Finance Minister Nirmala Sitharaman today announced a big reduction in the income tax rate for corporates. The government has slashed basic corporate tax rate to 22 per cent from 30 per cent while for new manufacturing companies it has been cut down to 15 per cent from 25 per cent.
Aligned with Ola’s efforts of elevating the welfare of its driver-partners and easing their financial burdens, the partnership will provide comprehensive health insurance for secondary and tertiary care to tens of thousands of driver-partners and their families.
ASG Hospitals, the award-winning, eye healthcare provider, will use the investment to accelerate the delivery of its mission of “quality eye-care for all” and continue to roll out its disruptive, high quality-focused service model to those that need it the most across India.
MCI which was under the constant government scanner for alleged corruption and misconduct relating to medical education and professional medical practice ultimately succumbed to National Medical Commission (NMC) on 29 July.
"In India, where there are currently fewer than 2.1 million qualified healthcare professionals and a projected 4.6 million needed to meet demand, this crisis will be particularly acute and will have devastating consequences if swift action is not taken," said Dr Mark Britnell, Global Chairman, KPMG.