FDI Limit in Insurance Sector to 100% FDI Limit in Insurance Sector to 100% In a significant move aimed at boosting the financial sector, Finance Minister Nirmala Sitharaman announced in the Union Budget 2025-26 that the Foreign Direct Investment (FDI) limit in India’s insurance sector will be increased from 74% to 100%. This decision is … Read more
Shiv Bhojan and Aanandacha Shidha The Maharashtra government is facing an unprecedented financial crunch and is now considering discontinuing two of its flagship welfare schemes—Shiv Bhojan Thali and Aanandacha Shidha—as part of cost-cutting measures.Shiv Bhojan and Aanandacha Shidha These schemes, aimed at providing subsidized meals and food kits to the underprivileged, have been a lifeline … Read more
New Capital Gains Tax Rules New Capital Gains Tax Rules The Union Budget 2025, presented by Finance Minister Nirmala Sitharaman, introduced critical updates to India’s capital gains tax regime. While the holding periods and tax rates for long-term capital gains (LTCG) and short-term capital gains (STCG) remain the same, the Finance Bill 2025 brought clarity … Read more
5 Key Tax Reforms for the Middle Class Announced in Budget 5 Key Tax Reforms for the Middle Class Announced in Budget The Union Budget 2025, presented by Finance Minister Nirmala Sitharaman on February 1, 2025, introduced several landmark reforms aimed at easing the tax burden for the middle class. 5 Key Tax Reforms for … Read more
Major Income Tax Changes for FY 2025-26 Major Income Tax Changes for FY 2025-26 The Union Budget 2025 has introduced significant changes to the income tax structure, bringing relief to middle-income earners while making substantial revisions to the rebate system under Section 87A. This budget aims to simplify tax compliance and enhance revenue collection by … Read more
