Tag: Sabki
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Finance Minister Sitharaman Introduces Landmark Insurance coverage Reforms: Sabka Bima Sabki Raksha Invoice 2025
Finance Minister Nirmala Sitharaman on Tuesday launched the Sabka Bima Sabki Raksha (Modification of Insurance coverage Legal guidelines) Invoice, 2025, within the Lok Sabha, signaling a transformative shift for India’s insurance coverage trade. This formidable laws amends three foundational legal guidelines: the Insurance coverage Act, 1938; the Life Insurance coverage Company Act, 1956; and the…
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Sabka Bima Sabki Raksha Invoice: A New Initiative by the Finance Minister in Lok Sabha
On Tuesday, Union Finance Minister Nirmala Sitharaman will ask for go away to current the Sabka Bima Sabki Raksha (Modification of Insurance coverage Legal guidelines) Invoice, 2025 within the Lok Sabha, which is supposed to give you a brand new legislation that will additional modify the principle insurance-related legal guidelines in India in order to…
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Decoding the Sabka Bima Sabki Raksha (Modification of Insurance coverage Legal guidelines) Invoice: Key Inclusions and Exclusions
The Union Cupboard on Friday (December 12) authorised the Sabka Bima Sabki Raksha (Modification of Insurance coverage Legal guidelines) Invoice, 2025, clearing the way in which for its introduction in Parliament. The Invoice seeks to revamp India’s insurance coverage framework, proposing sweeping adjustments to the Insurance coverage Act, 1938, the Life Insurance coverage Company Act,…