by AIP Online Bureau | Oct 11, 2023 | Indian News, Life, Policy, Regulation
The Jammu & Kashmir GST authority has calculated the pending dues of the LIC saying the corporation has paid taxes at 12% instead of 18 % on certain invoices Mumbai: Life Insurance behemoth Life Insurance Corporation(LIC) on Wednesday said it has received a demand...
by AIP Online Bureau | Sep 14, 2023 | Eco/Invest/Demography, Health, Indian News
Nitin Gadkari ,union minister, Ministry of road, transport and highway “I am not against diesel fuel and neither we are going to levy any tax on diesel vehicles,” Gadkari told CNBC-TV18. On September 12, speaking at the annual convention of automobile...
by AIP Online Bureau | Jun 28, 2023 | Eco/Invest/Demography, Indian News, Policy, Reinsurance, Technology
The Finance Ministry has also deferred by three months the implementation of a higher Tax Collected at Source (TCS) rate of 20 per cent on expenditures made under LRS and overseas tour packages till September 30 New Delhi: The government on Wednesday dropped plans to...
by AIP Online Bureau | Feb 27, 2023 | Articles, Eco/Invest/Demography, Pension & Social Security, Wealth Management/ Philanthropy, Workplace/Employee Benefits
An impending challenge employees or workers may face in India, is the risk of inadequate pension arrangements after retirement from work. As a fallout, individuals may either be required to put severe curbs on their post-retiral expenses or continue working beyond the...
by AIP Online Bureau | Feb 10, 2023 | Eco/Invest/Demography, Indian News, Policy
Nirmala Sitharaman,Finance Minister Sitharaman said the new tax regime announced in the Budget is ”very attractive” as the tax exemption limit has been hiked to Rs 3 lakh, from Rs 2.5 lakh earlier. Besides, a standard deduction of Rs 50,000 too has been...
