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LIC presents dividend cheque of Rs 1,831 cr to FM

LIC presents dividend cheque of Rs 1,831 cr to FM

by AIP Online Bureau | Sep 14, 2023 | Indian News, Life

(L to R) M P Tangirala, additional secretary, Dept of Financial Services, Nirmala Sitharaman, Union Finance Minister, Siddhartha Mohanty, chairman, LIC, M Jagannath,MD, LIC The corporation had a total premium income of Rs 4,74,005 crore and a net profit of Rs...
FM asks financial entities to ensure customers nominate heirs

FM asks financial entities to ensure customers nominate heirs

by AIP Online Bureau | Sep 5, 2023 | Indian News, Policy, Technology

Union Finance Minister Nirmala Sitharaman asked fintech companies to invest in cybersecurity and said that trust is very important Mumbai: India’s financial ecosystem has made a giant stride from being conventional to fintech-driven and the new solutions have...
Jan Dhan Yojana revolutionised financial inclusion in India, more than 50 cr bank a/cs opened: FM

Jan Dhan Yojana revolutionised financial inclusion in India, more than 50 cr bank a/cs opened: FM

by AIP Online Bureau | Aug 28, 2023 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Non-Life, Policy

Nirmala Sitharaman,Union Finance Minister Some of the features of PMJDY are, one Basic Savings Bank Deposit (BSBD) account to every unbanked adult, overdraft limit of Rs 10,000, and a free Rupay debit card with inbuilt accident insurance cover of Rs 2 lakh (Rs 1 lakh...
Focus on infra, investment, innovation, inclusiveness to make India developed nation by 2047: FM

Focus on infra, investment, innovation, inclusiveness to make India developed nation by 2047: FM

by AIP Online Bureau | Jul 31, 2023 | Eco/Invest/Demography, Indian News, Policy, Technology

Union Finance Minister Nirmala Sitharaman said, infrastructure is not just going to be physical such as bridges, roads, ports or airports, but also creation of digital infrastructure is given importance New Delhi: Finance Minister Nirmala Sitharaman on Saturday said...
Jan Dhan Yojana revolutionised financial inclusion in India, more than 50 cr bank a/cs opened: FM

7.40 crore filed IT returns in 2022-23, 5.16 crore declared zero tax liability: Sitharaman

by AIP Online Bureau | Jul 24, 2023 | Eco/Invest/Demography, Indian News

As per the return filing data shared by Sitharaman, the number of persons who filed income tax returns during the last four years has shown an increase. Over 7.40 crore ITRs were filed in 2022-23, of which over 5.16 crore had zero tax liability New Delhi: Number of...
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