https://www.taxtmi.com/acts?id=40276 The Act defines the Controller of Insurance as the Central Government officer exercising the Authority's powers; an Indian insurance company as a share limited public company formed or converted under company law, subject to foreign equity limits and a control concept encompassing director appointment and management or voting control, and whose sole purpose is life, general, re insurance or health insurance business; insurer to include Indian companies, statutory bodies, co operative societies and foreign reinsurers with Indian branches; and life insurance business to include contracts on human life, disability benefits, annuities, superannuation allowances and unit linked products. en-us Wed, 22 Sep 2021 15:30:37 +0530 Wed, 22 Sep 2021 15:30:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=40276 The Act defines the Controller of Insurance as the Central Government officer exercising the Authority's powers; an Indian insurance company as a share limited public company formed or converted under company law, subject to foreign equity limits and a control concept encompassing director appointment and management or voting control, and whose sole purpose is life, general, re insurance or health insurance business; insurer to include Indian companies, statutory bodies, co operative societies and foreign reinsurers with Indian branches; and life insurance business to include contracts on human life, disability benefits, annuities, superannuation allowances and unit linked products. Act-Rules Income Tax Wed, 22 Sep 2021 15:30:37 +0530 https://www.taxtmi.com/acts?id=40276