by AIP Online Bureau | Dec 21, 2024 | Eco/Invest/Demography, Indian News, Policy, Technology
“The system shall be based on a Unique Identification Marking which shall be affixed on the said goods or the packages thereof. This will provide a legal framework for developing such a system and will help in implementation of mechanism for tracing specified...
by AIP Online Bureau | Dec 21, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Policy
The GoM in January 2019 decided to approve the levy of 1 per cent ‘calamity cess’ by Kerala for a period of two years to fund rehabilitation work in the state hit by floods. The goods and services that faced the 1 per cent cess were decided by Kerala...
by AIP Online Bureau | Dec 21, 2024 | Eco/Invest/Demography, Indian News, Intermediaries, Pension & Social Security, Regulation
(L to R)- Rama Mohan Rao Amara, MD of State Bank of India; Deepak Mohanty, chairman, PFRDA, Siddhartha Mohanty,MD&CEO, LIC; Amitabh Chaudhry, MD & CEO of Axis Bank at an event to launch of official launch of the Association of NPS Intermediaries in Mumbai...
by AIP Online Bureau | Dec 21, 2024 | Eco/Invest/Demography, Health, Indian News, Life, Policy
No decision was taken with regard to reduction in GST on insurance premiums as the GoM needed more time to study the issue. Many inputs are awaited including the one from insurance regulator IRDAI, Finance minister Nirmala Sitharaman “It was felt any decision on...
by AIP Online Bureau | Dec 21, 2024 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy
Interestingly, the net AUM which was at Rs 49.05 lakh crore in November last year, crossed the historic milestone to touch Rs 68.08 lakh crore in November this year Total inflows into the mutual fund industry grew by 135.38 per cent at Rs 60,295.30 crore in November...
