by AIP Online Bureau | Sep 3, 2025 | Eco/Invest/Demography, Health, Indian News, Life, Policy, Workplace/Employee Benefits
The government had proposed completely exempting life and health insurance premium from Goods and Services Tax (GST), Bihar Deputy Chief Minister and convenor of insurance GoM Samrat Choudhary had said earlier. Health and term insurance premiums may become cheaper if...
by AIP Online Bureau | Aug 15, 2025 | Eco/Invest/Demography, Indian News, Policy
Nirmala Sitharaman, Union Finance minister With regard to reduction in slabs, the Centre has proposed moving towards simple tax with two slabs — standard and merit. Special rates would apply only on select few items. Currently, GST is a 4-tier structure of 5,...
by AIP Online Bureau | May 29, 2025 | International News, Non-Life, Reinsurance
The 1 June 2025 renewal reflects a market transitioning from disruption to disciplined recalibration. Whilst rate moderation continued, underwriting rigour persisted, especially in structurally challenged layers LONDON: Howden Re expected a continued moderation in...
by AIP Online Bureau | Feb 5, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy
The potential rate cut is coming after the domestic rate-setting panel has kept the policy repo rate unchanged for the last 11 consecutive meetings — after raising it by 250 bps between May 2022 and February 2023 New Delhi: The Reserve Bank of India (RBI), in...
by AIP Online Bureau | Sep 22, 2024 | Eco/Invest/Demography, Indian News, Policy
During the August meeting, the panel had tasked the fitment committee comprising tax officers from the Centre and states to analyse the implication of tax rate change on some items and gather more data New Delhi: The ministerial panel on GST rate rationalisation will...
