by AIP Online Bureau | Jan 16, 2025 | Indian News
During investigation, it was revealed that such individuals are employees of organisations operating in diverse fields including PSUs, big corporations, MNCs, LLPs, Private Ltd Companies, etc, sources said. Also, most of them who claimed wrongful deductions were...
by AIP Online Bureau | Jan 8, 2025 | Eco/Invest/Demography, Indian News, Policy
The possible changes involve simplifying the language and rationalizing information by using formulas and tables, and won’t include any adjustments to tax rates and policy, the people said New Delhi: India’s government plans to simplify its income tax filing rules to...
by AIP Online Bureau | Dec 20, 2024 | Eco/Invest/Demography, Health, Indian News, Life, Non-Life, Policy
A final decision of the insurance taxation under GST is likely on Saturday as most states are in favour of lowering taxes on premium. New Delhi: The GST Council, in its meeting on Saturday, is likely to decide on reducing tax rates on life and health insurance...
by AIP Online Bureau | Dec 1, 2024 | Eco/Invest/Demography, International News, Workplace/Employee Benefits
Prime Minister Keir Starmer and his finance minister Rachel Reeves – who say speeding up economic growth is their top priority – argue the move will allow them to spend more on public services including the National Health Service British employers have been caught...
by AIP Online Bureau | Aug 9, 2024 | Banking & Bancassurance, Data, Eco/Invest/Demography, Regulation, Technology
Mumbai: The Reserve Bank has decided to enhance the limit for tax payments through UPI from Rs 1 lakh to Rs 5 lakh per transaction, RBI Governor Shaktikanta Das announced on Thursday. “UPI has become the most preferred mode of payment, due to its seamless features....