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4 mins read

Despite pandemic and growing health scares, India’s budget share for healthcare continues to decline

As the Finance Minister Nirmala Sitharaman prepares to present the full budget for the current fisc…

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1 min read

Govt proposes health cess on import of medical equipment

New Delhi, Feb 1 () Finance Minister Nirmala Sitharaman on Saturday proposed to impose a nominal he…

PTI   


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3 mins read

The super rich in India may face wealth tax and one-time COVID-19 relief cess of 4%

The Indian Revenue Service Association (IRSA) has suggested the imposition of wealth tax on the sup…

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3 mins read

To get more oxygen concentrators, Remdesivir injections and COVID-19 vaccines, India temporarily lifts customs duty and cess on imports

Facing supply shortages on multiple ends, the Indian government has decided to lift the customs dut…

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3 mins read

Cess on imported medical devices to lead to cost escalation for patients: MTaI

New Delhi, Feb 2 () The Medical Technology Association of India (MTaI), that represents mainly rese…

PTI   


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1 min read

Govt exempts customs duty, cess on ventilators, surgical masks, PPE, Covid-19 test kits

"In the context of Covid-19 situation, considering the immediate requirement of ventilators and oth…

PTI   


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3 mins read

Public health groups, doctors urge govt to hike excise duty on tobacco products in next Union Budget

"There is substantial proof that tobacco increases risk for severe Covid infection and complicatio…

PTI   


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1 min read

Assam asked to be ready in January for corona vaccination, says Health Minister

"The central government has informed us that frontline workers and people above 60 will be given…

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1 min read

No proposal to raise excise duty on cigarettes, 'bidis' and smokeless tobacco, says Centre

"The GST rates on goods are fixed on the basis of GST Council recommendations. At present, the…

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3 mins read

Understanding the budget allocation for health In India

The budget also sanctioned scholarships for about 1,000 doctorate engineering students at th…

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7 mins read

Budget 2021: From Income Tax deductions to creating jobs and boosting healthcare – Here’s all that could be in Nirmala Sitharaman’s fiscal plans

India’s Finance Minister Nirmala Sitharaman is set to announce the annual budget on February 1, 202…

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5 mins read

Hundreds more test positive for COVID-19; Health Ministry says 'learn to live with virus'

According to experts, industrial and other business establishments may also face a huge labour sho…

PTI   


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2 mins read

GST revenue collection for April 2024 highest ever at Rs 2.1 lakh crore

The Gross Goods and Services Tax (GST) collections surged to a record high of Rs 2.10 lakh crore in…

ANI   


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3 mins read

Tax implications on income of a minor – What every parent should know

Income earned by a minor child from activities involving their skills, talent, or specialised knowl…

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2 mins read

Auto stocks recover after Gadkari clarifies his '10% additional GST on diesel vehicles' comment

The auto index, Nifty Auto, recovered from its 400 point or approximately 2.5% fall after ​​Union M…

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5 mins read

India is an oasis of growth amid a slower global economic landscape, witnessing a once-in-a-generation growth: G20 Sherpa Amitabh Kant

India is witnessing a once-in-a-generation economic growth which can be attributed to radical chang…

ANI   


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6 mins read

Are you an NRI having income in India? Here’s how you will be taxed

You are a non resident Indian (NRI) if you live abroad. More specifically, you are classified as "n…

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3 mins read

Government to exempt basic customs duty on import of Covid vaccines, oxygen and oxygen-related equipment for three months

The Prime Minister stressed that all ministries and departments need to work in synergy to inc…

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3 mins read

GST exemption on domestic supplies, commercial imports of COVID drugs to make them costlier, says Finance Minister Nirmala Sitharaman

From the GST collected on vaccine, half is earned by the Centre and the other half by the St…

PTI   


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1 min read

Chandigarh Administration bans hookah bars

Any person violating the order shall be punished under Section 188 of the Indian Penal Code. …