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Budget-26-27:Allocation for PM-JAY raised 5.56% to ₹ 9,500 crore

Budget-26-27:Allocation for PM-JAY raised 5.56% to ₹ 9,500 crore

by AIP Online Bureau | Feb 1, 2026 | Eco/Invest/Demography, Health, Indian News, Non-Life, Policy

Nirmala Sitharaman,Finance minister Allied Health Professional Institutes in 10 key disciplines will be set up and upgraded to create nearly one lakh skilled professionals over the next five years, through public and private sector participation. Additionally, a...
Budget-26-27: Tax holiday for GIFT City businesses doubled to 20 years

Budget-26-27: Tax holiday for GIFT City businesses doubled to 20 years

by AIP Online Bureau | Feb 1, 2026 | Eco/Invest/Demography, Indian News, Policy, Reinsurance

`Post the expiry of tax holiday period, the business income shall be taxed as the lowest rate of 15%. This is a shot in the arm and provides great certainty for clients looking at setting up their base in GIFT City (including for all the global reinsurers,fund...
Budget-26-27:Sitharaman proposes Infra Risk Guarantee Fund to strengthen pvt developers’ risk management

Budget-26-27:Sitharaman proposes Infra Risk Guarantee Fund to strengthen pvt developers’ risk management

by AIP Online Bureau | Feb 1, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy, Risk Management

“To strengthen the confidence of private developers regarding risks during nfrastructure development and construction phase, I propose to set up an Infrastructure Risk Guarantee Fund to provide prudently calibrated partial credit guarantees to lenders,”...
Budget-26-27:Govt to set up high-level committee on banking for Viksit Bharat, bolster NBFCs

Budget-26-27:Govt to set up high-level committee on banking for Viksit Bharat, bolster NBFCs

by AIP Online Bureau | Feb 1, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Intermediaries, Policy

This group will review the entire banking system and suggest changes to support India’s next stage of economic growth. At the same time, it will focus on financial stability, inclusion, and protecting consumers, said Sitharaman while delivering her 9th consecutive...

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