Budget 2021-22 : Hike in FDI limit in Insurance
Context : Union Finance Minister Nirmala Sitharaman in Budget Session 2021-22 announced an increase in Foreign Direct Investment (FDI) limit in the insurance sector from the existing 49% to 74%. Budget 2021-22 : Hike FDI cap in Insurance Key Points : • Finance Minister said, “We propose amend the Insurance Act, 1938 to increase the […]
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