Over 350 provisions are proposed to be amended through this bill...
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Proposed GST rate tweaks on automobiles to end classification disputes
Presently, the total tax incidence on cars, depending on engine...
‘Next Gen GST’ precursor to eventual single tax slab GST: Sources
“What we have suggested is a ‘Next Gen GST’ keeping the needs of...
Global banks expand maternity benefits to retain women in India
Banks are hungry for talent in India. With US-China tensions growing, many global lenders are targeting the country, drawn by its fast-growing economy and burgeoning middle class Across India, global financial firms are expanding maternity benefits to include perks...
States reverting to old pension scheme fiscally unsustainable: RBI paper
The immediate gain for states shifting back to the OPS is that they will not have to spend on the NPS contribution of the current employees, but in the future, the unfunded OPS is likely to exert "severe pressures" on their finances, it said. Mumbai: States reverting...
Ministry of Finance approves welfare measures for LIC agents and employees
Siddhartha Mohanty, chairperson, LIC, thanked finance minister Nirmala Sitharaman for extending the benefits of agents and employees of the corporation New Delhi: The Ministry of Finance today approved a series of Welfare measures for the benefit of agents and...
TCS launches digital solution for life cycle assessment and reporting
“TCS Product Life Cycle Profiler will help our clients identify the changes they need to make their product value chains more sustainable and advance their climate goals,” TCS Global Head for Strategic Capabilities Group Suranjan Chatterjee said New Delhi: Tata...
IRDAI convenes an urgent meeting of re/insurance CEOs on Monday over Surety Bonds logjam
After Nitin Gadkari, union minister, Ministry for Road Transport and Highways, launched two basic level Surety Bonds, in Dec 2022, issued by Bajaj Allianz General Insurance with the support of reinsurance support from Munich Re and Swiss Re, the Surety...
No fresh positive cases of Nipah, results of 51 samples awaited: Kerala govt
'So, as of now, there is no secondary wave. That is welcome news,'' said Veena George,Health Minister,Kerala Kozhikode: In a relief for the Kerala government, no fresh positive cases of Nipah virus were reported on Saturday in the state even as five more persons, who...
Explore possibilities of extending benefits of COVID-19 schemes to all orphan children SC to Centre
"You have rightly brought out a policy for orphans, whose parents died due to the COVID pandemic. An orphan is an orphan, irrespective of whether the parents died in an accident or illness. By bringing these schemes, you are attending to the condition and not the...
Being the 5th largest economy ‘impressive,’ but per capita income must also rise, says Ex RBI Gov Rangarajan
Noting that India was today the fifth largest economy, he said, ''This is an impressive achievement.'' ''However, in relation to per capita income, it is a different story. In 2020, India’s rank with respect to per capita income was 142 out of 197 countries. This only...
Kerala govt asked to explain steps taken to maintain confidentiality of HIV patients when applying for CMRF
Justice Devan Ramachandran of Kerala High Court observed that although a circular has been issued on related aspects, it was not enough and that concrete steps should be implemented to ensure the privacy of HIV-positive persons Kochi: The Kerala High Court has sought...
Weak El Nino conditions prevailing over the equatorial Pacific region: IMD
El Nino, characterised by elevated ocean surface temperatures in the central and eastern Pacific, has the potential to trigger a range of extreme weather events, including wildfires, tropical cyclones, and prolonged droughts. This naturally occurring phenomenon is...