's December 2019 cover.
Finance Minister Himanta Biswa Sarma added to the mystery by declaring only that the next CM would be from the BJP, without naming Sarbananda Sonowal, the CM of the outgoing government.
Constable Priti Rani was among the hundreds of police personnel deployed for Adityanath's visit.
15 designers showcased their collections at the the Blenders Pride Fashion Tour.
The iconic Times Square in New York City, reverberating with the chants of 'Vande Mataram' and 'Bharat Mata ki Jai', was on Sunday drenched in hues of saffron, white and green as the biggest Indian tricolour was unfurled at the popular destination to mark the 75th anniversary of India's Independence Day.
The first-ever district development council (DDC) elections will be held in eight phases to elect 280 members in 20 districts from November 28 to December 22.
Passenger vehicle market leaders Maruti Suzuki and Hyundai on Saturday reported a decline in wholesales in December 2021, although homegrown majors Tata Motors and Mahindra & Mahindra reported growth, amid semiconductor shortage continuing to impact production. Other manufacturers Nissan and Skoda also reported an increase in December 2021 sales although Honda Cars India witnessed a decline last month. The country's largest carmaker Maruti Suzuki India (MSI) reported a 4 per cent fall in wholesales to 153,149 units in December 2021 as against 160,226 units a year ago.
India, the world's third-largest energy consumer and importer, on Wednesday warned of high oil prices hurting the nascent and fragile global economic recovery and floated an idea of long-term supply contracts that provide predictable and stable pricing. Speaking at the India Energy Forum by CERAWeek, Oil Minister Hardeep Singh Puri said there was a mismatch between demand for oil and the supplies producers such as OPEC+ were making and there was a case for raising the production. The world, he said, needs "predictable, stable and affordable" prices for it to recover back to pre-pandemic levels.
The first edition of News18 India's Saas Bahu Aur Devrani Stardom Awards was held in Mumbai.
In the last edition in 2014, India won 33 medals (3 gold, 14 silver, 16 bronze).
'The overall death claims have gone up.'
Internet services across Assam will remain suspended till December 16 to prevent alleged misuse of social media in disturbing peace and to maintain law and order in the state, officials said on Saturday.
Market leader Maruti Suzuki is putting finishing touches to its plan of finding its feet in what is being hailed as a battle of epic proportions in India's fastest-growing passenger vehicle segment, reports Arindam Majumder.
In the first phase, most of the outdated regulations in the state and central Acts will be removed. Further, compliances with regard to annual inspections, licence renewal, and storage of multiple data will be eased.
The Central Bureau of Investigation also pointed out that it is probing the complaint filed by Rajput's father K K Singh against Chakraborty and her family members for allegedly abetting the 34-year-old actor's suicide.
As the world's third-largest oil importer and consumer, India is running out of options as the relentless surge in international oil prices make it imperative to pass them on to consumers, officials said on Monday. India imports 85 per cent of its crude oil needs and about half of its natural gas requirement. While the imported crude oil is turned into fuels such as petrol and diesel, gas is used as CNG in automobiles and fuel in factories.
A weekly roundup of the best and worst styles from the celebrity circuit. Scroll down to take a look!
'Personal income tax collections have been high on account of impressive advance tax mop-up.'
In a rare face off, captains of the auto industry have hit out at the government for not walking the talk. At an industry event in the capital on Wednesday, R C Bhargava, chairman of India's largest carmaker Maruti Suzuki, and Venu Srinivasan, chairman of TVS Motor, questioned the government's intent to support the auto sector. Revenue secretary Tarun Bajaj sat in the audience listening, before his turn came to counter them.
Company managements need to "curtail the kind of expenditures on themselves personally" with the COVID-19 pandemic highlighting the need to build internal resources with a frugal style of functioning, Maruti Suzuki India chairman R C Bhargava said on Tuesday. Addressing shareholders in the company's annual general meeting held virtually, he also termed as "a good development for the whole of industry" recent shareholder actions that did not approve expenditures by management on themselves, without specifying details. In the wake of the pandemic, building internal resources has to become a priority of industry and companies.
'Today, as a film personality, he is bigger than Dharma Productions.' 'But he is still warm and loyal to his friends from school, college and work.'
At a time when crude oil and natural gas prices are sky-high, public sector behemoth ONGC's haphazard planning and mismanagement in developing showpiece deep-sea KG-D5 block is costing the nation over Rs 18,000 crores due to the delayed output of oil and gas, government officials said. ONGC was originally to start gas production from the Cluster-II fields in block KG-DWN-98/2 (KG-D5) in June 2019 and the first oil was to flow in March 2020. But these targets were quietly shifted to end-2021 because of deferments in awarding the fragmented work packages of the project, two officials with direct knowledge of the matter said on condition of anonymity.
