by AIP Online Bureau | Mar 28, 2025 | Eco/Invest/Demography, Policy
“But, here we wanted to use this opportunity to show our respect for Indian taxpayer. We have moved towards setting Rs 12 lakh as threshold up to which no one will have to pay any tax,” Finance Minister Nirmala Sitharaman said New Delhi: The Rajya Sabha on...
by AIP Online Bureau | Mar 25, 2025 | Eco/Invest/Demography, Indian News, Policy, Wealth Management/ Philanthropy
The simplification exercise was guided by three core principles which include textual and structural simplification for improved clarity and coherence, ensuring continuity and certainty with no major tax policy changes and no modifications of tax rates to preserve...
by AIP Online Bureau | Mar 8, 2025 | Eco/Invest/Demography, Indian News, Life, Non-Life, Policy, Regulation
Nirmala Sitharaman, Union Finance Minister Responding to a question ’ on whether it is time to rationalise GST rates and slabs, Sitharaman said ”that work has almost reached a finale”. Mumbai: In an Indication that the GST rates on Health Insurance and Term Life...
by AIP Online Bureau | Feb 25, 2025 | Eco/Invest/Demography, Health, Indian News, Life, Non-Life
On Tuesday, senior officials Ministry of Finance, Insurance Regulatory Development and Authority(IRDA) and insurers had met in Delhi to finalise the GST cut proposals before they are sent to GST Council, headed by Finance Minister Nirmala Sithraman that will take a...
by AIP Online Bureau | Feb 22, 2025 | Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management, Technology
Nirmala Sitharaman, Union Finance Minister The country recorded 3 billion AI-related app downloads in 2024, while the US and China had only 1.5 billion and 1.3 billion downloads, respectively Kottayam (Kerala): Union Finance Minister Nirmala Sitharaman on Saturday...