by AIP Online Bureau | Jul 27, 2026 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy
The objective of the guidance note on crypto asset reporting obligations is to bridge the information gap that existed because such assets could be transferred or held outside the traditional financial system. The Central Board of Direct Taxes (CBDT) has issued a...
by AIP Online Bureau | Nov 17, 2025 | Eco/Invest/Demography, Indian News, Life, Policy
Ratnakar Patnaik,managing director,LIC, appealed to the government for a review into the three-year-old policy of taxing maturity proceeds for policies with premium of over Rs 5 lakh. “Is it time to upgrade or revise upwards to up to Rs 10 lakh, the maturity...
by AIP Online Bureau | Nov 9, 2025 | Briefs, Intermediaries, Non-Life, Reinsurance
Willis, a WTW business, appointed Vijay Nair as Head of Tax Insurance for Asia Pacific (APAC), based in Singapore. In this newly created role, Vijay will lead the growth of Willis’ tax insurance business across APAC, drive the execution of its M&A tax strategy and...
by AIP Online Bureau | Aug 31, 2025 | Eco/Invest/Demography, Indian News, Policy
Motor vehicle tax is compensatory in nature. It has a direct nexus with the end use. The rationale for levy of motor vehicle tax is that a person who is using public infrastructure, such as, roads, highways etc. has to pay for such usage,” the apex court said....
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...
