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Govt plans to simplify its income tax filing rules in new Budget

by AIP Online Bureau | Jan 8, 2025 | Eco/Invest/Demography, Indian News, Policy

The possible changes involve simplifying the language and rationalizing information by using formulas and tables, and won’t include any adjustments to tax rates and policy, the people said New Delhi: India’s government plans to simplify its income tax filing rules to...
Explainer: Draft DPDP Rules 2025 aim to protect citizens’ data

Explainer: Draft DPDP Rules 2025 aim to protect citizens’ data

by AIP Online Bureau | Jan 8, 2025 | Articles, Eco/Invest/Demography, Policy, Regulation, Technology

The Act provides consent-based personal data processing by digital platforms. This means digital platforms will have to inform and get consent from people in English or any of the 22 Indian languages listed in the Constitution, in the language of their choice. Digital...
Data protection rules may be refined further to protect children: Vaishnaw

Data protection rules may be refined further to protect children: Vaishnaw

by AIP Online Bureau | Jan 7, 2025 | Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management, Technology

“We will refine it (DPDP Rules) further to take the power of technology to children while saving them from many harm,” Vaishnaw said. New Delhi: The Digital Personal Data Protection Rules will be refined further to connect children with technology while...
Modified scheme to provide cashless treatment for road accident victims nationwide: Gadkari

Modified scheme to provide cashless treatment for road accident victims nationwide: Gadkari

by AIP Online Bureau | Jan 7, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Policy, Regulation, Technology

“The broad contours of the pilot programme are — victims entitled to cashless treatment up to a maximum of Rs 1.5 lakh per accident per person for a maximum period of 7 days from date of the accident,” Nitin Gadkari said while addressing a press...
Fintechs urged to innovate, comply: DFS Secy

Fintechs urged to innovate, comply: DFS Secy

by AIP Online Bureau | Jan 7, 2025 | Workplace/Employee Benefits

M Nagaraju,Secretary, Department of Financial Services The RBI also informed that various initiatives have been taken at their end, including developing an emerging tech and Fintech Repository for capturing baseline information in a secured and confidential manner and...
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