Life insurance companies challenge GST exemption for term policies
Life insurance companies are opposing a proposed Goods and Services Tax (GST) exemption on term insurance policies. They argue that …
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Now, those above 65 yrs too can buy health cover
Those who are above 65 years of age, can also access health cover now. As part of the slew of …
Life insurance payouts will be taxable if yearly premium exceeds Rs 5 lakh
From assessment year 2024-25, sums received under life insurance policies (excluding unit-linked ones) issued after April 1, 2023, won’t be …
