In the Budget 2025, Finance Minister Nirmala Sitharaman has proposed a change in the Unit Linked Insurance Policy (ULIP).

a. The amenities and benefits (in general) received by employees with a salary below certain limit would be exempt from being treated as perquisite. The limits, presently at Rs 50,000/- per annum, can ...

Insurance stocks LIC India, ICICI Lombard General Insurance Company and New India Assurance Company traded with decent gains in intraday trade on Saturday, February 1, after Finance Minister Nirmala ...

The Centre has increased the FDI limit in insurance to 100%, from 74%, attracting more capital and boosting the sector’s ...

Nirmala Sitharaman says the enhanced limit will be available for those companies which invest the entire premium in India ...

Finance Minister Nirmala Sitharaman will table the Union Budget 2025-26 in Lok Sabha today, please follow for all the latest news and updates.

Though the Finance Minister’s announcement of making income up to ₹12 lakh tax-exempt brought smiles to many, life insurers appear concerned as they could be on the losing side. The worry is that if ...

The 2025 budget proposes to raise the FDI limit in the insurance sector from 74% to 100%, provided premiums are invested in ...

The decision to allow 100 per cent FDI in insurance is a major reform aimed at achieving the goal of "Insurance for All" by ...

The Indian government has announced plans to increase the foreign investment limit in the insurance sector to 100%. This move requires legislative amendments and aims to simplify investment conditions ...

India raises FDI limit in insurance to 100%, attracting global insurers and boosting sector growth and innovation.