The agency’s staff scientists pointed out how Covid was still unpredictable and posed a threat to toddlers, but the official decided to restrict shots only to children with risk factors. Source link
NEW DELHI: Individual health and life insurance has been made GST free, finance minister Nirmala Sitharaman announced on Wednesday. It comes as a big relief as the rate has been brought down from 18%.“Insurance services from 18% currently will go into two, three different categories. Exemption of GST on all individual life insurance policies, whether…
Stephen Miran is scheduled to face members of the Senate Banking Committee on Thursday as the administration steps up its attacks on the Federal Reserve. Source link
The GST Council on Wednesday approved the creation of a new slab of 40% for sin and luxury goods, marking a significant change in the tax structure. While the date for its implementation will be announced later, the two other main slabs of 5% and 18% will come into effect from September 22.The highest slab…
A federal judge ordered steps in the search monopoly case that will restrain Google but not break it up, signaling a cautious antitrust approach by courts. Source link
NEW DELHI: There is good news for buyers of top consumer segments such as small cars, two-wheelers under 350cc, ACs, TVs (over 32’inches) and dishwashers. The GST Council has cut the GST rates on the products from 28% to 18%, which will see significant cuts in consumer prices.Finance Minister Nirmala Sitharaman said that the decision…
ConocoPhillips of Houston on Wednesday announced plans to reduce its global work force by up to 25 percent. Source link
Finance Minister Nirmala Sitharaman on Wednesday announced major Goods and Services Tax (GST) rate cuts, saying that with the two-tier tax rate system approved, the common man will benefit greatly. The GST Council approved the two-tier rate structure of 5% and 18%. The GST rate rationalisation will be implemented from September 22, according to a…
The India-US trade relationship faces challenges as Trump has increased tariffs from August. (AI image) Indian companies are betting on robust demand from smaller towns and villages to counter the impact of US President Donald Trump’s 50% tariffs on India. India’s GDP grew at a 5-quarter high of 7.8% in the April-June period. Private consumption…
In a major step to boost domestic supply chain resilience, the Union Cabinet on Wednesday approved a Rs 1,500 crore incentive scheme to promote recycling of e-waste and battery waste for extraction of critical minerals.The scheme, which is part of the National Critical Mineral Mission (NCMM), will run for six years from FY 2025-26 to…
