‘Cost of health, life insurance…’: Nirmala Sitharaman shares crucial update on GST in Parliament

‘Cost of health, life insurance…’:  Nirmala Sitharaman shares crucial update on GST in Parliament

Finance Minister Nirmala Sitharaman said that the cost of insurance for policyholders is expected to decrease if the GST Council recommends reducing the GST rate on health and life insurance policies.  In a written response in the Lok Sabha on December 2, Sitharaman mentioned that during its meeting on September 9, the GST Council had … Read more

An accident a week: Faulty OFB ammunition takes a heavy toll on the army

An accident a week: Faulty OFB ammunition takes a heavy toll on the army

NEW DELHI: Poor standards of production and a lack of accountability has resulted in frequent incidents related to faulty ammunition being produced by the Ordnance Factory Board, an internal Army assessment has found, stating that an accident a week has taken place over the past six years, resulting in 27 fatalities. In a detailed assessment … Read more