
The court ruled that a missing ticket should not prevent compensation, awarding Rs 8 lakh to a widow. This decision emphasizes the importance of passenger rights and accountability in the railway system. The Railways must pay the amount within eight weeks, highlighting the judiciary's commitment to justice for affected families.
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Advance tax under the Income Tax Act, 2025, helps taxpayers manage payments throughout the year. This article outlines who must pay, important deadlines, and calculation methods for the tax year 2026-27. Understanding these rules can ease financial planning and ensure compliance with new tax regulations.
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India's insurance industry saw a 9% growth in FY26, reaching ₹336,000 crore. The BCG report highlights health and motor segments as the fastest-growing areas, driven by GST rate rationalization. This growth reflects a positive trend in the general insurance market, indicating increased consumer confidence and demand.
Healthcare has outperformed the Nifty 50, prompting investors to consider sector funds. With a 22.7% CAGR over seven years, the BSE Healthcare TRI shows strong growth potential. This trend raises questions about the viability of broader-market index funds versus targeted investments in high-performing sectors like healthcare.