The GST Council is expected to announce a significant tax cut on life and health insurance premiums in its upcoming meeting. The move could lower costs for policyholders and boost insurance penetration across India.
Learn MoreA quick guide for policyholders From April 1, 2024, the surrender value is expected to remain the same or even lower if policies are surrendered up to a period of within three years, as per IRDAI.
Learn MoreOne major expectation is higher government investment in the insurance sector. Higher budgetary allocation, they believe, will provide the sector with the requisite impetus
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