Prime Minister Narendra Modi, addressing the nation a day ahead of the implementation of recently made GST reforms, linked the move to the government's broader reform agenda and said the reduction in GST rates would complement income tax benefits given earlier this year, creating a "doubl
Mother Dairy, a wholly owned subsidiary of National Dairy Development Board (NDDB), today announced a reduction in the consumer prices of select value-added dairy products and processed foods (under Safal brand), aligning with the recent GST reforms announced by the Government of India.
Union Minister of Commerce and Industry Piyush Goyal has assured that the benefits of the reduction in Goods and Services Tax (GST) rates will be fully passed on to the common man, with industries across all sectors committing to implement the reforms in letter and spirit.
The Finance Ministry has announced that all tax benefits available under the National Pension System (NPS) will also apply to the Unified Pension Scheme (UPS).
New Delhi [India], June 5: Life insurance is not just a tool for financial protection but also an effective way to save on taxes. In India, the Income Tax Act provides various benefits for policyholders, making life insurance a popular choice among taxpayers. This article delves into the lif
New Delhi [India], May 20: As 2025 begins, Indian investors are looking for smart ways to grow wealth while optimising tax benefits. One emerging trend is investing in New Fund Offers (NFOs) within Unit Linked Insurance Plans (ULIPs). These NFOs offer a mix of market growth, insurance cover,
Mumbai (Maharashtra) [India], March 26: With the financial year FY 24-25, drawing a close, individuals and families still have a valuable window of opportunity to make smart, impactful decisions around their tax planning and financial security. With the March 31st deadline approaching, this
New Delhi [India], March 24: Life insurance plans offer more than just financial security for your loved ones, they also provide important tax benefits. There are different tax deductions and exemptions offered by the Indian government under the Income Tax Act, 1961. By understanding these
New Delhi [India], March 22: Life insurance is an essential financial tool that provides security while helping you plan for the family's future. The added advantage of buying a life insurance policy is the tax benefits it offers, making it a smart financial choice. But how does it impact yo
Mumbai (Maharashtra) [India], February 24: HDFC Life, one of India's leading life insurers, has launched its latest product HDFC Life Click 2 Achieve Par Advantage. This participating product has been designed keeping in mind milestones associated with the different life stages of an individ
New Delhi [India], February 20: Term insurance plans are a commonly chosen option for both financial security and tax benefits. Yet, it's not that simple. Choosing the term insurance plan should not be followed by relaxing while paying premiums. Rather, being active and modifying the financi