by AIP Online Bureau | Aug 16, 2025 | Eco/Invest/Demography, Indian News, Policy
“What we have suggested is a ‘Next Gen GST’ keeping the needs of the middle class, poor, farmers, and MSMEs in mind. Also, it has been ensured that tax on daily use items are low,” the official told PTI New Delhi: Describing the proposed GST tax reforms as ‘Next Gen...
by AIP Online Bureau | Aug 16, 2025 | Intermediaries, International News, Technology
The lawsuit claims Aon “ignored red flags” about letters of credit and encouraged counterparties to work with Vesttoo despite expressing concerns internally about the business. The trustee, Lawrence Hirsh, alleges the insurance broker partnered with Vesttoo in an...
by AIP Online Bureau | Aug 15, 2025 | Eco/Invest/Demography, Indian News, Policy, Risk Management
While essential food items, medicines and education will continue to be taxed at zero rate in the proposed revamped GST regime, 99 per cent of items in the current 12 per cent slab will move to the 5 per cent bracket. Services will continue to be charged at 18 per...
by AIP Online Bureau | Aug 15, 2025 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Health, International News, Risk Management
The fifth round of negotiations on the plastics treaty (INC-5.2) in Geneva was part of efforts launched in 2022 to address what the United Nations calls a “plastic pollution crisis” that threatens oceans, wildlife, human health and the climate. Scientists...
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 | Aug 15, 2025 | Eco/Invest/Demography, Indian News, Policy
“We have decided to constitute a task force for next-generation reforms. This force will work within a set time-frame to align existing laws with the needs of the 21st century and prepare the nation to become ‘Viksit Bharat’ by 2047,” Prime...
by AIP Online Bureau | Aug 15, 2025 | Eco/Invest/Demography, Indian News, Policy
Prime Minister Narendra Modi addressing the nation on 79th Independence Day in New Delhi on Friday Analysts say, Modi’s statements on GST indicate that the much awaited GST reduction proposals in Health Insurance and Term life insurance policies, which is on...
by AIP Online Bureau | Aug 14, 2025 | Data, Eco/Invest/Demography, Risk Management, Technology, Wealth Management/ Philanthropy
Mumbai: Crypto exchange platform CoinDCX on Thursday said it has rolled out a nationwide financial literacy initiative with an investment of Rs 10 crore to empower every Indian with the knowledge to participate in the rapidly growing digital asset economy....
by AIP Online Bureau | Aug 14, 2025 | Eco/Invest/Demography, International News, Reinsurance, Risk Management
Chief Executive Officer Andreas Berger said he doesn’t see the tariffs directly affecting the reinsurance industry, but the task force aims to find out how there are indirect impacts from the levies. Swiss Re AG has set up a task force to see how the tariffs installed...
by AIP Online Bureau | Aug 14, 2025 | Eco/Invest/Demography, International News, Pension & Social Security, Regulation
The lawsuit comes after an Australian Securities and Investments Commission report criticized leadership across the A$4.1 trillion pensions industry for fostering a culture of poor customer service, outlining 34 recommendations for reform. The regulator has also taken...
