by AIP Online Bureau | Mar 26, 2023 | Banking & Bancassurance, Eco/Invest/Demography, Indian News
Nirmala Sitharaman,Union Finance Minister The finance minister underlined that PSBs must look at business models closely to identify stress points, including concentration risks and adverse exposures, the statement said, adding that she also exhorted PSBs to use this...
by AIP Online Bureau | Mar 26, 2023 | Eco/Invest/Demography, Indian News, Non-Life
An ITA spokesman said climate change is also threatening the long-term viability of tea industry, which is also causing increasing pest infestations making pesticide residue management surfacing as a major challenge. Kolkata: Leading planters body Indian Tea...
by AIP Online Bureau | Mar 26, 2023 | Indian News, Non-Life, Reinsurance
Narendra Singh Tomar,Union Agriculture minister ”Since 2016, nearly Rs 25,252 crore were paid by farmers as their share of premium against which claims of over Rs 1,30,015 crore (provisional) have been paid to them. Thus, for every Rs 100 of premium paid by...
by AIP Online Bureau | Mar 25, 2023 | Eco/Invest/Demography, Indian News, Policy
Among other proposals, the bill has proposed that from April 1, investments in debt mutual funds will be taxed as short-term capital gains. The move would strip investors of the long term tax benefits that had made such investments popular. New Delhi: The changes...
by AIP Online Bureau | Mar 24, 2023 | Eco/Invest/Demography, Indian News, Policy
Finance Minister Nirmala Sitharaman while presenting the 2023/24 budget on Feb. 1, had proposed that the government would scrap the tax exemption on the total returns upon maturity of life insurance policies if their aggregate premium exceeded Rs 500,000 ($6,103) The...
