"From September 22, GST on life and health insurance premiums will be reduced to nil. The 56th GST Council meeting scrapped the 18% tax on policies, making insurance more affordable and boosting coverage across India."
India's GST Council has revised tax slabs, reducing them to just 5% and 18%. Essentials like shampoo, dairy, baby products, and electronics will get cheaper from September 22, 2025. Check the full list of items that will become cheaper or costlier.
Indian companies are betting on small towns and villages to sustain growth at a time the third-largest Asian economy is bracing for pain from US’s punishing 50 per cent tariffs.
Trump's team expresses optimism on resolving India tariffs; warns Russia of more sanctions as Ukraine conflict escalates despite peace talks.
The additional 25 per cent tariff imposed by US President Donald Trump on India for its purchases of Russian oil came into effect Wednesday, bringing the total amount of levies imposed on New Delhi to 50 per cent.
The domestic tyre industry is likely to register a 7-8 per cent growth in the current fiscal on the back of replacement demand, according to people tracking the sector.
A Zomato employee has alleged that the company is engaging in “unethical removals” of staff, claiming that employees are being terminated without due process or consideration of personal circumstances.
Two units of Adani Group raised a total of about $275 million through two foreign currency loans as the Indian conglomerate continues to ramp up its borrowing, according to people familiar with the matter.
In a landmark move under Prime Minister Narendra Modi’s economic reforms, India is considering significant tax cuts on small cars and insurance premiums as part of a broader overhaul of the Goods and Services Tax (GST) structure, according to a senior government official.
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