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INSURANCE LAW AMENDMENTS
Family Trusts need a rethink: DPDP, PMLA rules collide with informal promoter structuresIndia's family businesses face a complex succession era due to evolving regulations and generational differences. Law firms like Veritas Le...- Forget the DOJ. For a Trump pardon, call "Bobby" and other influencersPresident Donald Trump's pardon system has shifted dramatically. Influence now hinges on personal networks and narratives of victimhood, by...
- Rules in the works to enable G-Sec, repo deals by insurersInsurers will soon be able to undertake repo and government securities lending transactions. The insurance regulator is developing an opera...
- Harassed by loan recovery agents? Know your legal rights and 6 steps to fight backBorrowers struggling with debt often face harassment from recovery agents through abusive calls, threats, public shaming, and unauthorised ...
- Welcome to Trump’s America, where the visa dream is getting harder to keep alivePresident Trump's second term is tightening legal immigration pathways, including student visas and green card applications. New policies r...
- Claiming your inheritance by executing a Will: What legal heirs must know about nominees, probate and asset transfersExecuting a Will in India is often more complex than believed, involving numerous institutions and documentation hurdles. Nominees do not a...
- Your in-hand salary may not change under the new labour code yet, know whySalaried employees are yet to see benefits from the new labour codes due to delayed state-level implementation. While some aspects like ESI...
- Centre allows 100% FDI in insurance via auto route"Foreign investment in this sector shall be subject to compliance with the provisions of the Insurance Act, 1938(4 of 1938), and the condit...
- India notifies 100% foreign investment in insurance sector, LIC limit stays at 20%The central government has notified 100% Foreign Direct Investment (FDI) in insurance companies under the automatic route, allowing foreign...
- 'Delimitation Bill like a 'sales pitch' of insurance salesman': Karti ChidambaramCongress leader Karti Chidambaram criticizes the government's proposed Delimitation Bill. He likens it to an insurance sales pitch where as...
- Govt readies sweeping reform agenda for Winter Session with atomic, education and insurance billsThe govt plans to introduce significant reforms in atomic energy, higher education, insurance and securities markets during the upcoming Wi...
- 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...
- 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...
- IRDAI seeks suggestions on proposed amendments to its rulesIRDAI has sought public comments on proposed amendments to its existing norms pursuant to the introduction of Insurance Laws (Amendment) Ac...
- Penalty of up to Rs 25 crore for mis-selling insurance policiesThe amended insurance law provides for a penalty of up to Rs 25 crore for mis-selling or misrepresentation of policies by agents or insuran...
- Insurance Laws (Amendment) Bill 2015 passed by Lok SabhaThe controversial bill which seeks to replace an ordinance, also provides for imprisonment of up to 10 years for selling policies without r...
- Insurance Laws (Amendment) Bill heading for Select CommitteeM Venkaiah Naidu and Arun Jaitley held fresh rounds of discussions with Anand Sharma to break the deadlock but the status quo continued.
- FII, NRI investment allowed in insurance, allied activitiesThe government allowed 26 per cent foreign investment in activities related to insurance like broking, third party administrators and surve...
- Efforts on to pass Insurance Laws (Amendment) Bill in winter session: JD SeelamGovt will make all efforts to pass Insurance Laws (Amendment) Bill in ongoing winter session of Parliament, Minister of State for Finance J...
- Hope to get Insurance Bill passed soon: FM P ChidmabaramFM today expressed the hope that Insurance Amendment Bill, which seeks to raise FDI cap in the sector to 49 per cent, will be passed soon.
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