The government is poised to significantly boost foreign direct investment in the pension sector, potentially raising the limit to 100%. A b...

An Indian employee faced a Rs 10 lakh penalty for not disclosing foreign ESOPs in his Income Tax Return. The Income Tax Appellate Tribunal,...

The government has held several meetings with the insurance regulator, insurers and consultants on higher FDI in the sector. Many global in...

Insurance sector regulator Irdai has imposed a fine of Rs 4 lakh on SBI Life Insurance Company Ltd for violating norms on advertisement and...

Senior Citizens' Welfare Fund Act, 2015 (SCWF) mandates transfer of unclaimed amounts of policyholders to the fund after a period of 10 yea...

Irdai said that chairman (Subrata Roy) of the Board was in judicial custody and people were not willing to join the company.

As per the plan, Fairfax entities will own close to 45% of the joint venture, while Goyal will have a 15% stake and the remaining will be h...

The life premium collection witnessed a turn-around in India in the last calender year, which grew by 7.8%, against a contraction of 2.1% i...

6 private insurers have got FIPB approval for foreign investment proposals worth Rs 2,566 crore till February after the government increase...

The Insurance Laws (Amendment) Act, 2015, provides for an increase of foreign investment cap in an Indian insurance company to 49 per cent ...

Private equity firm Access Asset Managers and some other investors will put in Rs 55 crore to acquire 25% stake in Alliance Insurance Broke...

The proposal to provide an option to choose between EPF and NPS for over 5 crore subscribers of the retirement fund body EPFO has been sent...

"I urge trade unions to come up with specific objections to the proposed amendment and we will tread with caution," labour minister Dattatr...

IRDAI has sought public comments on proposed amendments to its existing norms pursuant to the introduction of Insurance Laws (Amendment) Ac...

The review of health insurance guidelines follows the amended Insurance Act 2015 which recognises health insurance as an independent vertic...

The Companies Act, 2013 as part of efforts to curb instances of illegal money pooling activities as well as protect the interest of investo...

Last week, Minister of State for Finance Jayant Sinha had said foreign capital to the tune of Rs 25,000 crore was likely to flow into the i...