https://www.taxtmi.com/acts?id=39695 Amendment revises surplus allocation: a dominant share must be allocated to policy-holders, a Board-approved portion of remaining surplus reserved for members (credited to separate accounts or reserves), distinct treatment for participating and non-participating policy-holders, authorised uses of member-allocated surplus including dividends and bonus shares, and a requirement to publish a Board-approved surplus distribution policy on the Corporation's website at prescribed intervals. en-us Tue, 30 Mar 2021 15:55:06 +0530 Tue, 30 Mar 2021 15:55:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=39695 Amendment revises surplus allocation: a dominant share must be allocated to policy-holders, a Board-approved portion of remaining surplus reserved for members (credited to separate accounts or reserves), distinct treatment for participating and non-participating policy-holders, authorised uses of member-allocated surplus including dividends and bonus shares, and a requirement to publish a Board-approved surplus distribution policy on the Corporation's website at prescribed intervals. Act-Rules F. Acts / Amendment Acts Tue, 30 Mar 2021 15:55:06 +0530 https://www.taxtmi.com/acts?id=39695