Introduction: Navigating the Evolution of Health Insurance Policies Healthcare expenses have long been a concern for individuals across various demographics. In response to the evolving needs and challenges, the Insurance Regulatory and Development Authority of India (IRDAI) has taken a monumental step towards enhancing access to health insurance. By eliminating the age limit of 65 … Read more
Introduction In a significant development, the Central Board of Direct Taxes (CBDT) under the Ministry of Finance, Government of India, achieved a remarkable milestone in the fiscal year 2023-24. The CBDT proudly announced the signing of a record number of 125 Advance Pricing Agreements (APAs) with Indian taxpayers. This monumental achievement underscores the government’s commitment … Read more
Introduction: The Employees’ Provident Fund and Miscellaneous Provisions Act, 1952, commonly known as the EPF Act, holds immense importance in India for safeguarding the financial interests of employees. In this blog, we’ll delve into the Significance of the Employees’ Provident Fund Act in India and key provisions, applicability of this crucial legislation. Coverage and Applicability: … Read more
Introduction: The National Stock Exchange of India Limited (NSE) and the Bombay Stock Exchange Limited (BSE) serve as crucial platforms for trading and investment activities in India. These exchanges play a pivotal role in maintaining market integrity and ensuring transparency. Recently, Vodafone Idea Limited, a prominent player in the Indian telecommunications industry, issued a clarification … Read more
Introduction 2024 is set to be a year of unprecedented events that will reshape our world. From elections in powerhouse nations to groundbreaking infrastructure projects and technological advancements, buckle up for a wild ride! India’s Elections: The 3.2 Billion Chorus India, with its massive 3.2 billion population, gears up for elections that could redefine its … Read more
Achieving a 12% YoY Increase, the April-December 2023 Period Sets a Remarkable Milestone In a testament to India’s economic resilience, the Gross Goods and Services Tax (GST) collection has surged, showcasing an impressive 12% year-on-year growth during the April-December 2023 period. The collected amount soared to Rs 14.97 lakh crore, a substantial increase from Rs … Read more
Setting a New Benchmark A Record 9% Increase in Income Tax Returns for A.Y. 2023-2024 In a significant development, the Income-tax Department has reported an impressive surge in the filing of Income-tax Returns (ITRs) for the Assessment Year 2023-2024. As of December 31, 2023, a remarkable 8.18 crore ITRs have been filed, showcasing A Record … Read more
Introduction The Indian share market is a thriving arena for investors seeking to capitalize on market movements. Among the various strategies available, option selling has gained significant popularity. Option selling, also known as writing options, involves selling contracts to other traders, providing them the right to buy or sell a specific asset at a predetermined … Read more
Investing your hard-earned money in the stock market can be a daunting task, especially for retail investors who lack knowledge and experience. In such scenarios, mutual funds come as a rescue. Mutual funds are a pool of funds collected from various investors and invested in stocks, bonds, and other securities. These funds are managed by … Read more
The Ministry of Finance has extended the deadline for linking PAN (Permanent Account Number) and Aadhaar to 30th June 2023. This extension has been provided to offer taxpayers more time to comply with the legal provisions of the Income Tax Act, 1961. The government has issued a notification today in this regard, allowing taxpayers to … Read more