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GST rate for COVID-19 medicines pegged at five percent GST: govt

GST rate for COVID-19 medicines pegged at five percent GST: govt

by AIP Online Bureau | Apr 4, 2022 | Health, Indian News, Policy

“At present, Goods and Services Tax (GST) on health insurance services is levied at standard rate, i.e., 18 per cent. Specific health insurance schemes catering to the needs of economically weaker sections of the society and differently abled, such as Rashtriya...
Investor wealth jumps over Rs 3 trn, 416 stocks breach upper circuit

Investor wealth jumps over Rs 3 trn, 416 stocks breach upper circuit

by AIP Online Bureau | Apr 4, 2022 | Eco/Invest/Demography, Indian News

Reflecting bullish investor sentiments, the 30-share key index Sensex skyrocketed 1,472.33 points or a whopping 2.46 per cent to 60,736.08 points at around 10.30 am, driven by HDFC twins Mumbai: Investors turned wealthier by more than Rs 3 lakh crore in the first hour...
Brazil and Indonesia lead the world in crypto adoption: Study

Brazil and Indonesia lead the world in crypto adoption: Study

by AIP Online Bureau | Apr 4, 2022 | Eco/Invest/Demography, Facts, Wealth Management/ Philanthropy

Brazil and Indonesia lead the world in crypto adoption, Gemini found, with 41% of people surveyed in those countries reporting crypto ownership, compared with 20% in the United States and 18% in the United Kingdom Gemini found that 79% of people who reported owning...

China sends military, doctors to Shanghai amid COVID-19 outbreak

by AIP Online Bureau | Apr 4, 2022 | Health, International News, Pandemic

Shanghai will conduct city-wide nucleic acid testing on Monday. The city on Monday reported 425 confirmed and 8,581 asymptomatic domestically transmitted cases, the highest daily increases since the latest outbreak, bringing the total number of COVID-19 infections in...
HDFC Bank, HDFC to merge in $40 billion deal to create lending behemoth

HDFC Bank, HDFC to merge in $40 billion deal to create lending behemoth

by AIP Online Bureau | Apr 4, 2022 | Banking & Bancassurance, Indian News

As part of the deal, shareholders of HDFC Ltd will receive 42 shares of the bank for 25 shares held. Existing shareholders of HDFC Ltd will own 41% of HDFC Bank Mumbai: India’s most valuable lender HDFC Bank on Monday agreed to take over the country’s...
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