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Budget-2023-24:Sitharaman announces new savings scheme for women with 7.5% fixed interest rate for 2 years

Budget-2023-24:Sitharaman announces new savings scheme for women with 7.5% fixed interest rate for 2 years

by AIP Online Bureau | Feb 1, 2023 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy

The postal monthly income scheme also saw an enhancement of limit. In a single name, Rs 9 lakh can be invested as compared to Rs 4.5 lakh now New Delhi: Union Finance Minister Nirmala Sitharaman Wednesday announced a ‘Mahila Samman Saving Certificate’ with...
Budget-2023-24:No tax on income up to Rs 7 lakh, standard deduction allowed under new tax regime

Budget-2023-24:No tax on income up to Rs 7 lakh, standard deduction allowed under new tax regime

by AIP Online Bureau | Feb 1, 2023 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy, Workplace/Employee Benefits

Union Finance Minister Nirmala Sitharaman Sitharaman also allowed a Rs 50,000 standard deduction to taxpayers under the new regime, where assessees cannot claim deductions or exemptions on their investments She also tweaked the concessional tax regime, which was...
Budget- 2023-24: Infrastructure development capex hiked by 33 pc to Rs 10 lakh crore for 2023-24

Budget- 2023-24: Infrastructure development capex hiked by 33 pc to Rs 10 lakh crore for 2023-24

by AIP Online Bureau | Feb 1, 2023 | Eco/Invest/Demography, Indian News, Non-Life, Policy

Union Finance Minister Nirmala Sitharaman An expert committee will also be set up to make infrastructure classification and financing framework suitable for Amrit Kaal New Delhi:Finance Minister Nirmala Sitharaman on Wednesday announced hiking the capital expenditure...

47.8 cr Jan Dhan accounts opened: FM

by AIP Online Bureau | Feb 1, 2023 | Banking & Bancassurance, Data, Eco/Invest/Demography, Life, Non-Life

Pradhan Mantri Jan Dhan Yojana (PMJDY) is the national mission for financial inclusion to ensure access to financial services — savings and deposit accounts, remittance, credit, insurance and pension in an affordable manner. New Delhi: As many as 47.8 crore Jan...

Not US, UK Or China. the French are world’s worst workaholics: Survey

by AIP Online Bureau | Feb 1, 2023 | Facts, Workplace/Employee Benefits

Nearly four in ten French business leaders admit to working intense, long hours without regular breaks, well above the 25% global average and besting rates in the US, UK and China, the survey from health insurer Bupa Global found. Americans have popularized “hustle...

Depletion Amazon rainforest contribute to melting glaciers in the Himalayas and Antarctica

by AIP Online Bureau | Feb 1, 2023 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News

Deforestation in the Amazon, the world’s largest rainforest and home to a quarter of land species, reached its fastest pace in at least 15 years last year. Scientists have discovered a new atmospheric pathway that originates in the Amazon, runs along the South...
Sebi asks Digit insurance again to refile papers for its $440 million IPO

Sebi asks Digit insurance again to refile papers for its $440 million IPO

by AIP Online Bureau | Feb 1, 2023 | Indian News, Non-Life

It is the second such setback for Digit’s listing ambitions. In a Jan. 30 letter issued by the Securities and Exchange Board of India (SEBI) seen by Reuters, the regulator said it was returning Digit’s IPO papers because the company did not comply with regulations by...

FACTBOX-Later retirement, income guarantees: What’s in France’s pension reform?

by AIP Online Bureau | Feb 1, 2023 | Eco/Invest/Demography, International News, Pension & Social Security

From 2027, workers will have to make social security contributions over 43 years rather than 42 years in order to draw a full pension. The additional year was already foreseen in a 2014 reform but Macron is accelerating the pace of transition. Guaranteed minimum...

Adequate, affordable finance remains constraint in India’s climate actions: Eco Survey

by AIP Online Bureau | Jan 31, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News

As part of dedicated efforts to preserve ecosystems, India now has 75 Ramsar sites for wetlands, in addition to various regulatory and promotional measures to protect and conserve mangroves. Continued river conservation and rejuvenation efforts are underway through...
India’s nominal GDP to be USD 3.5 trillion by end-March: Eco Survey

India’s nominal GDP to be USD 3.5 trillion by end-March: Eco Survey

by AIP Online Bureau | Jan 31, 2023 | Eco/Invest/Demography, Indian News, Policy

V. Anantha Nageswaran,Chief Economic Adviser Further support to economic growth will come from the expansion of public digital platforms and path-breaking measures such as PM GatiShakti, the National Logistics Policy and the Production-Linked Incentive schemes to...
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