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Higher investment limit in saving schemes to help sr citizens, middle class

Higher investment limit in saving schemes to help sr citizens, middle class

by AIP Online Bureau | Feb 5, 2023 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy

TV Somanathan,Finance Secretary The Budget 2023-24 raised the maximum deposit limit for Senior Citizen Savings Scheme from Rs 15 lakh to Rs 30 lakh. Also, the maximum deposit limit for Monthly Income Account Scheme will be enhanced from Rs 4.5 lakh to Rs 9 lakh for a...

Study: Everyday well-being improved by good interaction with a friend

by AIP Online Bureau | Feb 5, 2023 | Facts, Health

“Quality Conversation Can Increase Daily Well-Being” was published in the journal Communication Research by Hall and co-authors Amanda Holmstrom, Natalie Pennington, Evan Perrault and Daniel Totzkay By the end of the day, talking to a buddy only once to...

Mental health consulting needs to be included in health insurance: Report

by AIP Online Bureau | Feb 5, 2023 | Facts, Health

Mayank Bathwal, CEO, Aditya Birla Health Insurance, said, ”Due to the pandemic, in the ‘New Health Normal’, people are realising the importance of a health-focused lifestyle and are actively seeking avenues that can support this healthy lifestyle...
New tax regime won’t endanger country’s savings rate: Revenue secretary

New tax regime won’t endanger country’s savings rate: Revenue secretary

by AIP Online Bureau | Feb 4, 2023 | Eco/Invest/Demography, Indian News, Policy

Sanjay Malhotra,Revenue Secretary “I would also like to point out that the savings through tax exemptions is actually a very small portion of the total savings of our country, which are about Rs 25 lakh crore for households. Savings through tax (saving)...

Maha: Village panchayat promises Rs 10 lakh accident insurance coverage to residents if they pay local tax

by AIP Online Bureau | Feb 4, 2023 | Eco/Invest/Demography, Indian News, Non-Life

Panchincholi sarpanch (village head) Geetanjali Hanumante presided over the meeting, where her predecessor Shrikant Salunkhe proposed a resolution that personal accident insurance cover of Rs 10 lakh will be provided to the villagers on 100 percent payment of the...
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