Securities and Exchange Board of India elevated Amit Pradhan, Avneesh Pandey, and Sanjay Chandrakant Purao to executive directors. Pradhan will oversee legal affairs. Pandey will manage information technology. Purao will handle corporation finance investigation. All three have extensive experience within…
Read More
Hotel Association of India (HAI) welcomes the government’s GST rationalization efforts, viewing them as a catalyst for global competitiveness in Indian hospitality. HAI advocates for a uniform 5% GST rate with input tax credit across hotels, restaurants, and tourism services.
Read More
In protection products, commissions initially range between 35% and 40% before tapering off, averaging about 5-6% over time. On top of this, insurers incur about 10% in other expenses. Currently, service tax of around 2% on such costs is offset…
Read More
Minutes from the MPC meeting revealed discussions about potential rate cuts, but concerns over transmission, trade tariffs, and food inflation led to a pause. External MPC member Saugata Bhattacharya emphasized the neutral stance preserves options, with decisions based on incoming…
Read More
The Income-tax Act, 2025, has been formally notified by the government. President gave his assent on August 21, 2025. The Ministry of Law and Justice issued a gazette notification. The new law extends to the entire country. It will be…
Read More
The GST Council is set to convene in Delhi on September 3-4 to deliberate on a simplified two-slab GST structure of 5% and 18%, alongside a 40% levy for sin goods. Discussions will also include exempting life insurance products and…
Read More