insurance companies

India Proposes Changes to Tax on Angel Investors in Unlisted Firms

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[ad_1] Last Updated: May 20, 2023, 02:35 IST Angel tax is a commonly used term for tax imposed when shares of an unlisted entity are issued to an investor at a price more than its fair market value. Angel tax is a commonly used term for tax imposed when shares of an unlisted entity are … Read more

Distribution Cost For Life Insurers Likely To increase From April 1, Consumers may benefit

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[ad_1] Third party agencies may now demand higher payouts for insurance policy distribution. Higher commission payouts may result in a significant increase in distribution costs for life insurers that are not promoted by banks. The distribution costs of life insurance companies are likely to increase as the IRDAI (Payment of Commission) Regulations, 2023, comes into … Read more