Press Releases from Insurance Foundation of India (2 total)
Home Insurance Scheme of Modi Government will increase insurance Penetration in …
by S K Sethi
Insurance Foundation of India (IFI) has been propagating home insurance for masses. Mr. S K Sethi Chief Executive Officer, IFI has welcomed the thinking of Government of India for planning to launch a home insurance scheme for all throughout the country. The scheme will cover damages caused to lower income group from floods, earthquakes and fire. Sum assured per house will be Rs 3, 00,000. Even though…
Seminar on “Implementation of GST in Insurance Industry”
The Goods and Services Tax (GST) is a ground-breaking reform for the Indian economy's indirect tax regime. GST will change the tax architecture between the state and the centre.
The Goods and Services Tax(GST) is a value added tax that will replace all the indirect taxes levied on goods and services by the government, both central and states, once it is implemented.
The basic idea of this taxation reform is to create…
