Insurance

  • Insurance

Foreign Investment limit in Indian Insurance company increased to 74 percent from 49 percent

Foreign Investment (FDI) limit in Indian Insurance company increased to 74 percent. Indian Insurance Companies (Foreign Investment) Amendment Rules, 2021…

3 years ago
  • Insurance

Every Saturday declared as public holiday for LIC. LIC offices to remain closed on Saturdays. Read Notification

Every Saturday declared as public holiday for Life Insurance Corporation of India (LIC). Read Notification  MINISTRY OF FINANCE(Department of Financial…

3 years ago
  • Insurance

Insurance (Appeal to Securities Appellate Tribunal) Amendment Rules 2021

Insurance Appeal to Securities Appellate Tribunal Amendment Rules 2021. Procedure to be followed in defective appeal MINISTRY OF FINANCE(Department of…

3 years ago
  • Finance Ministry

Further extension for renewal of health / motor vehicle insurance policies installments

Further Extension of dates for renewal of health and motor vehicle third party insurance policies installments due to lockdown  Earlier…

4 years ago
  • Insurance

In Motor Accident Claims income must be determined on the basis of ITRs where available – Supreme Court

In Motor Accident Claims income must be determined on the basis of the income tax return, where available. – Supreme…

4 years ago
  • Insurance

Depreciation to be computed only on sum insured in the absence of fraud etc. – SC

Depreciation to be computed only on sum insured in the absence of fraud, coercion or misrepresentation. Parties in insurance contract bound…

5 years ago