Daily Archives: December 23, 2015

IRDA regulations for Issuance of Capital by Indian Insurance Companies

Insurance Regulatory and Development Authority of India (Issuance of Capital by Indian Insurance Companies transacting other than Life Insurance Business) Regulations, 2015 Notification No [ADVT-III/4/Exty./161/15(292)] Ref No F. No. IRDAI/Reg/21/111/2015.—  Dated   15th December, 2015  What is the approval requirement for issuance of Shares by by Indian Insurance Companies transacting other than Life Insurance Business ?… Read More »

Government of India Calendar 2016 Development themes

The Government of India Calendar 2016 has been designed and printed by the Directorate of Advertising and Visual Publicity (DAVP). It is printed in 11 languages apart from Hindi. It is distributed to all Panchayat zilla parishads, centrally aided schools; all missions abroad apart from all elected representatives Central Government Gazetted officers. With the theme… Read More »

Draft Guiding for Place of Effective Management (Poem) of Company Formulated.

Draft Guiding Principles for Determination of Place of Effective Management (Poem) of a Company Formulated. The Finance Act, 2015 has amended, with effect from 01.04.2016, the provisions of Income-tax Act relating to determination of residence of a company.  In accordance with the amended provisions a company would be said to be resident in India in… Read More »

Two Mobile Apps Launched for Farmers

Union Agriculture & Farmers Welfare Minister, Sh Radha Mohan Singh launched two mobile apps for the farmers here today. Mobile app ”Crop Insurance” will help the farmers not only to find out complete details about insurance cover available in their area but also to calculate the insurance premium for notified crops, coverage amount and loan… Read More »

Health Insurance Common Questions and Answers

Health Insurance What is Health Insurance? The term health insurance is a type of insurance that covers your medical expenses. A health insurance policy is a contract between an insurer and an individual /group in which the insurer agrees to provide specified health insurance cover at a particular “premium”. Why is Health Insurance important? A.… Read More »