https://www.taxtmi.com/article/detailed?id=6176 The Rules set a foreign investment cap for Indian insurance companies covering direct and portfolio equity, define key terms for investors and investments, and require resident Indian predominance in ownership and control. Part of FDI is allowed on an automatic route while additional foreign investment up to the cap requires prior government approval; foreign portfolio investments follow FEMA and securities regulations and returns must comply with RBI pricing guidelines. The cap applies to insurance intermediaries and related service providers, and the authority may frame further regulations within its statutory remit. en-us Sat, 28 Mar 2015 07:05:44 +0530 Sat, 28 Mar 2015 07:05:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=6176 The Rules set a foreign investment cap for Indian insurance companies covering direct and portfolio equity, define key terms for investors and investments, and require resident Indian predominance in ownership and control. Part of FDI is allowed on an automatic route while additional foreign investment up to the cap requires prior government approval; foreign portfolio investments follow FEMA and securities regulations and returns must comply with RBI pricing guidelines. The cap applies to insurance intermediaries and related service providers, and the authority may frame further regulations within its statutory remit. Articles Corporate Laws / IBC / SEBI Sat, 28 Mar 2015 07:05:44 +0530 https://www.taxtmi.com/article/detailed?id=6176