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New Income Tax Bill set to be tabled in Parliament next week

by AIP Online Bureau | Feb 9, 2025 | Eco/Invest/Demography, Indian News, Policy, Regulation, Wealth Management/ Philanthropy

Before the Income Tax Bill was cleared by the Cabinet, people in the know said that the legislation would likely provide directions to widen the tax net, given the contraction in the tax base following the exemption limit being raised to Rs 12 lakh in the Union Budget...
Draft bill seeking 100 pc FDI in insurance to be sent for Cabinet nod soon: DFS Secretary

Draft bill seeking 100 pc FDI in insurance to be sent for Cabinet nod soon: DFS Secretary

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...
California lawmakers pass AI safety bill

California lawmakers pass AI safety bill

by AIP Online Bureau | Aug 29, 2024 | Eco/Invest/Demography, International News, Policy, Regulation, Risk Management, Technology

The bill requires developers of large “frontier” AI models to take precautions such as pre-deployment testing, simulating hacker attacks, installing cyber security safeguards, and providing protection for whistleblowers At least 40 states have introduced...
Bill introduced in LS to replace 90-year-old Aircraft Act

Bill introduced in LS to replace 90-year-old Aircraft Act

by AIP Online Bureau | Jul 31, 2024 | Eco/Invest/Demography, Indian News, Non-Life, Policy, Regulation, Reinsurance

The bill includes provisions to regulate the design and manufacturing of aircraft, supporting the Atmanirbhar Bharat initiative for self-reliance New Delhi: A bill was introduced in the Lok Sabha on Wednesday to overhaul India’s civil aviation regulations by...

South Africa’s Ramaphosa to sign health insurance bill into law just before electio

by AIP Online Bureau | May 13, 2024 | Eco/Invest/Demography, Health, International News, Non-Life, Policy

The law aims to provide healthcare to millions of poor citizens in a major overhaul of a two-tier system, which still reflects deep racial and social inequalities three decades after the end of white minority rule. Johannesburg: South Africa’s President Cyril...
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