Duty D10-TSW, published by Department of Financial Services, Ministry of Finance [D10-TSW]
As at 7 September 2026. In force from 26 January 1961.
Addressee: Every insurer.
Required: Obtain a licence before undertaking the carrying on of insurance business; apply in Form IRDA-2, fee one thousand rupees.
Period: Before the activity begins; licence valid three years.
Form: Form IRDA-2.
Source: Section 6, Deposit Insurance and Credit Guarantee Corporation Act, 1961 [S1G-F2B].
Penalty provision: Section 53, Deposit Insurance and Credit Guarantee Corporation Act, 1961 [S1G-GHV].
Published by: Department of Financial Services, Ministry of Finance.
In force: from 26 January 1961.