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

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

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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