by AIP Online Bureau | Dec 16, 2024 | Indian News, Life
As many as 3,72,282 policyholders did not claim maturity benefits during FY2024, Minister of State for Finance Pankaj Chaudhary said in a written reply to the Lok Sabha. During the previous year, he said, the amount worth Rs 815.04 crore belonging to 3,73,329...
by AIP Online Bureau | Nov 25, 2024 | Eco/Invest/Demography, Health, Indian News, Non-Life, Policy
Minister of State for Finance Pankaj Chaudhary informed the House that revenue generated from GST on healthcare and life insurance services was Rs 8,263 crore and Rs 8,135 crore, respectively during fiscal 2023-24, as against Rs 7,638 crore and Rs 9,132 crore in the...
by AIP Online Bureau | Jul 23, 2024 | Indian News, Non-Life, Policy, Reinsurance
Ministry of Finance is yet to receive any proposals on wage revision of employees of six general insurers from the GIPSA, the coordinating agency for PSU general insurers,Pankaj Chaudhary, minister of state, Ministry of Finance said in Lok Sabha on Monday New Delhi:...
by AIP Online Bureau | Feb 6, 2024 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy
Minister of State for Finance Pankaj Chaudhary further said the total number of individuals who reported income from ’Profession’ in AY 2023-24 stood at 12,218, up from 10,528 reported in AY 2022-23 New Delhi: The number of people earning above ₹1 crore annually has...
by AIP Online Bureau | Aug 2, 2023 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy
MSSC account may be opened by women of any age group including the girl child with a minimum deposit of Rs 1000 and a maximum deposit of Rs 2 lakhs for a period of two years New Delhi: Around 14.8 lakh accounts under Mahila Samman Savings Certificate Scheme have been...