A report by SBI highlighted that bank deposits as a share of household financial savings have declined from 38.7 per cent in FY24 to 35.2 per cent in FY25. To encourage savings through the banking system, SBI suggested tax relief measures for depositors
27 January,2026 04:58 PM IST | New Delhi | ANI
Five LIC-owned buildings see ceiling, slab collapses in two months; terrified residents caught in bureaucratic tangle say concerns about their well-being are falling on deaf ears
05 December,2025 08:49 AM IST | Mumbai | Ritika Gondhalekar
After PM Modi’s address on GST 2.0, industry bodies and global experts hailed the reforms as a bold step to simplify India’s tax system. Leaders from the textile and jewellery sectors welcomed reduced rates, transparency, and growth opportunities. Experts believe GST 2.0 will boost demand, exports, and accelerate India’s economic growth.
05 September,2025 12:17 PM IST | New Delhi | mid-day online correspondent-1756992879010_d.png "PM Modi calls GST reforms a 'double dhamaka of happiness' ahead of Diwali")
The landmark GST 2.0 reforms, cleared by the GST Council on Wednesday, offer significant relief, especially in the healthcare and insurance sectors. One of the biggest highlights is the complete removal of GST on individual health and life insurance, which previously attracted 18 per cent GST. These have now been moved to the zero-tax bracket
04 September,2025 07:53 PM IST | New Delhi | mid-day online correspondentADVERTISEMENT
