Wealthy individuals boosting their investment returns from high-value insurance policies may be a thing of the past as the finance minister Nirmala Sitharaman proposes to limit the aggregate premium eligible for tax exemptions, but that could squeeze an industry that is still in a nascent stage.
source https://economictimes.indiatimes.com/industry/banking/finance/insure/insurers-life-under-cover-to-under-fire/articleshow/97534870.cms
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