Income Tax-Budget 2025: In the 2025 Union Budget, Finance Minister Nirmala Sitharaman provided much-needed relief to the middle class by introducing a significant update to the income tax slabs in the new tax regime. As per the revised structure, individuals with yearly earnings not exceeding Rs 12 lakh will be relieved from paying income tax, … Read more
Budget 2025 Live Updates: The Ayushman Bharat health insurance scheme has been a key project of the PM Narendra Modi-led government. The Economic Survey 2024-25, tabled on Friday in the Parliament, stated that the Ayushman Bharat scheme presently covers over 40% of the most vulnerable populations, thereby covering approximately 55 crore people. AB PM-JAY provides … Read more
GST on insurance premiums: Union Finance Minister Nirmala Sitharaman on Wednesday said 18% of Goods and Services Tax (GST) collected from health and insurance premiums is equally shared between the Centre and states. She said of the 9% share that is accorded to the Centre, 41% is further sent to states. Overall, 73-74% of GST revenues … Read more
Union Budget income taxes: In the first Budget of the Modi 3.0 government, Finance Minister Nirmala Sitharaman introduced many important changes to income taxes. The most prominent was the tweaking of tax slabs and increase in Standard Deduction limit under the New Tax Regime. However, she didn’t introduce any change in the Old Tax Regime. … Read more
New Delhi: In line with the Government’s Digital health mission, Finance Minister Nirmala Sitharaman on Tuesday announced the release of an open platform for national digital health eecosystem in the Budget 2022. The platform will store information related to healthcare providers, health facilities, healthcare seekers through unique health identities and consent framework of healthcare services … Read more
In 2019, about 10.93 million tourists visited India, their average daily stay for a foreign tourist clocked is 21 days and the average daily spending is pegged at $34. Image: Rajasthan Tourism/ Twitter Planning to travel soon but not sure whether to step out or not? Major travel and tourism related announcements from Finance Minister … Read more