Budget 2022: Insurers urge higher 80C investment limit; reduction in GST on health products

“We expect the budget to consider creating a separate section for tax deduction on premium paid towards life insurance. This would enable a more logical segregation of customer’s funds into long-term and short-term kitties,” Edelweiss Tokio Life Insurance Executive Director Subhrajit Mukhopadhyay said.”We expect the budget to consider creating a separate section for tax deduction on premium paid towards life insurance. This would enable a more logical segregation of customer’s funds into long-term and short-term kitties,” Edelweiss Tokio Life Insurance Executive Director Subhrajit Mukhopadhyay said.Read More

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