INSURANCE AND BANKING FDI and Indian Government policy related to Insurance * * OBJECTIVE OF THE PAPER India is the third most attractive foreign direct investment destination in the world.
Date added: September 15, 2012 - Views: 51
ESI Scheme for India is an integrated social security scheme tailored to provide Social Production to workers and their dependents, in the ... The ESI Act 1948 applies to Non – seasonal Factories using power in ... THE EMPLOYEE’S STATE INSURANCE ACT 1948 Author: HRD Last modified by: admin ...
Date added: July 7, 2012 - Views: 113
IMPORTANT LABOUR AND FACTORY LEGISLATIONS IN INDIA Raghubar Jha Acts and Rules Blend of Acts and Rules Centered on the responsibility of a Factory Manager, Personnel/ HR Manager or self employed Entrepreneur.
Date added: September 7, 2012 - Views: 108
LABOUR POLICY OF INDIA SHWETA PANDEY:48 SHWETA SOMANI:49 SONALI DAS:50 SUNNY SHINDE:51 SUPRIYA NIGUDKAR:52 Employees State Insurance Act, 1948 Objective : To provide for health recover, Medical care and Cash benefits for Sickness ,Maternity ,Employment injury & Pensions to dependents in case of ...
Date added: February 4, 2014 - Views: 8
Insurance is a federal subject in India Indian Marine Insurance Act, 1963 Indian Insurance Act, 1938 The General Insurance Business (Nationalisation) Act, 1972 100 general insurance companies merged into four companies.
Date added: June 21, 2014 - Views: 1
Legislation and client advice CHAPTER-12 Insurance Act 1938 it came into effect from 1 July 1939. The Act consolidates the law relating to the business of insurance and it was the first piece of legislation to govern all forms of insurance, providing state control over insurance business.
Date added: December 10, 2013 - Views: 13
General Insurance Definition History of growth of General Insurance in India Growth of general insurance premium Classes ... Mercantile Insurance Company Need to control insurance business was felt by the British government which introduced the Insurance Act in 1938 and Insurance Rules in ...
Date added: June 23, 2014 - Views: 1
The Employees’ State Insurance Act is an integrated measure of Social Security designed to accomplish the task of protecting ‘employees’ as defined in the Employees’ State Insurance Act against ... The training is provided at vocational rehabilitation centers run by the Govt. of India etc.
Date added: December 6, 2011 - Views: 82
LIFE INSURANCE INDUSTRY IN INDIA - AN OVERVIEW T.S.VIJAYAN ... AN OVERVIEW In 1938 the earlier legislation was consolidated and amended to become the Insurance Act with the objective of protecting the interests of the insuring public.
Date added: May 9, 2012 - Views: 104
Social Security System in India Otojit Kshetrimayum Associate Fellow, VVGNLI [email protected] & ... Employees State Insurance Scheme Employees State Insurance Act, 1948 Aim medical care services (medical care is also provided to families of the insured persons) ...
Date added: June 26, 2013 - Views: 15
INDIA: ECO-LEGISLATION & PRODUCER RESPONSIBILITY Mrs Almitra H Patel, Member, Supreme Court Committee ... 1989 Five Rules for Hazardous Waste 1991 Public Liability Insurance Act 1998 Biomedical Waste (Management & Handling) Rules 1991 Fly Ash Notification, amended ...
Date added: May 2, 2013 - Views: 13
HOW THE INSURANCE MARKET OPERATES CHAPTER -1 What is insurance? The need for insurance Life insurance provides protection to a family on the untimely death of the income provider.
Date added: April 17, 2014 - Views: 3
flow of the act. protection of gratuity. protection of action taken in good faith. cognizance of offences. exemption. penalties. recovery of gratuity. powers of inspectors
Date added: May 2, 2013 - Views: 20
The ESI Scheme is an integrated measure of Social Insurance come to the life through the Employees' State Insurance Act – 1948, and is designed to complete the task of protecting ... (State Bank Of India) through Online Generated Challan, on or before 21st day of the Succeeding ...
Date added: May 24, 2014 - Views: 3
Issues facing Insurance Regulatory Agencies C.S. Rao, Chairman, IRDA 14th November, 2005 Issues Economic Reforms Process Evolution of Insurance in India Registration Process Control & Regulation of Rates, Terms & Conditions Financial Monitoring of Insurance Companies Insurance Intermediaries ...
Date added: December 26, 2013 - Views: 4
... insurance provides a ‘death benefit’ in return for small periodic payments called premiums * Insurance history in India First Insurance company in India set up in 1870 Insurance Act passed in 1912 and amended in 1938 More than 100 insurance companies in India in 1950 Insurance ...
Date added: September 27, 2012 - Views: 13
Unorganised Sector in India 1. Sharad Singh, Regional Provident Fund Commissioner 2. ... 1923 - Employees’ State Insurance Act, 1948 Death - Workmen’s Compensation Act, 1923 - Employees’ State Insurance Act, 1948 Maternity - Maternity Benefit Act, 1961 ...
Date added: December 12, 2013 - Views: 8
Fraud Any act committed with the intent to cheat , ... As per one report, the healthcare insurance in India may be losing approximately 1000 crore INR under Fraud & Abuse per annum Misrepresentation Sec-18 of Indian Contract Act-I.
Date added: October 2, 2012 - Views: 28
... and Exchange Board of India Act Depositories Act Labour and Industrial Laws Factories Act Industrial Dispute Act Minimum Wages Act Payment of Wages Act Payment of Gratuity Act Payment of Bonus Act Employees PF and Misc. Provisions Act Employees State Insurance Act Workmen’s ...
Date added: June 2, 2012 - Views: 47
Competition Policy in India: an Overview TCA Anant Department of Economics Delhi School of Economics The origins of Indian Law Directive Principles Art 38 and 39 1. that the ownership and control of material resources of the community are so distributed as best to subserve the common good; and 2 ...
Date added: September 25, 2011 - Views: 49
6. The Multimodal Transportation of Goods Act, 1993. 7. The Motor Transport Workers Act, 1961 8. The Public Liability Insurance Act ... The Motor Vehicles Act, 1988 3. The National Highways Act, 1956 4. The National Highways Authority of India Act, 1988 5. The Control of National Highways ...
Date added: June 3, 2014 - Views: 2
... Mexico Universal coverage through National Health Insurance Act- Thailand India- health in the Directive Principles but not a fundamental right Three different structures Govt + social insurance, Mexico, Col. Govt + pvt (insurance absent) ...
Date added: May 28, 2013 - Views: 5
Companies Act, 2013Accounts and Auditor & New Provisions Related to Financial Statements – 19TH April,2014Baroda Branch of WIRC of India by CA Yagnesh DesaiB.Com, FCA , CPA (USA) Financial Statements. ... Insurance company. Banking company.
Date added: April 30, 2014 - Views: 4
India’s high scores on power distance reflect a society that is characterized ... pay a fixed allowance for routine check-ups; or participate in a group medical insurance policy. The ... * The Payment of Bonus Act guarantees that a bonus is paid to employees who have worked for at least ...
Date added: August 14, 2011 - Views: 778
CONSUMER PROTECTION ACT, 1986 ( With amendments of the Act effected from 15.3.2003 and rules from 5.3.2004) CONSUMER PROTECTION ACT, 1986 Enacted to provide for the better protection of the interest of consumer Act applies to whole of India except Jammu and Kashmir Chapter I, II and IV came into ...
Date added: November 6, 2011 - Views: 230
... Employees Provident Fund & Miscellaneous Provisions Act, 1952 Income Tax Act,1961 Provident Fund Act, 1925 Indian Trusts Act, 1882 Introduction Following three Schemes framed under the EPF & MP Act, ... To buy life insurance policies. To buy land, or to build or buy a house.
Date added: June 26, 2014 - Views: 1
HISORY OF INDIAN INSURANCE INDUSTRY Presented by : M.S.NARAYAN, Development Officer, LIC of India, Mandya Branch, Mandya. Genesis of Insurance in India Manusmruthi By MANU Dharmashastra By YAGNYAVALKYA Arthashastra By KOUTILYA THE PIONEERS In India, Modern Life ...
Date added: April 29, 2013 - Views: 23
... Party In India, the Motor Vehicles Act was passed in 1939.The Act was revised in 1988 The Motor Tariff was withdrawn in 2007.However,the policy formats and relevent General Regulations were allowed to continue LEGISLATIVE ENVIRONMENT The Insurance act The Motor Vehicle Act The ...
Date added: June 25, 2013 - Views: 4
Section 37(1) of the Insurance-tax Act,1961 provides that any expenditure laid out or expended wholly and exclusively for the purposes of the business or profession , ... The Life Insurance Corporation Of India, Jeevan Kendra, Jamshedji Tata Road, ...
Date added: May 4, 2013 - Views: 46
Deposit Insurance - the Indian System Usha Thorat Deputy Governor Reserve Bank of India March 29, 2007 Introduction Significant changes in the financial systems world over, in the recent years Banking Regulation/Supervision and Deposit Insurance, critical for financial safety net, need to evolve ...
Date added: May 2, 2013 - Views: 9
Section 3 of the Prevention of Money Laundering Act (PMLA ... Money Laundering V/s Terrorist Financing The AML Transition in India for ... of the FATF AML framework in India Scheduled Offences included in PMLA 2009 Agenda Agenda Risk Comparison between Insurance & Banking Risk ...
Date added: October 12, 2011 - Views: 188
Bharti AXA Life Insurance Welcomes you * * Bharti Enterprises is one of India’s leading business groups with interests in telecom, agri-business, financial services and retail Bharti Airtel Limited, is one of the most valued company of India.
Date added: July 25, 2013 - Views: 19
... TRIA – Terrorism Risk Insurance Act of Nov 2002 designed to provide a US Treasury financial backstopfor commercial insurers from potential insolvency ... managed by the government-owned General Insurance Corporation of India on behalf of all non-life insurance companies. NEPAL ...
Date added: June 5, 2012 - Views: 23
Insurance in India has evolved over time heavily drawing from other countries, England in particular. * JOURNEY OF INSURANCE: ... Insurance Act amended earlier legislation for protecting the interests of the insuring public. 1956: 245 ...
Date added: May 16, 2013 - Views: 27
Accessible and usable in India. Information to be complete and unaltered. ... Companies Act , 2013. As per S. 137, exemption given to private companies withdrawn. ... LIABILITY INSURANCE. FOR AUDITORS.
Date added: May 25, 2014 - Views: 3
... in 1818 by Oriental Life Indian Life Assurance Company Act 1912 was the first statutory measure to regulate life insurance business in India Insurance Act 1938 was the first comprehensive Act to regulate insurance Amendment of 1950 imposed stricter control India 1956: ...
Date added: June 4, 2013 - Views: 9
... The Indian Insurance Companies Act enacted to enable the government to collect statistical information about both life and non-life ... June 2000 June 17, 2011 Only ONE out of FIVE insurable population in India have insurance coverage In terms of insurance premium per capita and ...
Date added: September 29, 2011 - Views: 43
With Insurance Regulatory and Development Act 1999 and the liberalization of insurance more private voluntary health schemes are expected to be ... Challenges with insurance India linking health insurance with employment is difficult because most people are self employed, have ...
Date added: September 12, 2011 - Views: 127
HISTORY Achener Ruck in 1852 Types Of Reinsurance Treaty Facultative Retrocession Reinsurance Reinsurance In India GIC only Reinsurer Min. of 10% reinsured with GIC Insurer to maintain Max. Retention Inter company cession between four PSU Government Regulations The Insurance Act, ...
Date added: June 1, 2013 - Views: 7
the employees’ state insurance act – 1948 pioneering measure in social insurance in india. health insurance first discussed in 1927 by indian legislature.
Date added: May 3, 2013 - Views: 18
Chapter 16 Employment Relations in Some Asia Pacific Countries Australia Workplace Relations Act (1996) - employers and employees directly responsible for IR decision - reduce role of third party intervention - guide AIRC on the award system that determines pay and conditions Australian ...
Date added: September 25, 2013 - Views: 16
While discussing the new provisions under Companies Act 2013 regarding preparation of Financial statements, we will cover . Books of accounts. Depreciation
Date added: June 4, 2014 - Views: 1
Legal Framework Emigration and Labour Related Acts in South Asia: Bangladesh: Emigration Ordinance 1982 India: Emigration Act, 1983 Nepal: Nepal Labour Act 2048, Labour (First Amendment) Act, 2054 (1988 ... 1923 The Employees’ State Insurance Act, 1948, The Payment of Gratuity Act, ...
Date added: August 22, 2011 - Views: 68
Key issues to address To meet these challenges, India’s insurance market needs to address these key issues: FDI cap of 26% on foreign capital (49% awaiting cabinet approval). ... the passage of Insurance Regulatory Development Act (1999) opened insurance for private companies.
Date added: May 2, 2013 - Views: 7
Small fee for availing health services. Origin of Health Insurance…contd National: 1999: IRDA act passed. 2001: Insurance amendment Act: Emphasis on TPAs ... The approach to health insurance in India must take into account specific considerations The traditional model has focused on ...
Date added: February 10, 2012 - Views: 31
Outsourcing-are we exporting our pollution along with our jobs? Yes, most definitely we are. Alice Wang ENVR 230 11-08-07 Kuznets Curve 1938 Federal Food, Drug, and Cosmetic Act 1947 Federal Insecticide, Fungicide, and Rodenticide Act 1948 Federal Water Pollution Control Act (also known as the ...
Date added: October 30, 2011 - Views: 51
The Various Financial Institutions provide finance to entrepreneurs. 1). Industrial Finance Corporation Of India (IFCI): It was established in 1948 under an Act of parliament with the object of providing medium and long-term credit to industrial concerns in India.
Date added: September 30, 2012 - Views: 83
In India, chapter 5 of the Finance Act defines ‘franchise’ as “an agreement by which the franchisee is granted representational rights to sell or ... 1952; The Employee State Insurance Act, 1948; The Employers’ Liability Act, 1938; The Minimum Wages Act, 1948; The Payment of Bonus ...
Date added: September 2, 2011 - Views: 108