ALL EXPECTATIONS ON markets
Chairman & Country Head
For the common man, though the cumulative savings implied by various provisions are stated to be to the tune of Rs 4.44 lakh, this is assuming a certain magnitude of personal investments into pension funds and health insurance.
Director & CEO
LIC Nomura Mutual Fund
There should be a level playing field for MF Industry along with Retirement Plans of NPS and Insurance Companies.Some announcement in this regards is expected in the Union Budget this year.
COO and CQO
Max Bupa Health Insurance
Forthcoming budget should take small steps such as removing service tax on health insurance premium, increasing deduction limit under section 80D to increase penetration of insurance.
Managing Director and Chief Executive Officer
Tata AIG General Insurance Compnay
Insurance premium for covering small and medium enterprise risks could be exempted from Service Tax; this will greatly help the SME sector in insuring their assets.
ICICI Prudential Life
In the interest of larger penetration and with a view to encouraging people to buy life insurance as a long-term protection and savings tool, it would help if due consideration is given while subjecting the sector to service tax.
Kotak Life Insurance
It is important that government incentivize investments in long term savings in pension by having an explicit exemption for investment in pension Products. This could be on Exempt-Exempt-Tax (EET) mechanism.
MD & CEO
For a level playing field, the Government can consider allowing pension products offered by life insurance, mutual funds to come under Section 80CCD like the NPS where investments by employers can help employees avail extra benefits.
MD & CEO
Max Life Insurance
A clear roadmap to support “Make in India’ will make the country an attractive destination for long term foreign capital.
CEO - Wholesale Capital Markets
Edelweiss Financial Services
High expectations are already built-in & and some of those have already been laid out by. So unlikely that mkt would resume a new post-Budget rally given the kind of base we are sitting at
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