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Budget 2025: FDI Limit For Insurance Sector Raised To 100%
Finance Minister Nirmala Sitharaman, in her Budget speech today, announced raising FDI limits for insurance for insurance sector from 74 per cent to 100 per cent, though with certain restrictions.
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5 Things to Know About Key Technology-Related Announcements From the Union Budget 2025
Finance Minister Nirmala Sitharaman announced new measures as part of the Union Budget 2025, including expanded broadband for government schools, a boost for local manufacturing of components, and insurance for nearly 1 crore gig workers. Loan limits under the PM Swanidhi scheme will increase, and a new Rs. 30,000 credit card linked to the NPCI's U...
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"Drama": Finance Minister Rubbishes Objections To Tax On Insurance Premium
Union finance minister Nirmala Sitharaman, targetted by her critics over the 18 per cent GST on life and medical insurance premiums, retorted today that leaders having objection should first have consulted their state finance ministers.
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"Anti-People In Nature": Mamata Banerjee On Budget Move To Tax Insurance
West Bengal Chief Minister Mamata Banerjee has urged the BJP-led central government to withdraw GST on life and medical insurance premiums, saying that it adversely affects people's ability to take care of their vital needs.
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"Tax On Life's Uncertainties": Nitin Gadkari's Letter To Nirmala Sitharaman
Amid criticism of Budget 2024 from several quarters, Union Minister and senior BJP leader Nitin Gadkari has written to Finance Minister Nirmala Sitharaman, requesting her to withdraw the GST imposed on premiums for life and medical insurance plans.
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Union Budget 2024: Insurers Expect More Tax Benefits For Health Insurance
More tax benefits for health insurance under the new tax regime, relaxation in payment norms for MSMEs and incentives for the agri-tech sector are among the stakeholders' expectations from the first budget of the Modi 3.0 government.
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Every Indian Over Age Of 70 To Get Free Healthcare Under Government Scheme
Every Indian citizens aged above 70 years will be provided free treatment under the Ayushman Bharat health insurance scheme, President Droupadi Murmu said today.
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Income Tax: Know About The Rules Coming Into Effect From April 1
The new tax regime will have none of the usual exemptions on insurance premium, mutual funds and other such investments.
-
E Shinde's 1st Budget For Maharashtra Prioritises Aid For Farmers, Women
The Eknath Shinde-led Maharashtra government on Thursday presented its maiden Budget for 2023-24, in which it proposed Rs 6,000 assistance to farmers and Re 1 crop insurance scheme while also offering relief in professional tax to working women.
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5 Sports Bikes You Can Get Under Rs. 1.5 Lakh In the Pre-Owned Space
Thinking of buying a sports bike but fazed by budget issues? Then check out the used two-wheeler market for the best deals. Here are five bikes that you can consider.
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5 Benefits Of Buying A Used Premium Motorcycle
If you are looking for a premium motorcycle on a budget, then going for a pre-owned bike can be the most practical and economical option for you. And here are 5 major benefits of buying a used motorcycle.
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India Doubles Healthcare Spending, More FDI Allowed In Insurance
India proposed doubling healthcare spending in an annual budget unveiled on Monday and lifted caps on foreigners investing in its vast insurance market to help revive an economy that suffered its deepest recorded slump as a result of the pandemic.
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Budget 2021 Live Updates: Budget Focuses On Health And Farmers, Seniors Above 75 Get Relief
Finance Minister Nirmala Sitharaman addressed parliament today with details of the Union Budget 2021, the first after a difficult year for the economy due to the COVID-19 pandemic. She announced foreign direct investment (FDI) hike in insurance to 74 per cent from 49 per cent with foreign control under safeguards.
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Centre's Insurance Scheme Not For Nurses In Non-Covid Patient Care: Court
The Delhi High Court today said nurses not dealing with COVID-19 patients cannot be included in the Pradhan Mantri Garib Kalyan Yojana, which provides for a Rs 50 lakh insurance cover to frontline health workers, as doing so might affect the very budget of the scheme.
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"Centre Attempting To Promote Privatisation": Sena On Budget Plan For LIC
The centre is making an attempt to promote privatisation by announcing the disinvestment of the Life Insurance Corporation (LIC) and IDBI Bank, Shiv Sena has said in its mouthpiece.
-
Budget 2025: FDI Limit For Insurance Sector Raised To 100%
Finance Minister Nirmala Sitharaman, in her Budget speech today, announced raising FDI limits for insurance for insurance sector from 74 per cent to 100 per cent, though with certain restrictions.
-
5 Things to Know About Key Technology-Related Announcements From the Union Budget 2025
Finance Minister Nirmala Sitharaman announced new measures as part of the Union Budget 2025, including expanded broadband for government schools, a boost for local manufacturing of components, and insurance for nearly 1 crore gig workers. Loan limits under the PM Swanidhi scheme will increase, and a new Rs. 30,000 credit card linked to the NPCI's U...
-
"Drama": Finance Minister Rubbishes Objections To Tax On Insurance Premium
Union finance minister Nirmala Sitharaman, targetted by her critics over the 18 per cent GST on life and medical insurance premiums, retorted today that leaders having objection should first have consulted their state finance ministers.
-
"Anti-People In Nature": Mamata Banerjee On Budget Move To Tax Insurance
West Bengal Chief Minister Mamata Banerjee has urged the BJP-led central government to withdraw GST on life and medical insurance premiums, saying that it adversely affects people's ability to take care of their vital needs.
-
"Tax On Life's Uncertainties": Nitin Gadkari's Letter To Nirmala Sitharaman
Amid criticism of Budget 2024 from several quarters, Union Minister and senior BJP leader Nitin Gadkari has written to Finance Minister Nirmala Sitharaman, requesting her to withdraw the GST imposed on premiums for life and medical insurance plans.
-
Union Budget 2024: Insurers Expect More Tax Benefits For Health Insurance
More tax benefits for health insurance under the new tax regime, relaxation in payment norms for MSMEs and incentives for the agri-tech sector are among the stakeholders' expectations from the first budget of the Modi 3.0 government.
-
Every Indian Over Age Of 70 To Get Free Healthcare Under Government Scheme
Every Indian citizens aged above 70 years will be provided free treatment under the Ayushman Bharat health insurance scheme, President Droupadi Murmu said today.
-
Income Tax: Know About The Rules Coming Into Effect From April 1
The new tax regime will have none of the usual exemptions on insurance premium, mutual funds and other such investments.
-
E Shinde's 1st Budget For Maharashtra Prioritises Aid For Farmers, Women
The Eknath Shinde-led Maharashtra government on Thursday presented its maiden Budget for 2023-24, in which it proposed Rs 6,000 assistance to farmers and Re 1 crop insurance scheme while also offering relief in professional tax to working women.
-
5 Sports Bikes You Can Get Under Rs. 1.5 Lakh In the Pre-Owned Space
Thinking of buying a sports bike but fazed by budget issues? Then check out the used two-wheeler market for the best deals. Here are five bikes that you can consider.
-
5 Benefits Of Buying A Used Premium Motorcycle
If you are looking for a premium motorcycle on a budget, then going for a pre-owned bike can be the most practical and economical option for you. And here are 5 major benefits of buying a used motorcycle.
-
India Doubles Healthcare Spending, More FDI Allowed In Insurance
India proposed doubling healthcare spending in an annual budget unveiled on Monday and lifted caps on foreigners investing in its vast insurance market to help revive an economy that suffered its deepest recorded slump as a result of the pandemic.
-
Budget 2021 Live Updates: Budget Focuses On Health And Farmers, Seniors Above 75 Get Relief
Finance Minister Nirmala Sitharaman addressed parliament today with details of the Union Budget 2021, the first after a difficult year for the economy due to the COVID-19 pandemic. She announced foreign direct investment (FDI) hike in insurance to 74 per cent from 49 per cent with foreign control under safeguards.
-
Centre's Insurance Scheme Not For Nurses In Non-Covid Patient Care: Court
The Delhi High Court today said nurses not dealing with COVID-19 patients cannot be included in the Pradhan Mantri Garib Kalyan Yojana, which provides for a Rs 50 lakh insurance cover to frontline health workers, as doing so might affect the very budget of the scheme.
-
"Centre Attempting To Promote Privatisation": Sena On Budget Plan For LIC
The centre is making an attempt to promote privatisation by announcing the disinvestment of the Life Insurance Corporation (LIC) and IDBI Bank, Shiv Sena has said in its mouthpiece.
