https://www.taxtmi.com/acts?id=54569 An MGA may undertake direct insurance business in the IFSC, outside India, or both, but cannot solicit business from the Domestic Tariff Area except as permitted under the Insurance Act, 1938. The MGA must conduct business in accordance with the regulations and the conditions of its certificate of registration, operate in specified foreign currencies, and may open an INR account for administrative and statutory expenses and other purposes allowed under applicable law. en-us Tue, 16 Jun 2026 16:17:00 +0530 Tue, 16 Jun 2026 16:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=54569 An MGA may undertake direct insurance business in the IFSC, outside India, or both, but cannot solicit business from the Domestic Tariff Area except as permitted under the Insurance Act, 1938. The MGA must conduct business in accordance with the regulations and the conditions of its certificate of registration, operate in specified foreign currencies, and may open an INR account for administrative and statutory expenses and other purposes allowed under applicable law. Act-Rules Indian Laws Tue, 16 Jun 2026 16:17:00 +0530 https://www.taxtmi.com/acts?id=54569