Scrapping or slashing of Goods and Services Tax (GST) on insurance premiums, making pension/annuity proceeds tax-free, and creating a separate category for tax deduction for premium paid are some of the budget wishlist of Indian insurers.source https://economictimes.indiatimes.com/industry/banking/finance/insure/budget-2023-insurers-hope-for-tax-concessions-to-underwrite-industrys-growth/articleshow/97222003.cms
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