Tag: Insurance Company
Foreign Investment (FDI) limit in Indian Insurance company increased to 74 percent. Indian Insurance Companies (Foreign Investment) Amendment Rules, 2021 MINISTRY OF FINANCE(Department of Financial Services) NOTIFICATION New Delhi, the 19th May, 2021 G.S.R.337(E).—Whereas, certain draft rules, namely, the Indian Insurance Companies (Foreign Investment)Amendment Rules, 2021,were published in …
IRDAI allows Insurance Companies to offer Corona Kavach Policy group Insurance product Corona Kavach Policy group Insurance Recenlty, IRDAI had mandated all the general and health insurance companies to offer Individual Covid Standard Health product, “Corona Kavach Policy”. Now, IRDAI, with immediate effect, has allowed the Insurance Companies …
Cashless facility for treatment of covid-19 can not be denied where policyholder is notified of availability of the facility at empanelled network provider Cashless facility for treatment of covid-19 IRDAI, has directed all insurance companies to make provision of cashless facility to the policyholders for treatment of Covid-19 …
Corona Kavach Policy – IRDAI’s launches Covid Standard Health Policy for individuals in the age group of 18 to 65 years. Corona Kavach Policy In view of the Covid 19 pandemic, the Insurance Regulatory and Development Authority of India (IRDAI) has designed a standard Covid specific product addressing …
The Indian Insurance Companies (Foreign Investment) Amendment Rules 2019-No cap to foreign equity investment for intermediaries or insurance intermediaries MINISTRY OF FINANCE(Department of Financial Services) NOTIFICATION New Delhi, the 2nd September, 2019 G.S.R. 619(E).—In exercise of the powers conferred by clause (aaa) of sub-section (2) of section 114 …
Profits from sale of investments by Insurance Company held exempt in view of CBDT Circular. The income so earned was taxable only from AY 2011-12 ABCAUS Case Law Citation: ABCAUS 2048 (2017) (08) HC The Substantial Question of Law framed for determination: There were three appeals, one …
