TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Circulars
of of All Circulars
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>India Updates FDI Policy: Insurance Sector Limit Raised to 49%, Requires Govt Approval Beyond 26.</h1> The circular addresses the revised Foreign Direct Investment (FDI) policy in India's insurance sector, increasing the permissible FDI limit from 26% to 49%. Investments up to 26% are allowed under the automatic route, while those exceeding 26% require government approval. The policy mandates compliance with the Insurance Act, 1938, and requires companies to obtain licenses from the Insurance Regulatory and Development Authority of India. It also emphasizes that Indian insurance companies must remain under Indian ownership and control. The circular includes definitions of key terms and references relevant regulations and amendments.
TaxTMI 
TaxTMI 
