by AIP Online Bureau | Feb 3, 2025 | Eco/Invest/Demography, Health, Indian News, Life, Non-Life, Policy
Finance Minister has already given her approval and announced in the Budget. Now we will prepare a draft bill with the help of the law ministry. Thereafter, the draft bill will be sent to the Cabinet for approval. The intent of the DFS is to get the bill introduced...
by AIP Online Bureau | Feb 2, 2025 | Eco/Invest/Demography, Indian News, Policy, Regulation, Wealth Management/ Philanthropy
“More than one or two jurisdictions have changed their stance towards cryptocurrency in terms of the usage, their acceptance, where do they see the importance of crypto assets. In that stride, we are having a look at the discussion paper once again,”...
by AIP Online Bureau | Feb 2, 2025 | Eco/Invest/Demography, Indian News, Policy, Wealth Management/ Philanthropy
Ravi Agrawal,Chairman, CBDT As per current data, about 74-75 per cent of individual taxpayers have moved to the new tax regime that was brought in by the government a few years back New Delhi: The Budget announcement of zero tax for earnings upto Rs 12 lakh per annum...
by AIP Online Bureau | Feb 2, 2025 | Eco/Invest/Demography, Indian News, Regulation, Risk Management, Technology
This initiative will enable investors to verify the authenticity of the UPI ID they are transferring money to, through robust KYC (Know Your Customer) due diligence. This measure is designed to combat the growing threat of digital fraud, ensuring that investors can...
by AIP Online Bureau | Feb 2, 2025 | Eco/Invest/Demography, Indian News, Policy, Regulation
Finance Minister Nirmala Sitharaman “We have heard the voice of middle class” who had been complaining about their aspirations not being met despite being honest taxpayers, Sitharaman said in an interview with news agency New Delhi: It is a very positive and...