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FinMin proposes 2-slab GST rate structure, special rates on select goods

FinMin proposes 2-slab GST rate structure, special rates on select goods

by AIP Online Bureau | Aug 15, 2025 | Eco/Invest/Demography, Indian News, Policy

Nirmala Sitharaman, Union Finance minister With regard to reduction in slabs, the Centre has proposed moving towards simple tax with two slabs — standard and merit. Special rates would apply only on select few items. Currently, GST is a 4-tier structure of 5,...
Govt to constitute task force for next-generation reforms: PM

Govt to constitute task force for next-generation reforms: PM

by AIP Online Bureau | Aug 15, 2025 | Eco/Invest/Demography, Indian News, Policy

“We have decided to constitute a task force for next-generation reforms. This force will work within a set time-frame to align existing laws with the needs of the 21st century and prepare the nation to become ‘Viksit Bharat’ by 2047,” Prime...
GST rates to ‘substantially’ reduce by Diwali: Modi

GST rates to ‘substantially’ reduce by Diwali: Modi

by AIP Online Bureau | Aug 15, 2025 | Eco/Invest/Demography, Indian News, Policy

Prime Minister Narendra Modi addressing the nation on 79th Independence Day in New Delhi on Friday Analysts say, Modi’s statements on GST indicate that the much awaited GST reduction proposals in Health Insurance and Term life insurance policies, which is on...

by AIP Online Bureau | Aug 14, 2025 | Data, Eco/Invest/Demography, Risk Management, Technology, Wealth Management/ Philanthropy

Mumbai: Crypto exchange platform CoinDCX on Thursday said it has rolled out a nationwide financial literacy initiative with an investment of Rs 10 crore to empower every Indian with the knowledge to participate in the rapidly growing digital asset economy....
Swiss Re sets up task force to monitor tariff impact

Swiss Re sets up task force to monitor tariff impact

by AIP Online Bureau | Aug 14, 2025 | Eco/Invest/Demography, International News, Reinsurance, Risk Management

Chief Executive Officer Andreas Berger said he doesn’t see the tariffs directly affecting the reinsurance industry, but the task force aims to find out how there are indirect impacts from the levies. Swiss Re AG has set up a task force to see how the tariffs installed...
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