Business Act 1972. Under IRDA Act, 1999, Indian Insurance company means, any insurer being a company which is formed and registered under the companies Act, 1956, in which the aggregate holding of equity shares by a foreign company do not exceed 26% paid up equity capital of such Indian ...
9 RegisterLog in Sign up with one click: Facebook Twitter Google Share on Facebook national insurance Thesaurus Legal Financial Acronyms Wikipedia Related to national insurance:National health insurance n (Insurance) (in Britain) state insurance based on weekly contributions from employees and employers...
In 1972 with the passing of the General Insurance Business (Nationalisation) Act, general insurance business was nationalized with effect from 1st January, 1973. 107 insurers were amalgamated and grouped into four companies, namely National Insurance Company Ltd., the New India Assurance Company Ltd...
Under section 80D of the Income Tax Act, you can tax benefits up to INR 75,000. So, if you are paying the premium, for your parents, children, or other family members, then you will be eligible for the tax benefit. Efficient Hospitalisation During a medical emergency, we seek ...
Employee State Insurance Act 1948 The Employees' State Insurance (ESI) Act of 1948 was a landmark law passed by भारत सरकार to provide social security for workers in India. The Act ensures financial assistance to employees during sickness, maternity, disability, or work...
The Employees’ State Insurance Act, 1948 is one of the most important social legislation in India. It enables workers to avail of benefits for injuries they suffer during employment. Rules regarding contributions are very important to understand how these benefits reach the employees. Employers can...
State Insurance and Provident Fund Department. Government of Rajasthan, India. Toll free Number 1800 180 6268. Civil List (SIPF Officers). Provident Fund (All India Services). Group Insurance Scheme (All India Services). Provident Fund (All India Services). GOR Employee Report in Public Domain....
In addition, it is prudent to cover loss or damages to the vehicle itself by way of Comprehensive/Package policy, which covers both "Liability" as well as "Own damage" to the insured vehicle. Liability Only cover is also known as Act Only cover. What is Deductible? Deductible or "...
In fact, as per Indian Motor Act, it is mandatory for any motor vehicle owner in India to get his/her vehicle insured. But while spending money to get your vehicle insured, doing so for the right plan from a reliable insurance provider would be an intelligent decision. ...
LIC is the largest life insurance company in India with an asset value of over 2,529,390 crores. LIC of India was created on 1st September 1956 when the government of India passed the Life Insurance of India Act , nationalising the private insurance industry in India. The company was ...