Insurance penetration cannot be done by merely crowding market with large number of players: AIIEA gen secy Mishra

Mishra said the Centre has in the recent budget made it clear that it intends to migrate to an exemption-free tax regime. "This new tax regime proposed by the finance minister offers no incentives for savings. The insurance industry has for years, been demanding, for raising limits and introducing a separate tax incentive under 80 (C) to make insurance products attractive.

source https://economictimes.indiatimes.com/industry/banking/finance/insure/insurance-penetration-cannot-be-done-by-merely-crowding-market-with-large-number-of-players-aiiea-gen-secy-mishra/articleshow/100053790.cms