Nirmala Sitharaman, Minister of Finance and Minister of Corporate Affairs | Photo credit: SRINATH M Ahead of Budget 2026, Finance Minister Nirmala Sitharaman on Saturday said simplification of customs would be the next major reform agenda for the government. During the current fiscal year, the government has introduced reforms such as rate rationalization and simplification […]
The Goods and Services Tax (GST) exemption on individual health insurance premiums led to a 20 percent increase in health insurance sales in October, the first full month in the new tax regime. Addressing a long-pending demand, the Center has waived 18 per cent VAT on individual health and life insurance policies, which came into […]