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Reinsurance & Coinsurance Not under Tax Ambit
The Economic Times· 7 days agoReinsurance and coinsurance are not the supply of a service and, hence, not liable to tax, according to a decision by the Goods and Services Tax (GST) Council on Saturday.
General insurance sector gets Rs 18,000 crore GST bonanza
Indian Express· 5 days agoGI Council’s argument was that GST demands on co-insurance and reinsurance commissions lack a legal...
Budget Headlines Online on Interim Budget 2024 - The Economic Times
The Economic Times· 3 days agoThe finance ministry is evaluating a proposal for ₹6,000 crore viability gap funding (VGF) and a ₹3,500 crore payment security mechanism for electric buses. The project, based ...
Auction results above expectations; 5G spectrum demand to rise, say officials
CNBC Awaaz· 3 days agoThe just concluded spectrum auction should not be considered a benchmark for future sales, as...
Several dead as police open fire on protesters trying to storm Kenya parliament
Hindustan Times· 5 days agoIn chaotic scenes, protesters overwhelmed police and chased them away in an attempt to storm the...
Revive job work schemes to end weavers’ suicides, BRS urges govt.
The Hindu· 5 days agoRashtra Samithi (BRS) K.T. Rama Rao has accused Telangana Government of being responsible for the...
India received $120 billion in remittances in 2023, maximum from US: World Bank
Indian Express· 4 days agoWhile the same external demand conditions could have favoured remittance flows to Pakistan, weak...
India records 0.6 pc current account surplus in March qtr on higher service exports, remittances
Indian Express· 6 days agoDomestic rating agency Icra’s chief economist Aditi Nayar said it expects the FY25 CAD to rise...
After passage of controversial finance bill in Kenya, demonstrators set Parliament building on fire;...
The Economic Times· 5 days agoAmid protests outside Kenya's legislature, discontent over tax hikes escalated, reflecting the...
Haryana Dealership Faces ₹5 Crore Extortion Demand by Armed Men
One India· 6 days agoThree men demanded ₹5 crore from a Haryana car dealership owner, firing shots outside the showroom as intimidation.