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What is the meaning of Conditional Assignment?

Conditional Assignment refers to the way by which an assignor i.e. life insurance policyholder can transfer policy rights to the assignee as per the terms and conditions. As per conditional assignment, the assignor gets back the policy rights if he/she fulfils all the criteria under which the policy was initially transferred. On the contrary,  only […]

National Capital Goods Policy, 2016

The Capital Goods industry is one of the key contributors to value added manufacturing in India. Capital goods include plant machinery, equipment and accessories required for manufacture or production of goods or for rendering services, either directly or indirectly. Currently, the Capital goods sector is contributing 12% to manufacturing sector which translates to around 2% of […]