https://www.taxtmi.com/acts?id=54865 Definitions governing premium payment and receipt cover cash deposits, grace periods, premium payment warranty clauses and premium. A grace period preserves an existing policy's force while payment is made without penalty, late fee or lapse. Premium has the meaning assigned under the Insurance Act, 1938; in reinsurance, it is the consideration paid or payable under a reinsurance contract to cover risk. Undefined terms adopt meanings assigned under the applicable statutory framework and related rules or regulations. en-us Thu, 10 Sep 2026 12:16:53 +0530 Thu, 10 Sep 2026 12:26:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=54865 Definitions governing premium payment and receipt cover cash deposits, grace periods, premium payment warranty clauses and premium. A grace period preserves an existing policy's force while payment is made without penalty, late fee or lapse. Premium has the meaning assigned under the Insurance Act, 1938; in reinsurance, it is the consideration paid or payable under a reinsurance contract to cover risk. Undefined terms adopt meanings assigned under the applicable statutory framework and related rules or regulations. Act-Rules Indian Laws Thu, 10 Sep 2026 12:16:53 +0530 https://www.taxtmi.com/acts?id=54865