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GST Council To Decide On Cutting Taxes On Insurance Premium, Rate Rejig On Host Of Items
Jaisalmer: The GST Council, in its meeting on Saturday, is likely to decide on reducing tax rates on life and health insurance premiums, while hiking it on high-end wristwatches, shoes and apparel, besides considering a separate 35 per cent
The... 
EPFO extends deadline for employers to upload pending pension applications
EPFO pension: The Employees’ Provident Fund Organisation (EPFO) has extended the deadline till January 31, 2025, for employers to upload wage details, etc regarding 3.1 lakh pending applications for pension on higher wages. According to the Ministry of Ministry of... 
Five Of Top-10 Most Valued Firms Together Add Rs 1.13 Lakh Cr In Market Valuation; Airtel Shines
New Delhi: Five of the 10 most valued firms added Rs 1,13,117.17 crore to their total market valuation last week with Bharti Airtel stealing the show.
While Tata Consultancy Services (TCS), HDFC Bank, Bharti Airtel, ICICI Bank and Infosys were... 
Markets To Be Guided By US Fed Interest Rate Decision, WPI Inflation, Global Trends: Analysts
New Delhi: The US Fed interest rate decision, inflation data and FIIs are the key factors that are expected to drive stock markets this week, analysts said. Also, global trends will also be tracked by investors for further cues, they... 
India's Forex Reserves Drop By USD 3.23 Billion To USD 654.85 Billion
Mumbai: India's forex reserves dropped by USD 3.235 billion to USD 654.857 billion for the week ended December 6, the RBI said on Friday. In the previous reporting week, the reserves had increased by USD 1.51 billion to USD
The... 
EPFO Members May Soon Withdraw PF Claims Through ATMs
New Delhi: Members of the retirement fund body EPFO may soon be able to withdraw their provident fund (PF) money directly from ATMs after the settlement.
Currently, subscribers of the Employees' Provident Fund Organisation (EPFO) have to wait for 7-10... 
Switzerland Scraps Most-Favoured Nation Status to India, Dividend Income to Face Higher Tax
New Delhi: Switzerland has withdrawn the MFN status granted to India following an adverse court ruling against Nestle, a move that will result in adverse tax implications for Indian entities operating in the European nation.
With this, from January 1,... 
Retail Inflation In Nov Eases To 5.48 PC As Food Prices Moderate, Creates Headroom For Rate Cut
New Delhi: Retail inflation declined in November to 5.48 per cent and came within the Reserve Bank's comfort zone mainly due to easing food prices, creating headroom for a rate cut at the central bank's rate-setting panel meets under new... 
Cumulative Capex Of Airports Expected To Grow 12 PC At Rs 60,000 CR In 3 Years: Report
Mumbai: The cumulative capex (capital expenditure) of Indian airports is expected to grow 12 per cent at Rs 60,000 crore in the three years through FY27 from Rs 53,000 crore during 2022-2024, to add the required infrastructure for about 65... 
IIP Growth Rises To 3.5 PC In October From 3.1 PC In September
New Delhi: The Index of Industrial Production (IIP) growth rate for October 2024 registered a modest increase to 3.5 per cent, up from 3.1 per cent in September 2024, according to the Quick Estimates released on December 12.
According to... 
