Budget Section 80D: Rising healthcare costs have become a pain point for taxpayers and they demand an increase in tax deduction under Section 80D for health insurance premium. However, post COVID there is a surge in the health insurance costs and the need for larger coverages has increased. Read to know why a strong case…
Month: January 2025
Smart money investors are positioning for an imminent market surge, focusing on cryptocurrencies like Solana, Chainlink, and Elluminex. Solana recently surged by 12% due to meme coin launches and may benefit from potential ETF approvals. Chainlink shows strong institutional interest, while Elluminex aims to revolutionize DeFi on the Toncoin blockchain, presenting a lucrative investment opportunity.
Providing social security for gig workers has become a key government priority, with multiple surveys highlighting the lack of adequate protections. The labour ministry has also been engaging with platforms to extend the benefits of existing schemes, such as Ayushman Bharat, and accident and life insurance, to gig workers.
Goods and Service Tax (GST): The government has announced waiver of late fees for filing GSTR-9C for FY 2017-18, FY 2018-19, FY 2019-20, FY 2020-21, FY 2021-22 or FY 2022-23. File GSTR-9C on or before March 31, 2025 and then request the GST proper officer to cancel the show cause notice (SCN) thereby stopping the…
Rungta Steel is initiating the production of ductile iron (DI) pipes at its Chaliyama Steel Plant in Jharkhand. The DI pipes feature enhanced strength, flexibility, and durability, suitable for high-pressure applications such as water supply and sewerage systems. This move aligns with Rungta Steel’s commitment to providing high-quality infrastructure solutions.
Changes introduced in the Union Budget 2024-25 indicate the Government’s commitment to simplify the tax system, enhance compliance and promote financial stability towards the goal of Viksit Bharat.
American Express: New reward multiplier program announced for AMEX credit cards which will give 25 membership reward points for every Rs 100 spent. This program is going to run from January 24, 2025 and end on January 28, 2025, both days inclusive. Moreover, AMEX also announced that for a limited time the member get member…
Remittix, a new PayFi protocol, is set to revolutionize the $190 trillion global payments industry with its seamless crypto-to-fiat conversions, flat-rate pricing, and audited smart contracts. The RTX presale has raised over $5 million, positioning it as a competitor to XRP and Stellar in the cross-border payment solutions market.
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