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Digital Personal Data Protection Bill, 2023 passed in Lok Sabha

by AIP Online Bureau | Aug 7, 2023 | Indian News, Policy, Regulation, Technology

“Villages and rural areas are getting connected with digital journey. The Bill has been introduced to give rights, provide security and privacy to the people. This Bill has been introduced after having it discussed in a series of Parliamentary committee...

China’s projected population more than that of India as on July 1 this year, Centre tells Lok Sabha

by AIP Online Bureau | Jul 26, 2023 | Data, Eco/Invest/Demography, Policy

“By the end of this month, India’s population is expected to reach 1,425,775,850 people,” Government it had said in a tweet New Delhi: The government informed the Lok Sabha on Tuesday that projected population of India on July 1 this year is less...
Lok Sabha passes Finance Bill; no relief for life insurers on taxing policies with premium over Rs 5 lakhs

Lok Sabha passes Finance Bill; no relief for life insurers on taxing policies with premium over Rs 5 lakhs

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...

Goyal introduces Jan Vishwas bill in Lok Sabha to decriminalise minor offences in 42 Acts

by AIP Online Bureau | Dec 23, 2022 | Eco/Invest/Demography, Indian News, Policy

Besides the decriminalisation of minor offences, the bill envisages the rationalisation of monetary penalties, depending on the gravity of the offence, bolstering trust-based governance New Delhi: Commerce and industry Minister Piyush Goyal on Thursday in Lok Sabha...
IRDAI is yet to take any decision on “disclosure of commission on the policy document”:Minister Karad

IRDAI is yet to take any decision on “disclosure of commission on the policy document”:Minister Karad

by AIP Online Bureau | Aug 9, 2022 | Indian News, Intermediaries, Non-Life, Regulation

Bhagwat Karad, minister of state, ministry of finance IRDAI has informed that they have not received any complaint raising the issue of difficulties faced by individual agents of public general insurance due to cut and pay system of some private insurers who offer...
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