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Budget 2026–27:Interest awarded by MACT to a natural person exempted from income tax

Budget 2026–27:Interest awarded by MACT to a natural person exempted from income tax

by AIP Online Bureau | Feb 1, 2026 | Eco/Invest/Demography, Health, Indian News, Non-Life, Reinsurance

The tax holiday period on business income earned by a unit in International Financial Services Centre has been increased from 10 to 20 years (out of a block of 25 years. The FM also proposed to set up five hubs for medical tourism and a Rs 10,000-crore outlay for...
India’s economy projected to grow at 6.8 to 7.2 pc in FY27: Economic Survey

India’s economy projected to grow at 6.8 to 7.2 pc in FY27: Economic Survey

by AIP Online Bureau | Jan 29, 2026 | Eco/Invest/Demography, Indian News

The growth projection has taken into consideration the cumulative impact of policy reforms over recent years that appear to have lifted the economy’s medium-term growth potential closer to 7 per cent New Delhi: The Economic Survey on Thursday projected the GDP growth...
India’s economy projected to grow at 6.8 to 7.2 pc in FY27: Economic Survey

Capital infusion has helped 3 PSU general insurance cos to improve their business performance, says Sitharaman

by AIP Online Bureau | Dec 18, 2025 | Eco/Invest/Demography, Health, Indian News, Non-Life

“The capital infusion was meant to build their business and strengthen them. So as a result of these, the performance of all these companies has started improving and their losses have come down. In fact, two of the three companies in which capital was infused...
Parliament passes Insurance Amendment Bill, 2025,paves the way for 100% FDI in insurance cos

Parliament passes Insurance Amendment Bill, 2025,paves the way for 100% FDI in insurance cos

by AIP Online Bureau | Dec 17, 2025 | Eco/Invest/Demography, Indian News, Life, Non-Life, Regulation, Reinsurance

Nirmala Sitharaman,Finance Minister The Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Bill, 2025, was cleared by the Rajya Sabha with a voice vote, a day after it was passed by the Lok Sabha Finance Minister Nirmala Sitharaman cited data saying jobs in the...
Parliament passes Insurance Amendment Bill, 2025,paves the way for 100% FDI in insurance cos

100% FDI:Lok Sabha passes Insurance Amendment Bill in one day

by AIP Online Bureau | Dec 16, 2025 | Eco/Invest/Demography, Health, Indian News, Life, Non-Life, Regulation, Reinsurance

Finance minister Sitharaman, while speaking in the Lok Sabha, said, “IRDAI being empowered to disgorge wrongful gains made by insurers and distribute them to affected insurance policyholders.We are asking regulators to rationalise the penalty.” The government is yet...
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