Govt proposes to raise FDI limit in insurance sector to 100%, seeks public comments

Nov 29, 2024

The central government has floated a few proposals for the insurance sector, including raising the FDI limit in Indian insurance companies from 74 per...

Budget 2025: FDI limit for insurance sector raised to 100%

Feb 01, 2025

"The FDI limit for the insurance sector will be raised from 74 to 100 per cent. This enhanced limit will be available for those...

Insurance companies received Rs 53,900 crore FDI since December 2014: Official

Mar 18, 2024

The insurance sector has witnessed an influx of Rs 53,900 crore in foreign direct investment (FDI) from December 2014 to January 2024, Financial Services...

LIC employees stages protest in Ludhiana against FDI limit hike in insurance sector

Mar 19, 2021

Ludhiana (Punjab) [India], March 19 : Life Insurance Corporation (LIC) employees staged a protest in Ludhiana on Thursday against the government's decision to raise...

Finance Minister proposes to increase FDI limit to 74 pc in insurance companies

Feb 01, 2021

New Delhi [India], February 1 : Finance Minister Nirmala Sitharaman on Monday proposed to amend the Insurance Act 1938 to increase the permissible Foreign...

Enough guardrails in Budget proposal to enhance FDI limit in insurance sector: Sitharaman

Feb 01, 2025

She said while the exemption applies up to Rs 12 lakh, the rates across income bands have been reduced, ensuring lower taxes for all.