by AIP Online Bureau | Feb 11, 2022 | Eco/Invest/Demography, Indian News, Policy, Technology, Wealth Management/ Philanthropy
Finance Minister Nirmala Sitharaman said, “I am not going to legalise it or ban it at this stage. Banning or not banning will come subsequently, when consultations give me input”. About the profit emanating from transactions in cryptocurrencies, she stated...
by AIP Online Bureau | Feb 2, 2022 | Indian News, Pension & Social Security, Policy
”This is a significant announcement to bring state government employees on par with the central government employees and this will help state government employees getting extended social security benefits in line with their counterparts in the union...
by AIP Online Bureau | Jan 30, 2022 | Eco/Invest/Demography, Indian News, Policy
Finance Minister Nirmala Sitharaman In the Budget 2020-21, around 70 exemptions and deductions of different nature were removed. The finance minister had announced that the “remaining exemptions and deductions will be reviewed and rationalised in the coming...
by AIP Online Bureau | Jan 17, 2022 | Eco/Invest/Demography, Facts, Health, Policy, Wealth Management/ Philanthropy
If each of the 10 richest Indian billionaires were to spend USD one million daily, it would take them 84 years to exhaust their current wealth, while an annual wealth tax applied to multi-millionaires and billionaires would raise USD 78.3 billion a year that would be...
by AIP Online Bureau | Dec 12, 2021 | Eco/Invest/Demography, Health, Indian News
”Tobacco industry in India has been virtually enjoying an extended tax-free season on tobacco products over the past four years since the introduction of the GST as there hasn’t been any major increase in tobacco taxation during this time. This has made...