Hike premium limit to Rs 10 lakh to make payouts from life insurance taxable in Budget 2024: Sumit Rai of Edelweiss Tokio
The annuity double taxation is a big one because India is one of the largest grey countries and a part of the reason annuities are not doing as well is the taxation structure. You are taxing it at entry and exit: Sumit Rai, MD & CEO, Edelweiss Tokio Life Insurance shares his expectations from Budget 2024
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