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COMPOSITE REGISTRATION FOR INSURERS
Govt proposes 90-day work requirement for gig workers to get social securityIn a significant move, gig and platform workers will soon be required to log a minimum number of working days to qualify for social securit...- Startups leverage distribution chops to gain ground in general insuranceStartups are leveraging their distribution muscle to carve out a larger share of India’s underpenetrated general insurance market. A growin...
- Insurers may get to diversify operations beyond core businessThe finance ministry proposes allowing insurers to expand beyond insurance. The draft suggests new services like guarantee and indemnity se...
- Big insurance overhaul: Draft ready, new India cover story awaits green lightThe bill proposes 100% foreign investment in the insurance sector. It also reduces capital requirements for insurance companies. A composit...
- Major insurance changes in Budget 2024: Combi products offering life, health insurance soon; will insurers sell mutual funds?Budget 2024 insurance changes: The government is set to introduce a Bill proposing significant changes to the Insurance Act. This could inc...
- Govt may introduce insurance laws amendment bill in Budget sessionThe government is expected to introduce a bill amending the Insurance Act, 1938, during the upcoming Budget session, aiming for 'Insurance ...
- India mulls rule changes to boost $731 billion insurance sectorInsurance penetration remains abysmally low at less than 5% in the country of 1.4 billion people, signaling growth potential for investors.
- SAT stays Irdai order transferring Sahara India Life Insurance Co biz to SBI LifeIn a big relief to Sahara India Life Insurance Co Ltd, the Securities Appellate Tribunal (SAT) on Tuesday stayed regulator Irdai's order di...
- IRDAI working on three-pronged approach to ensure 'insurance for all by 2047'"We are also working with the councils of both life and general insurance to have a UPI-like moment for the insurance sector. A conceptual ...
- IRDAI closely monitors insurers’ investments, intervenes if necessary: Chairman Debasish Panda"The IRDAI has an extensive framework for regulating and monitoring investments made by insurance companies, which is applicable on both th...
- Insurance Bill may not be introduced in budget sessionA government official said that the suggestions are being examined and that an announcement can be made in the budget while the actual bill...
- LIC may look at composite licence after passage of Insurance Laws (Amendment) BillThe proposed amendments suggest that the minimum paid up capital be specified by the Insurance Regulatory and Development Authority of Indi...
- One licence for all insurance: Bill likely in budget session“Our aim is to bring the legislation in the budget session. It, however, will depend on how swiftly we can incorporate suggestions and seek...
- LIC-IDBI Bank deal gets cabinet nodThe LIC-IDBI deal has been approved, a source said after the meeting of Union Cabinet, chaired by Prime Minister Narendra Modi.
- Cabinet clears changes to GST laws, to be placed in ParliamentThe amendments to the Central GST, Integrated GST and Compensation Cess laws will now be placed in Parliament in the ongoing session.
- Cabinet clears amendments to GST lawsThe government will now table amendments to the Central GST law, Integrated GST law, Compensation Cess law in the ongoing monsoon session o...
- Single GST form likely for service providersThe GST Council is expected to consider on January 18 significant relaxation in the law and procedures, including a centralised registratio...
- 3-year third-party insurance premium at car registration?A parliamentary standing committee had recommended to the government to consider a framework to make third-party insurance a one-time affai...
- Single form soon for firms to enrol with EPFO, ESICThis form is expected to reduce the tedious work of filling multiple forms for registering with these two social security bodies and improv...
- India-Pak trade talks to begin tomorrowIndia and Pakistan will begin talks here tomorrow on establishing fibre optic telecom link, allowing banks to open branches and increasing ...
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