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HomeNewsOpinionBudget Snapshot: Government weans off exemptions, life insurers hopeful of more breaks

Budget Snapshot: Government weans off exemptions, life insurers hopeful of more breaks

Annuity policies are growing faster than before but their share is still low in insurance portfolios

January 14, 2025 / 08:42 IST
This time insurers have demanded for a tax break on annuity products which seems fair since there is hardly any growth in this category and Indians seldom see beyond the employee provident funds to save for retirement
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