by AIP Online Bureau | Dec 2, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy
Replying to a question in the Rajya Sabha on whether the government has plans to disinvest four PSBs or to merge with larger banks by 2026, Minister of State for Finance, Pankaj Chaudhary, said: “Presently, no proposal on merger or disinvestment of Public Sector...
by AIP Online Bureau | Nov 27, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy
Unclaimed financial assets such as insurance policy claims, bank deposits, dividends, shares, and income from mutual funds often remain unclaimed due to a lack of awareness or outdated account details New Delhi: The Secretary of the Department of Financial Services,...
by AIP Online Bureau | Aug 18, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Life, Non-Life, Policy
Pankaj Chaudhary,Minister of State for Finance According to the minister, to streamline access, the government has also launched a Jansuraksha portal with detailed information on the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) and the Pradhan Mantri Suraksha Bima...
by AIP Online Bureau | Aug 4, 2025 | Eco/Invest/Demography, Indian News, Policy, Wealth Management/ Philanthropy
The Finance Act, 2025, has increased the income threshold for claiming a tax rebate under section 87A of the Income Tax Act, 1961 for resident individual taxable under the new tax regime under section 115 BAC of the Act from Rs 7 lakh to Rs 12 lakh, and the maximum...
by AIP Online Bureau | Jul 27, 2025 | Eco/Invest/Demography, Indian News, Policy
Pankaj Chaudhary, Minister of State of Finance Pankaj Chaudhary, Minister of State of Finance, said in the Rajya Sabha that “there is no recommendation of levying GST on UPI transactions of over Rs 2.000 from the GST Council”. New Delhi: The government has...
