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Govt plans to extend tax holiday to 15 yrs on profits earned by aircraft leasing firms in GIFT City

Govt plans to extend tax holiday to 15 yrs on profits earned by aircraft leasing firms in GIFT City

by AIP Online Bureau | Nov 28, 2025 | Eco/Invest/Demography, Indian News, Policy

Plane leasing companies housed at Gujarat International Finance Tec-City, or GIFT City, currently get a tax waiver for 10 years. Expanding this benefit by five years will make GIFT City more attractive to lessors who typically make the bulk of the profit on an...
Why accident insurance cover only for those purchasing tickets online, SC asks railways

Why accident insurance cover only for those purchasing tickets online, SC asks railways

by AIP Online Bureau | Nov 27, 2025 | Indian News, Non-Life, Risk Management

A bench of Justices Ahsanuddin Amanullah and K Vinod Chandran was told that the insurance cover is provided only to passengers purchasing tickets online to cover accidents New Delhi: The Supreme Court has asked the Indian Railways to apprise it why an accident...
Govt returns Rs1,887 crore unclaimed financial assets to citizens in 2 months

Govt returns Rs1,887 crore unclaimed financial assets to citizens in 2 months

by AIP Online Bureau | Nov 27, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy

Unclaimed financial assets such as insurance policy claims, bank deposits, dividends, shares, and income from mutual funds often remain unclaimed due to a lack of awareness or outdated account details New Delhi: The Secretary of the Department of Financial Services,...
GST rate rationalisation boosts consumption; economy to maintain growth momentum: FinMin report

GST rate rationalisation boosts consumption; economy to maintain growth momentum: FinMin report

by AIP Online Bureau | Nov 27, 2025 | Eco/Invest/Demography, Indian News, Policy

“The rationalisation of GST rates has provided a measurable boost to consumption, as reflected in the strengthening of high-frequency indicators, including higher e-way bill generation, record festive-season automobile sales, robust UPI transaction values, and a...
Govt mulls rating system for assessing performance of contractor firms engaged in NH works

Govt mulls rating system for assessing performance of contractor firms engaged in NH works

by AIP Online Bureau | Nov 27, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Policy

According to the concept note, ratings for Engineering, Procurement, and Construction (EPC) and Hybrid Annuity Model (HAM) projects shall be conducted together, whereas ratings for Build-Operate-Transfer (BOT) projects shall be conducted separately New Delhi: In a...
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