"And insofar as presumptive tax cases, about 97 per cent of the...
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Govt deactivates 2.5 crore Aadhaar IDs of deceased to avoid fraud
Jitin Prasada,Union Minister of State for Electronics and...
Space Insurance:Govt prepares policy framework for covering 3rd party damages due to Indian Space Objects
A draft “Policy framework and guidelines addressing State’s...
Amid confusion over WHO report Centre asks scientists to study if areca nut is non-carcinogenic
"A WHO report has created some confusion regarding the areca nuts produced in Karnataka. To dispel these misconceptions, a team of scientists from the Indian Council of Agricultural Research (ICAR) is conducting studies, and they have been instructed to submit their...
IDBI stake sale likely to be completed this fiscal: DIPAM secy
"LIC's market value is around Rs 6 lakh crore. So, keeping in mind the liquidity of the market, transactions are designed according to that. And it is not appropriate to give any number in the form of a rumour in the middle of the market," Arunish Chawla, DIPAM...
FM Sitharaman to address GoM over simplified 2-slab GST structure
Nirmala Sitharaman,Finance Minister The GST Council is expected to meet on September 18-19 to take a final call on the proposal New Delhi: Finance Minister Nirmala Sitharaman was set to address group of ministers (GoM) in a key meeting here on Wednesday, where...
GST Revamp: Inverted duty structure is a key concern for insurers
Rakesh Jain, CEO, Reliance General Insurance A key concern is the inverted duty structure, which leads to accumulation of unutilised input tax credits, as insurers are unable to offset taxes paid on many input services that attract higher GST rates. This mismatch...
Govt has rescue-centric approach to handle disasters: Amit Shah
Amit Shah, Union Home Minister ``As a result of the efforts of the government in the field of disaster management, there has been a 98 per cent reduction in the damage caused by cyclones and a significant reduction in heat wave casualties. The Government is...
Cabinet approves bill to regulate online gaming platforms, real money games may face ban
Sources said that the decision has come following observations from the government that online money gaming provides means to facilitate money laundering, fraudulent financial transactions, and cyber crime, among others The Cabinet has approved the bill to regulate...
Centre pushes financial inclusion with insurance, health schemes for all
Pankaj Chaudhary,Minister of State for Finance According to the minister, to streamline access, the government has also launched a Jansuraksha portal with detailed information on the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) and the Pradhan Mantri Suraksha Bima...
GST rejig: Sitharaman to address Aug 20 GoM meet to put forth Centre’s rate cut proposal
Nirmala Sitharaman , Union Finance Minister The GoM on Life and Health Insurance is likely to be headed by Bihar Deputy Chief Minister, Samrat Choudhary and will explore full GST exemption on health and life insurance premiums for policies up to Rs 5 lakh,...
As many as 409 companies operating from IFSC GIFT City
Nirmala Sitharaman, Union Finance Minister Over the last 5 years, the government has provided several progressive policy measures for development of GIFT IFSC, such as - setting up of International Financial Services Centres Authority (IFSCA) as a unified statutory...
Bill to decriminalise certain minor offences to be introduced in Lok Sabha on Monday
Over 350 provisions are proposed to be amended through this bill for decriminalising and rationalising offences to further enhance trust-based governance for ease of living and doing business New Delhi: The Jan Vishwas (Amendment) Bill 2025 to decriminalise certain...