Team Legalman

GST Amendment on Health Insurance and Life Insurance In 56th Meeting of GST council held on 3rd and 4th September, 2025, The council proposed to change the GST rate on Health Insurance and Life Insurance which are as below:  Particular Extended Due Date All individual health insurance, along with reinsurance thereof Exempt All individual life … Read more

✅ Why Set Up a Subsidiary Company in India? India is a one of the fastest growing economies in the world and the best part is having a large number of consumer base.  The India is also having a strong and stable government, skilled workforce, and favorable government policies for foreign investment so the setting … Read more

Eligible units may choose one of two major incentives: either Asset Creation Incentives or Interest Subsidy. (A) Asset Creation Incentives Under RIPS-2022, eligible enterprises can claim direct capital subsidy for investments in specific sectors, with the following ceiling limits: Sector Purpose of Investment Ceiling Limit Logistic Park Building infrastructure hub and associated facilities INR 15 … Read more

Unlocking Opportunities for Sunrise Sectors under Rajasthan Investment Promotion Scheme (RIPS) 2022 As part of its strategic vision, Rajasthan is positioning itself as the preferred investment destination for sunrise sectors, offering robust incentives for industries that promise significant advancements in technology, economic growth, and skill development. These sectors represent the future of innovation and economic … Read more

The Rajasthan Investment Promotion Scheme 2022 (RIPS-2022) aims to provide robust incentives to micro, small, and medium enterprises (MSMEs) in both the manufacturing and service sectors, excluding certain restricted activities like tobacco, pan masala, aerated water plants, and retail trading. Here’s a breakdown of the benefits that MSME units can leverage under this scheme. (A) … Read more

RIPS-2022: Benefits for the Beverage Industry in Rajasthan The beverage industry in India, particularly the packaged drinking water and carbonated soft drinks (CSD) sectors, has witnessed tremendous growth in recent years. Companies are expanding their operations to meet the rising demand driven by urbanization, increasing health consciousness, and a growing middle class. One significant opportunity that beverage … Read more

Rajasthan Investment Promotion Scheme 2022 (RIPS-2022) – Simplified Guidelines The Rajasthan Investment Promotion Scheme (RIPS-2022) provides various benefits and subsidies to promote investments in the state. Here is an easy-to-understand guide for businesses looking to benefit from the scheme. 1. Single Profile System – A unified system for enterprises will manage profiles for vendors, taxpayers, … Read more