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Insurers see a change agent in new FDI rules

Inflow of more funds is likely to widen the reach of insurance and drive M&A activities in the sector where growth has stalled. Fifteen years after the privatisation of insurance, the archaic,......

R-Cap to begin talks with foreign partners for insurance biz

Expecting the passage of Insurance Bill to bring in $8-10 billion of foreign capital into the industry, Reliance Capital on Thursday said it would soon begin talks with foreign partners for its......

Double whammy for high-end car users

Insurance premiums for high-end cars and sports utility vehicles (SUVs) are set to turn 5 to 10 per cent dearer, owing to the Budget proposals of a rise in the excise duty on SUVs, a higher import......

'Govt should waive off the service tax on premiums'

1. Increase FDI limit from the current 26% to 49%. Commensurate with the growth in business of insurance companies, the capital requirements have been increasing.Given the pressing need for more......

Budget should address Non-Life Insurance sector

Among the major recommendation, the non-life insurance sector has demanded the waiver of service tax on insurance premium and also substantial increase in tax deduction limit under section 80D for......

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Ajay Bimbhet

News for Ajay Bimbhet

Insurers see a change agent in new FDI rules

R-Cap to begin talks with foreign partners for insurance biz

Double whammy for high-end car users

'Govt should waive off the service tax on premiums'

Budget should address Non-Life Insurance sector

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