https://www.taxtmi.com/circulars?id=53302 Foreign direct investment in the Indian insurance sector is permitted up to forty nine percent with investment up to twenty six percent under the automatic route and any additional foreign investment up to the sector ceiling requiring Government approval. Investors and companies must comply with the Insurance Act, obtain IRDA licences, ensure ownership and control remain with resident Indian entities, and observe FEMA/SEBI rules for portfolio investment and RBI pricing guidelines; defined terms follow the referenced notification. en-us Wed, 08 Apr 2015 00:00:00 +0530 Wed, 08 Apr 2015 18:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=53302 Foreign direct investment in the Indian insurance sector is permitted up to forty nine percent with investment up to twenty six percent under the automatic route and any additional foreign investment up to the sector ceiling requiring Government approval. Investors and companies must comply with the Insurance Act, obtain IRDA licences, ensure ownership and control remain with resident Indian entities, and observe FEMA/SEBI rules for portfolio investment and RBI pricing guidelines; defined terms follow the referenced notification. Circulars FEMA Wed, 08 Apr 2015 00:00:00 +0530 https://www.taxtmi.com/circulars?id=53302