Economic Survey 2025 flags cost burden in insurance, backs tougher Rs 10-crore penalties
According to the Survey, the maximum monetary penalty for violations has been raised tenfold, from Rs 1 crore to rs 10 crore, alongside granting the regulator powers to order disgorgement of wrongful gains.
According to the Survey, the maximum monetary penalty for violations has been raised tenfold, from Rs 1 crore to rs 10 crore, alongside granting the regulator powers to order disgorgement of wrongful gains.
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