by AIP Online Bureau | Feb 1, 2025 | Eco/Invest/Demography, Indian News, Policy, Wealth Management/ Philanthropy
Finance Minister Nirmala Sitharaman In the new tax regime, the revised tax rate structure is Rs 0-4 lakh (zero tax), Rs 4-8 lakh (5 per cent), Rs 8-12 lakh (10 per cent), Rs 12-16 lakh (15 per cent), Rs 16-20 lakh (20 per cent), Rs 20-24 lakh (25 per cent), and above...
by AIP Online Bureau | Oct 25, 2024 | Data, Eco/Invest/Demography, Policy, Wealth Management/ Philanthropy
“Our analysis shows that there has been a cumulative 74.2% decline in income disparity coverage for those earning up to Rs 5 lakh. This shows the continuous efforts of Govt are reaching the bottom of pyramid that is leading to increase in income of ‘lower...
by AIP Online Bureau | Sep 11, 2024 | Eco/Invest/Demography, Health, Indian News, Non-Life, Reinsurance
This aims to benefit approximately 4.5 crore families with six crore senior citizens with Rs 5 Lakh free health insurance cover on a family basis New Delhi: The Union Cabinet, chaired by the Prime Minister Narendra Modi, has approved the health coverage to all the...
by AIP Online Bureau | Aug 24, 2024 | Banking & Bancassurance, Data, Eco/Invest/Demography, Wealth Management/ Philanthropy
The report added that for now, however, the decline in real HH income, which accounts for 78 percent of GDP, suggests that any recovery will be gradual at best. This will likely continue to weigh on real GDP growth and present challenges for the banking sector New...
by AIP Online Bureau | Jul 31, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Policy
Investors have said they want to know whether assets will retain their value going forward as climate change impairs them, such as through flood damage London: The IASB launched a consultation on Wednesday on proposed guidance for companies to apply the board’s...
