GST Council Meeting

“54th GST Council Meeting: Key Changes in Health Insurance, Cancer Drugs, and More”

The 54th GST Council meeting chaired by Finance Minister Nirmala Sitharaman was held in New Delhi, making significant updates to India’s Goods and Services Tax (GST) regime. From reducing the tax burden on essential items like cancer drugs to addressing the IGST balance, the decisions taken during this meeting are going to have a wide-reaching…

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Bajaj Housing Finance IPO

Bajaj Housing Finance IPO: 10 Key Things to Know – GMP, Anchor Investors, Price Band and Shareholder Quota

1. Introduction Bajaj Housing Finance IPO, which is scheduled to open for public subscription from September 9 to September 11, 2024. The ₹6,560 crore IPO is not only a major financial event but also a necessary step to meet the Reserve Bank of India (RBI) requirements for non-banking financial companies (NBFCs). Bajaj Housing Finance, a…

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Contingent Liabilities

Contingent Liabilities Explained: Types, Impact, and Financial Reporting

1. Introduction What are contingent liabilities? Potential financial obligations known as contgt liabilities might materialize based on how uncertain future events turn out. Unlike regular liabilities, which are certain, contgt liabilities remain unsettled until specific conditions are met. For example, a company facing a lawsuit may need to make a payment only if the court…

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Why Indian Stock Is Market Falling?

Why Indian Stock Is Market Falling? Key Factors Behind the Recent Decline

Introduction The Indian stock market has faced notable losses recently, with the Nifty 50 and BSE Sensex indices experiencing a significant downturn. Over the last few sessions, the market has been plagued by global economic concerns and domestic issues, leaving investors in a state of uncertainty. In this article, we will explore the key reasons…

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