GST Council Meet: Check decisions On- 1) Penal fines by banks and NBFCs for loan defaults 2) EVs, 3) Tax on Insurance, 4) Tax On Aviation Fuel, 5) Tax on Food Apps December 22, 2024 Team Investcorpus Uncategorized No comments yet The GST Council reduced the compensation cess rate for merchant exporters to 0.1%, reduced tax […] Read more
The Center may cease issuing Sovereign Gold Bonds in FY26 to reduce government debt, as the plan’s objective of reducing physical gold import is deemed obsolete. December 10, 2024 Team Investcorpus Uncategorized No comments yet To minimize government debt, the Centre may discontinue the issuing of Sovereign Gold Bonds beginning […] Read more
Update on the GST Hike: It is proposed to raise the GST from 28% to 35%. Recognize Which Products Will Cost More December 9, 2024 Team Investcorpus Uncategorized No comments yet GST Increase: 28% to 35%. Let’s Recognize Which Products Will Cost More Read more
Selecting a Tax Regime: Know how the New Tax Regime Can Help You Reduce Your Tax Burden December 6, 2024 Team Investcorpus Uncategorized No comments yet In the Indian Budget 2024, the Centre gov. introduced changes to the New Tax Regime […] Read more
DFS in India has proposed stringent penalties for insurance companies, 1 Cr to 5 Cr December 5, 2024 Team Investcorpus Uncategorized No comments yet DFS under Indian Government, proposed Rs 1Cr to Rs 5Cr Panalty on Insurance companies for worng documentations Read more
FinMin recommends 100% insurance FDI, which includes a composite licensing provision for accessibility, affordability, sector expansion, and business process efficiency November 29, 2024 Team Investcorpus Uncategorized No comments yet The Department of Financial Services (DFS) is seeking public comments on proposed amendments aimed at […] Read more
The Indian government plans to amend insurance law to allow a unified license and increase the 100% FDI limit in the upcoming amendment bill November 28, 2024 Team Investcorpus Uncategorized No comments yet The Indian government plans to amend insurance law to allow a unified license and increase the 100% FDI limit in the upcoming amendment bill Read more
Stocks of SBI Life and HDFC Life drop 3% and 1.67%, respectively, as the FM tells banks to stop selling insurance and focus on core banking. Stop Misleading! November 20, 2024 Team Investcorpus Uncategorized No comments yet Finance Minister Nirmala Sitharaman’s advice to banks to focus on core banking caused anxiety in […] Read more
Common Indian’s Forgotten Wealth: Over Rs. 2 Lakh Crore of Unclaimed Assets August 31, 2024 Team Investcorpus Uncategorized No comments yet The massive amount of over Rs2 lakh crore of unclaimed money belonging to ordinary Indians […] Read more
LTCG in Budget 2024: A person may realize capital gains or losses when they sell a capital asset in accordance with income tax regulations. July 23, 2024 Team Investcorpus Uncategorized No comments yet In Budget 2024, finance minister Nirmala Sitharaman proposes changes to the capital gains taxation regime. […] Read more