https://www.taxtmi.com/acts?id=54582 A company-form MGA must maintain a balance sheet, an accrual-based profit and loss account, a direct-method cash or fund flow statement, and any additional statements required by the Competent Authority. A branch-form MGA must prepare financial statements in accordance with the accounting standards specified by its home country regulator. The financial year differs by form, and the regulatory framework governs the maintenance of books, records, and statements. en-us Tue, 16 Jun 2026 16:23:48 +0530 Tue, 16 Jun 2026 16:23:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=54582 A company-form MGA must maintain a balance sheet, an accrual-based profit and loss account, a direct-method cash or fund flow statement, and any additional statements required by the Competent Authority. A branch-form MGA must prepare financial statements in accordance with the accounting standards specified by its home country regulator. The financial year differs by form, and the regulatory framework governs the maintenance of books, records, and statements. Act-Rules Indian Laws Tue, 16 Jun 2026 16:23:48 +0530 https://www.taxtmi.com/acts?id=54582