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  • News From Press Budget 2020: Will you benefit if FM raises FDI limit in insurance to 74 per cent?

    Budget 2020: Will you benefit if FM raises FDI limit in insurance to 74 per cent?

    Source: The Financial Express Jan 9, 2020

    Budget 2020 Insurance: The life insurance industry is looking forward to the Budget 2020 with high expectations. Several industry experts expect the cap on foreign ownership in insurance companies to be raised in the upcoming Budget. Currently, the foreign direct investment (FDI) in insurance is capped at 49 per cent which according to many industry observers may be raised to 74 per cent. 

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