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Senior citizen health covers witness a strong growth

by AIP Online Bureau | Aug 21, 2025 | Data, Eco/Invest/Demography, Health, Non-Life

“Approximately 6 in 10 health insurance policies are purchased between ages 60-65, with this bracket alone accounting for approx. 57 per cent of all followed by a steady rise in the 66-70 segment as awareness and health risks increase”. New Delhi: On the...
Lok Sabha passes bill to ban online games played with money

Lok Sabha passes bill to ban online games played with money

by AIP Online Bureau | Aug 20, 2025 | Eco/Invest/Demography, Indian News, Risk Management, Technology

The bill also seeks to prohibit advertisement related to online money games and bars banks and financial institutions from transferring funds for any of such games New Delhi: The Lok Sabha on Wednesday passed a bill to ban the operating, facilitating and advertising...
Govt proposes removing entire 18% GST on retail health and life insurance: Samrat Choudhary

Govt proposes removing entire 18% GST on retail health and life insurance: Samrat Choudhary

by AIP Online Bureau | Aug 20, 2025 | Eco/Invest/Demography, Indian News, Life, Non-Life

Finance Minister Nirmala Sitharaman chairs a meet of group of ministers(GoM) on GST rationilsation on Wednesday Bihar Deputy Chief Minister Samrat Choudhary said the Group of Ministers (GoM) on Goods and Services Tax (GST) will propose exempting health and life...
FM Sitharaman to address GoM over simplified 2-slab GST structure

FM Sitharaman to address GoM over simplified 2-slab GST structure

by AIP Online Bureau | Aug 20, 2025 | Eco/Invest/Demography, Indian News, Policy

Nirmala Sitharaman,Finance Minister The GST Council is expected to meet on September 18-19 to take a final call on the proposal New Delhi: Finance Minister Nirmala Sitharaman was set to address group of ministers (GoM) in a key meeting here on Wednesday, where...
GST Revamp: Inverted duty structure is a key concern for insurers

GST Revamp: Inverted duty structure is a key concern for insurers

by AIP Online Bureau | Aug 19, 2025 | Articles, Eco/Invest/Demography, Non-Life, Policy

Rakesh Jain, CEO, Reliance General Insurance A key concern is the inverted duty structure, which leads to accumulation of unutilised input tax credits, as insurers are unable to offset taxes paid on many input services that attract higher GST rates. This mismatch...
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