"The ruling reinforces the significance of the anti-avoidance...
Category:
Indian News
Latest
Pilots’ body FIP serves legal notice to AAIB in relation to Ahmedabad plane crash probe
In connection with its probe into the crash, AAIB has summoned...
Over 3.3 lakh deaths in 2-wheeler accidents from 2019-23, govt working to make roads safer:Gadkari
"The government is working to make roads safer for two-wheelers. It...
LIC receives GST demand notice of Rs 479.88 crore
The company has received a communication/demand order for interest and penalty for Maharashtra on February 27 from Deputy Commissioner of State Tax, Mumbai, LIC said in a regulatory filing Mumbai: Life Insurance Corporation of India (LIC) on Thursday said it has...
Delhi HC asks probe agencies to exercise caution over blanket freezing of bank accounts
While an investigating agency was fully empowered to conduct an investigation and recommend freezing of the entire account to the bank, the court pointed out, when resorted to such a measure, it must assign reasons. When it comes to small-time vendors, the action...
India committed to partnering with international stakeholders to tackle global healthcare challenges: Goyal
Piyush Goyal,Union Commerce Minister Goyal also mentioned that over the past decade, transformative steps have been taken in public healthcare, such as providing free treatment to millions of Indians, establishing Jan Aushadhi Kendras, and building modern medical...
Hong Kong’s Peak Re receives license to open office in GIFT-IFSC
Peak Re, the fourth reinsurer to get a license, has a total global business of $1.75 billion. It has already developed a major Indian portfolio, largely constituting Crop and Property, as a Cross Boarder Reinsurer(CBR) and gearing up to expand it further in the...
NCLT asks RCAP lenders to complete all procedural issues by Mar 12
An IIHL spokesperson said that IIHL voluntarily offered to release Rs 2,750 crore in equity capital into Reliance Capital's account to demonstrate its commitment to completing the transaction. The tribunal accepted the proposal Reliance Capital has three insurance...
SC sets aside Allahabad HC direction mandating govt officials to use public hospitals
A bench comprising Chief Justice of India (CJI) Sanjiv Khanna and Justice Sanjay Kumar said that such directives interfere with policy decisions and limit individual choice regarding medical treatment New Delhi: The Supreme Court on Tuesday set aside a 2018 Allahabad...
Premiums to fall as Govt finalises GST cut from 18% to 12 % on Term Life and Health cover with input tax credit(ITC)
On Tuesday, senior officials Ministry of Finance, Insurance Regulatory Development and Authority(IRDA) and insurers had met in Delhi to finalise the GST cut proposals before they are sent to GST Council, headed by Finance Minister Nirmala Sithraman that will take a...
Star Health further expands its home health care network
Anand Roy, MD & CEO, Star Health Insurance, said, “It is a bridge to accessible and affordable healthcare for every individual. Our vision is to remove barriers such as high hospitalization costs, logistical challenges and the stress associated with seeking care.”...
Regulatory standards must be stronger for quality medicines: Health secy
The meeting with state drug regulators comes in the wake of the Drugs Controller General of India (DCGI) prohibiting the production and export of all combinations of pain relief medicines tapentadol and carisoprodol, following reports that unapproved combinations of...
Crypto trading booms in India’s interiors as job growth, incomes disappoint
Overall, India's crypto market is expected to grow to more than $15 billion in 2035 from $2.5 billion last year at a compound annual growth rate of 18.5 per cent, said Kush Wadhwa, partner at consulting firm Grant Thornton Bharat Like thousands of his countrymen in...