According to Miranjit Mukherjee, Chief Financial Officer Tata AIG General Insurance Company Limited, discouraging the use of cash and encouraging electronic forms of payment is a welcome move for the insurance companies.
Home insurance premium should enjoy tax rebate. Insurance premium for covering small and medium enterprise risks could be exempted from service Tax.
In an interview with CNBC-TV18's Shereen Bhan experts discuss the new waves of growth for India.