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Indian govt brushes off Indian tax officers’ proposal for coronavirus tax on super rich

by AIP Online Bureau | Apr 26, 2020 | Eco/Invest/Demography, Indian News, Policy

MUMBAI: A group of Indian Revenue Service officers have recommended taxing the super rich, and foreign companies, to help pay for the coronavirus economic fallout, but the government brushed off the idea, saying it did not reflect official views.Some 50 officers of...

More coronaviruses looming large: Words of caution from China’s ‘bat woman’

by AIP Online Bureau | Apr 26, 2020 | Disaster & Management, Eco/Invest/Demography, Facts, Health

  Even after the world finds a way to combat the virus responsible for Covid-19, it should prepare for more outbreaks caused by bat-borne coronaviruses, warns a top virologist from China.   "We must find them before they find us," Shi Zhengli who...

Union Bank plans to lower stake in IndiaFirst Life to less than 10%

by AIP Online Bureau | Apr 26, 2020 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Life

Mumbai: Union Bank of India, which received 30 per cent stake in insurance joint venture IndiaFirst Life Insurance by virtue of the mega bank consolidation exercise of the government, plans to pare its holding to less than 10 per cent, a senior official said. Union...

Health secy Sudan gets 3-month extension, Tarun Bajaj appointed DEA Secretary

by AIP Online Bureau | Apr 26, 2020 | Eco/Invest/Demography, Health, Indian News

New Delhi: Union Health Secretary Preeti Sudan, who was due to superannuate on April 30, was given a three-month extension as part of a major top-level bureaucratic reshuffle effected by the central government today amid the coronavirus crisis.   The decision...

‘No move to reduce retirement age of govt employees’: MoS Jitendra Singh

by AIP Online Bureau | Apr 26, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News

  New Delhi: Minister of State for Prime Minister Office, Jitendra Singh clarified that central government is not reducing the age of government employees. While talking to ANI, Jitendra Singh said,   "There has been no such move at all at any level in...
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