Times of India | 100% FDI allowed in insurance sector under automatic route, inflows for LIC capped at 20%

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The Indian government announced that foreign direct investment (FDI) in insurance companies can now be up to 100 % of paid‑up equity under the automatic route, subject to approval by the Insurance Regulatory and Development Authority of India (IRDAI). This change, aligned with the Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Act, 2025, lifts the previous ceiling of 74 % and follows parliamentary approval of the Sabka Bima Sabki Raksha Bill. While all insurers may receive full foreign ownership, Life Insurance Corporation of India (LIC) remains restricted to a maximum of 20 % foreign investment. The new rules also extend the 100 % FDI limit to insurance intermediaries, and require key top‑level positions (chairperson, managing director or CEO) to be held by resident Indian citizens, with any ownership changes complying with RBI pricing rules under FEMA.

Read more: https://timesofindia.indiatimes.com/business/india-business/100-fdi-allowed-in-insurance-sector-under-automatic-route-inflows-for-lic-capped-at-20/articleshow/130716877.cms

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Officially Recognized by the Government of India!

We’re excited to announce that Sanshi Network Tech Private Limited is now a DPIIT-recognized startup under the Ministry of Commerce & Industry, Government of India.

This milestone marks a big step in our journey to create impactful, tech-driven products, starting with WiseIN

A huge thank you to everyone who’s supported us, this is just the beginning!

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🚀 Big Win for Indian Startups!
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The DPIIT has granted income tax exemption to 187 startups under the newly updated Section 80-IAC of the Income Tax Act. 🎉

This move is a major boost for innovation and entrepreneurship in India, offering much-needed financial relief and encouraging more startups to thrive in a competitive market.
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𝑺𝒕𝒂𝒓𝒕𝒖𝒑 𝑬𝒄𝒐𝒔𝒚𝒔𝒕𝒆𝒎 𝒊𝒏 𝑵𝒂𝒔𝒉𝒊𝒌, 𝑴𝒂𝒉𝒂𝒓𝒂𝒔𝒉𝒕𝒓𝒂, 𝑬𝒎𝒑𝒐𝒘𝒆𝒓𝒊𝒏𝒈 𝑴𝑺𝑴𝑬𝒔 & 𝑾𝒐𝒎𝒆𝒏 𝑬𝒏𝒕𝒓𝒆𝒑𝒓𝒆𝒏𝒆𝒖𝒓𝒔

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From Vision to Reality: How Shreekant Patil is Building the Startup Ecosystem in Nashik & Maharashtra

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𝑪𝑬 𝑺𝒉𝒓𝒆𝒆𝒌𝒂𝒏𝒕 𝑷𝒂𝒕𝒊𝒍, 𝑪𝒐𝒏𝒔𝒖𝒍𝒕𝒂𝒏𝒕, 𝑺𝒕𝒂𝒓𝒕𝒖𝒑 𝑰𝒏𝒅𝒊𝒂 𝑴𝒆𝒏𝒕𝒐𝒓: 𝑵𝒆𝒘𝒔
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Registration Under Startup India Scheme

Registering Your Startup in India Made Easy! Here's How to Join the Startup India Initiative in Just a Few Simple Steps. Discover What Documents You Need and Why It's Worthwhile for New Startups to Get Registered!

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Also Check: https://www.setindiabiz.com/startup-india-recognition-dpiit

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Get Your Startup Rolling with Setindiabiz: Easy Registration Made Simple!

Elevate your business with Startup India Registration! Sign up hassle-free through Setindiabiz to unlock amazing benefits tailored for startups. Don't wait, take action today!

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Process of Startup India Recognition by DPIIT

Let's unveil these essential prerequisites and decode the entire step-by-step process of Startup Recognition in India.

1: Documentation
2: Incorporate your business
3: Register on the Startup India Portal
4: Complete Profile Creation
5: Apply for DPIIT Recognition
6: Receive Startup Recognition Certificate

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