100% foreign direct investment and VAT exemption indicate a strong boost for insurance in the 2026 budget

The government’s recent announcement to introduce 100 percent foreign direct investment in the insurance sector has “empowered the regulators,” said LIC director Dinesh Pant. He further noted that India’s focus on its insurance sector through key announcements in Budget 2026, along with recent policy changes such as a reduction in VAT and the Insurance Amendment […]