The Bombay High Court has granted an interim stay on the 18% GST levied on restaurant services within hotels charging over ₹7,500 per day for rooms. The court issued notices to authorities, challenging the tax rate’s link to room tariffs,…
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Many private insurers have already reduced commissions, including Niva Bupa, Care Health, ICICI Lombard, Aditya Birla Health, and Star Health, following the shift to 0 per cent GST on retail life and health insurance. Canara HSBC Life says one way…
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Indian rupee’s recent tight trading suggests the central bank is actively intervening to maintain a preferred level, traders noted. After hitting a record low, the currency has traded in a narrow band, indicating a shift from previous wider swings. This…
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The Reserve Bank of India’s same-day cheque clearance framework will proceed as planned, with banks clearing cheques within three hours starting January 2026. This second phase aims to enhance operational efficiency for businesses still utilizing cheques, despite some initial glitches…
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The Reserve Bank of India has appointed two new Executive Directors. Sanjay Kumar Hansda and Sonali Sen Gupta will take up their new roles soon. Gupta will oversee consumer education, financial inclusion, and inspection departments. Hansda will manage economic and…
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UK Prime Minister Keir Starmer welcomes Indian talent. This, along with UK universities opening campuses in India, is drawing more Indian students. Demand for STEM and tech courses is rising. Many students are now considering leading UK schools. This trend…
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