https://www.taxtmi.com/notifications?id=116827 Foreign investment in the insurance sector is permitted under the automatic route subject to obtaining the requisite IRDA licence; bank-promoted insurers are subject to applicable private banking conditions; an Indian insurance company is defined by corporate form, limits on aggregate foreign equity holdings and the sole objects of life, general or re-insurance business. The amendment also lists permitted sector participants-insurance companies, brokers, third party administrators, and surveyors and loss assessors-and subjects them to the respective IRDA licensing and regulatory regimes. en-us Fri, 04 Apr 2014 00:00:00 +0530 Fri, 06 Jun 2014 10:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=116827 Foreign investment in the insurance sector is permitted under the automatic route subject to obtaining the requisite IRDA licence; bank-promoted insurers are subject to applicable private banking conditions; an Indian insurance company is defined by corporate form, limits on aggregate foreign equity holdings and the sole objects of life, general or re-insurance business. The amendment also lists permitted sector participants-insurance companies, brokers, third party administrators, and surveyors and loss assessors-and subjects them to the respective IRDA licensing and regulatory regimes. Notifications FEMA Fri, 04 Apr 2014 00:00:00 +0530 https://www.taxtmi.com/notifications?id=116827