In the 2025-26 Budget, the Indian government made a big decision to change the way foreign companies can invest in the insurance sector. Earlier, foreign companies could own up to 74% of an insurance business in India, but now they can own 100%. So, what does this mean for the Indian insurance industry, policyholders, and agents?

The Union Budget 2025 has introduced major changes to Tax Deducted at Source (TDS) and Tax Collected at Source (TCS) to make tax filing easier, improve cash flow, and reduce the financial burden on taxpayers. These updates will benefit senior citizens, landlords, freelancers, and those sending money abroad for education or travel. Let’s break it down in simple terms.

The world of insurance is constantly evolving, and with the rise of digital platforms, the role of a point-of-sale (PoSP) Agent has become a lucrative opportunity for individuals and businesses looking to expand their income streams. One group that can greatly benefit from becoming a PoSP agent is E-Mitras, a digital service provider catering to a wide range of financial and government services.

In the latest Union Budget 2025, a significant change to the tax system offers much-needed relief for the middle class. Under the new rules, if your income is below Rs.12 lakhs, you won’t pay any tax. However, earning just a little more doesn't always mean extra benefits, as it could lead to higher tax liabilities. Thankfully, marginal relief ensures that small increases in income won’t result in a disproportionate spike in your tax burden.

The Maha Kumbh Mela, one of the world’s largest spiritual gatherings, is currently taking place in Prayagraj, Uttar Pradesh, from January 13 to February 25, 2025. Millions of devotees visit this monumental festival to seek blessings and take a sacred dip at the confluence of the Ganga, Yamuna, and the mythical Saraswati rivers.

The Union Budget for 2025-26 is a major boost for India’s economy, designed to empower and uplift millions of citizens. After years of waiting, the middle class is finally seeing the relief they deserve.