#tax-free-limit
India insurers seek doubling of tax-free limit for some products to boost inflows, sources say
Inflows into non-ULIP schemes have risen a modest 2% and 5% for fiscal years 2024 and 2025, respectively; this is sharply lower than the 13% and 18% growth in the previous two years
India insurers seek doubling of tax-free limit for some products to boost inflows, sources say
Indian life insurers are asking the government to double the tax-free limit for insurance policies. This move aims to increase money flowing into these funds. Inflows have slowed down since new tax limits were introduced in February 2023. Higher inflows would…