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CGHS to be replaced with a new insurance-based scheme under 8th Pay Commission?

The Central Government Health Scheme (CGHS), which is called the backbone of health services for central government employees and pensioners, has seen major changes during the last ten years. The 7th Pay Commission period (2016–2025) is now in its final phase, and in the meantime the government has implemented many important reforms in 2025. At

Gameskraft rules out legal challenge against online gaming bill

Bengaluru-based online gaming company Gameskraft, on Tuesday, said it will not legally challenge the recently-enacted Promotion and Regulation of Online Gaming Bill, 2025, which has banned all real-money games in the country. “As a responsible and law-abiding corporate entity, Gameskraft has no intention of pursuing any legal challenge to the legislation. We fully respect the

Tariff heat melts indices 

Benchmark indices slumped over 1% on Tuesday, recording their biggest single-day fall in three months, as investor sentiment weakened ahead of the additional 25% US tariffs on goods imported from India, set to take effect from tomorrow. The continuous depreciation of the rupee against the dollar also weighed on markets.  ALSO READTariff deadline spooks markets:

Is CIBIL score mandatory for bank loan? Centre issues key clarification

The Finance Ministry has issued a clarification about CIBIL score requirements for those seeking a bank loan — explaining that it could not be a reason to deny first-time borrowers. The Lok Sabha was also told earlier this week that the Reserve Bank of India had not not prescribed any minimum credit score for loan

Zerodha’s second demat account will aid tax saving 

In a move that will help long-term investors, who want to save on capital gains tax while trading, discount broker Zerodha has allowed its users to open a secondary demat account. The basic idea is to manage long-term investment and short-term trade by applying the first in first out (FIFO) option to each account.  Solution

SEBI proposes new closing auction session framework to reduce volatility

Markets regulator Sebi has proposed a new framework for the Closing Auction Session (CAS) in the equity cash market, starting with highly liquid derivative stocks to determine the closing prices of shares. The proposal, if implemented, is expected to reduce volatility, improve fairness, and make it easier for large and passive investors to execute trades.

Income tax rules 2025: Govt revises perk taxation with new Rs 4 lakh and Rs 8 lakh thresholds

The government has notified the income tax rules, under which two new tax limits have been fixed on perquisites (non-salary benefits) given by the employer to the employees. These changes will especially affect those employees whose income is low or who get different types of facilities from the employer. The amendment notified on 18th August

Why has CBI booked Anil Ambani, Reliance Communications in Rs 2,929 crore bank fraud case?

The Central Bureau of Investigation (CBI) on Saturday registered a case against industrialist Anil Ambani and carried out searches at his residence as well as the premises of Reliance Communications Ltd. in connection with an alleged bank fraud that caused a loss of over ₹2,929 crore to the State Bank of India (SBI). ALSO READBank

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ITR filing deadline pressure: Common mistakes to check while filing returns and how to rectify them

The deadline for filing Income Tax Return is fast approaching and many taxpayers across India must still be rushing to file their ITR for FY 2024-25 (AY 2025-26). While the e-filing system has simplified tax submissions, last-minute filings often lead to errors. These errors can result in penalties, delayed refunds or in some cases, even

Adani Power, Druk Green Power to set up Rs 6K cr hydro project in Bhutan

Adani Power and Bhutan’s state-owned generation utility, Druk Green Power (DGPC), on Saturday signed an agreement to set up a 570 MW Wangchhu hydroelectric project in the Himalayan kingdom of Bhutan. The Wangchhu project will see an investment of about Rs 6,000 crore in setting up the renewable energy power plant and related infrastructures. ALSO

Why Markets Aren’t Rising Despite GST Cuts

The Indian equity market continues to underperform EM peers for the second straight week. The Nifty is stuck in a tight range below the 25,000 mark. The story is not very different if you track the Sensex, either. On a 12-month basis, the MSCI India Index is down 10% compared to the MSCI EM Index

Star Health, Niva Bupa may need 1–4% price hike to offset ITC loss

Health insurers may need to raise premiums by 3–5% to offset the loss of input tax credit (ITC) after the full GST exemption on individual life and health policies, Kotak Institutional Securities said in a report. The brokerage noted that despite a possible price hike, customers would still benefit from a 12–15% reduction in prices

GST 2.0: Detergents out of rate cut in miss for FMCG firms

The tax reforms unleashed by the government has missed an important segment of fast-moving consumer goods (FMCG), namely, detergents. The Rs 45,000-crore category, among the largest FMCG segments in India, continues to attract an 18% GST.  There has been no rationalisation of tax there, even as some other daily-use items such as soaps, hair oils