The Insurance Regulatory and Development Authority of India (IRDAI) has issued a notification that seeks to limit the financial burden on senior citizens regarding health insurance premiums. The new directive mandates that insurers cannot increase premiums for individuals aged 60 years and above by more than 10% annually. This move addresses the concern that steep premium hikes for this vulnerable demog

DTC to Be Introduced Separately: Sources have confirmed that the much-anticipated Direct Tax Code (DTC), which seeks to simplify India’s income tax laws, will be introduced separately and not as part of the Union Budget 2025. Finance Minister Nirmala Sitharaman is expected to deliver the budget speech on Saturday, but the new tax code will be presented at a later date. This move marks a shift from earlier reports suggesting the DTC would be included with the budg