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Budget at a glance: India Post spreads wings, insurance agents to gain, vision document for fin sector

By Economic Times - 3 months ago
FM announced over 100 new India Post Payments Bank branches in the northeast to boost banking access. The vision document outlines the financial sector's next 5 years, focusing on climate finance and guiding stakeholders. Revised CGST Act aims to settle ₹17,000 crore in tax appeals, reducing TDS on insurance agents' commissions from 5% to 2%, with certain insurance activities untaxed.

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