The Firm

Show Timings:

Friday: 10.30 pm, Saturday: 11.30 am

Sunday: 9:30am & 11.00pm

CNBC TV18
Network18

Insurance Reforms Notified

Published on Mon, Jan 05,2015 | 18:01, Updated at Mon, Jan 05 at 18:01Source : Moneycontrol.com 

The amendments to the Insurance Act, 1938 (Insurance Act), including the increase of foreign investment ceiling in insurance companies from 26% to 49%, have come into effect from 26 December 2014. Although, the Insurance Laws (Amendment) Bill, 2008 (Insurance Bill) couldn’t be taken up for discussions in the recently concluded winter session of the Parliament (which concluded on 23 December 2014), the Insurance Laws (Amendment) Ordinance, 2014 (Insurance Ordinance) was thereafter promulgated by the President of India and published in the Gazette of India on 26 December 2014. Attached is the Khaitan alert detailing the reforms.

Attachments : InsuranceReformsNotified-KCO-ERGONewsflash.pdf
 
Twitter


 
Copyright © e-Eighteen.com Ltd. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.