News

The government has proposed an amendment, allowing non-life insurance companies to claim deductions for expenses disallowed due to TDS delay once the tax is actually deducted and paid.

Govt. Proposes to Allow Deduction for Non-Life Insurance Businesses When TDS Is Paid Later

Judgement

Bombay High Court grants interim relief to insurance companies by staying recovery of over Rs. 10,000 crore in GST demands in a major co-insurance and reinsurance tax dispute.

Bombay High Court Grants Major Interim Relief to Insurance Firms in Rs. 10,000 Crore GST Recovery Case

SC holds that insurance companies must prove owner’s negligence or collusion before denying indemnity for fake licence cases

SC: Owner Not Liable When Fake Licence Not Proven to Be Entrusted Knowingly

Notifications

The Indian Insurance Companies (Foreign Investment) Amendment Rules 2025 to replace the existing limit of 74% foreign investment.

Govt Notifies Draft Rules on FDI in Indian Insurance Companies (2025)

Announcement

ICAI has made it compulsory for certain audit firms that manage audits of listed entities, Insurance companies and Banks other than Co-operative banks to estimate their audit quality maturity model using AQMM.

ICAI Tightens Audit Standards: AQMM 2.0 Mandatory for Larger Firms

It can be challenging to choose a health insurance provider in India because there are so many options available. The best health insurance providers are those with the highest market share, claim settlement ratios, and customer ratings.

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Govt. Proposes to Allow Deduction for Non-Life Insurance Businesses When TDS Is Paid Later

Bombay High Court Grants Major Interim Relief to Insurance Firms in Rs. 10,000 Crore GST Recovery Case

SC: Owner Not Liable When Fake Licence Not Proven to Be Entrusted Knowingly

Govt Notifies Draft Rules on FDI in Indian Insurance Companies (2025)

ICAI Tightens Audit Standards: AQMM 2.0 Mandatory for Larger Firms

Top 10 Best Health Insurance Companies in India to Buy Health Insurance Policy