by AIP Online Bureau | Mar 4, 2023 | Indian News, Policy
Finance Minister Nirmala Sitharaman Two years ago , the government had said it would privatise some PSU banks and one PSU insurance company but it seems they are no more government priorities now. The focus of the strategic disinvestment process in the coming year...
by AIP Online Bureau | Feb 10, 2023 | Eco/Invest/Demography, Indian News, Policy
Nirmala Sitharaman,Finance Minister Sitharaman said the new tax regime announced in the Budget is ”very attractive” as the tax exemption limit has been hiked to Rs 3 lakh, from Rs 2.5 lakh earlier. Besides, a standard deduction of Rs 50,000 too has been...
by AIP Online Bureau | Feb 2, 2023 | Eco/Invest/Demography, Indian News, Policy
Union Finance Minister Nirmala Sitharaman In what is being seen as a push for the salaried class to switch to the new tax regime where no exemptions on investments are provided, the finance minister in her Budget for 2023-24 allowed a standard deduction of Rs 50,000...
by AIP Online Bureau | Feb 2, 2023 | Eco/Invest/Demography, Health, Indian News, Non-Life, Policy
Among these central sector schemes, the budget allocation for the National Health Mission has been increased from Rs 28,974.29 crore in 2022-23 to Rs 29,085.26 crore in 2023-24, and for Pradhan Mantri Jan Arogya Yojna (PM-JAY), it has been hiked from Rs 6,412 crore to...
by AIP Online Bureau | Feb 1, 2023 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy
The postal monthly income scheme also saw an enhancement of limit. In a single name, Rs 9 lakh can be invested as compared to Rs 4.5 lakh now New Delhi: Union Finance Minister Nirmala Sitharaman Wednesday announced a ‘Mahila Samman Saving Certificate’ with...