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Motor insurance protects your vehicle against potential risk. In other words, the car or the two-wheeler policyholder is insured against losses resulting from accidents and other risks. Motor insurance is mandatory in India.
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The motor vehicle accident insurance offers financial support in the event that the car's owner-driver is killed, has lifelong incapacity, or sustains physical harm as a result of an automobile accident. It provides you with protection against the risk of death and disability resulting from accidents anywhere in the world.
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The ‘Hindu Religious Institutions and Charitable Endowments Amendment Bill’, which was introduced by the Karnataka Government, according to which heavy taxes were imposed on the Temples which had an annual revenue exceeding the amount of Rs 1 Crore was defeated finally in the Karnataka Legislative Council.
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GST is also known as the Goods and Services Tax. It is an indirect tax that has replaced many indirect taxes in India, including excise duty, VAT, and service tax. The Goods and Services Tax Act was passed in Parliament on March 29, 2017, and went into effect on July 1, 2017.