Eid 2025 Bank Holiday: Will banks remain open or closed on March 31?

Eid 2025 Bank Holiday: Will banks remain open or closed on March 31?

On March 31, 2025, designated as a public holiday in India due to Eid-Ul-Fitr, banks across the country will remain open for essential transactions. The Reserve Bank of India (RBI) has mandated that agency banks handling government business must operate on this day. This decision aims to facilitate taxpayers and ensure smooth financial operations at … Read more

GST on healthcare and life insurance services raised over Rs 16,000 crore in FY24

GST on healthcare and life insurance services raised over Rs 16,000 crore in FY24

Revenue from goods and services tax (GST) levied on healthcare and life insurance services fetched over Rs 16,000 crore last fiscal, Minister of State for Finance Pankaj Chaudhary informed the Lok Sabha on Monday. In all, Rs 16,398 crore was collected as GST from healthcare and life insurance services in FY24, including Rs 8,135 crore … Read more