LIC has urged the government to implement tax and regulatory changes in the upcoming budget to boost policy sales and insurer margins. Key proposals include treating insurance services as 'zero-rated' for GST to allow input tax credit claims and increasing the tax-free maturity proceeds limit to 10 lakh annually.
Ready for a legal showdown, the BBC is prepared to defend against Donald Trump's planned defamation lawsuit concerning an edited speech. Despite Trump's claims of multi-billion dollar damages for alleged reputational injury, the BBC insists there's no justification for the lawsuit. After their apology for the edit, they maintain confidence in their stance.
Berkshire Hathaway's significant investment in Alphabet, valued at $4.93 billion, signals a strong endorsement of the tech giant's artificial intelligence capabilities. This rare tech bet by the conglomerate, under Warren Buffett's leadership, comes as Alphabet emerges as the top-performing "Magnificent Seven" stock this year, driven by AI advancements and a robust ad business.
