by AIP Online Bureau | Feb 1, 2020 | Eco/Invest/Demography, Facts
For every rupee in the government coffer, 64 paise will come from direct and indirect taxes, while states' share of taxes and duties is the single-largest expense head accounting for 20 per cent of the total spending, Budget documents showed. ...
by AIP Online Bureau | Feb 1, 2020 | Eco/Invest/Demography, Indian News, Life, Policy
New Delhi: As part of government's plans, Finance Minister Nirmala Sitharaman, while presenting Budget 2020 on Saturday, proposed to sell a part of its holding in largest insurer Life Insurance Corporation (LIC) via initial public offer (IPO). ...
by AIP Online Bureau | Feb 1, 2020 | Uncategorized
New Delhi: As a part of the government's disinvestment initiative.Finance Minister Nirmala Sitharaman said that the government proposes to sell a part of its holding in LIC by initial public offering(ipo). "The government proposes to sell a...
by AIP Online Bureau | Feb 1, 2020 | Eco/Invest/Demography, Indian News, Pension & Social Security
New Delhi: Finance Minister Nirmala Sitharaman has proposed to make amendments for separation of government pension trust from the PFRDA to strengthen the pension fund regulatory body. "Necessary amendments would be carried out in the Pension Fund...
by AIP Online Bureau | Feb 1, 2020 | Eco/Invest/Demography, Health, Indian News
New Delhi: Finance Minister Nirmala Sitharaman, who has presented her second Union Budget in Parliament today, has hiked insurance cover on deposists by Deposit Insurance and Credit Guarantee Corporation (DICGC) to Rs 500,000 lakh from Rs 100,000. ...