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Finance minister to start pre-Budget consultation with various stakeholders from Dec 6

Finance minister to start pre-Budget consultation with various stakeholders from Dec 6

by AIP Online Bureau | Dec 4, 2024 | Eco/Invest/Demography, Indian News, Policy

Finance Minister Nirmala Sitharaman The pre-Budget consultation will end on December 30 with consultations with captains of Indian industry and players in the social sector, especially education and health. In between, meetings are scheduled with trade unions,...

LS passes Banking Laws (Amendment) Bill allowing 4 nominees in bank accounts

by AIP Online Bureau | Dec 3, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy

Today, PSU banks have Rs 2.37 lakh crore deposited in the PM Jan Dhan Accounts. In 2014, the average balance of the PM Jan Dhan Accounts was Rs 1,065. It has now increased to Rs 4,397. The Banking Laws (Amendment) Bill, 2024, proposes to allow a bank account holder to...
Sitharaman responds to X user seeking relief for middle class

Sitharaman responds to X user seeking relief for middle class

by AIP Online Bureau | Nov 17, 2024 | Eco/Invest/Demography, Indian News, Policy

“PM @narendramodi’s government is a responsive government. Listens and attends to people’s voices. Thanks once again for your understanding. Your input is valuable,” Sitharaman replied to the user on X New Delhi: Finance Minister Nirmala...
Next GST Council meet on Dec 21-22, Decision on lower GST rate on health and life insurance

Next GST Council meet on Dec 21-22, Decision on lower GST rate on health and life insurance

by AIP Online Bureau | Nov 12, 2024 | Eco/Invest/Demography, Health, Indian News, Life, Non-Life

Union Finance Minister Nirmala Sitharaman The 55th GST Council meeting would be held during one of these two days in which the much awaited decision on exemption or lower GST rate on health and life insurance would be taken New Delhi: Union Finance Minister Nirmala...
Finance minister to start pre-Budget consultation with various stakeholders from Dec 6

Nothing stops pvt sector from coming and doing business In India: Nirmala Sitharaman

by AIP Online Bureau | Oct 26, 2024 | Eco/Invest/Demography, Indian News, Policy, Regulation

Nirmala Sitharaman,Union Finance Minister When asked about prospects for private sector engagement, particularly in banking and insurance, Sitharaman responded, “Nothing stops them from coming and doing business. There are actually many private banks already in...
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