FM Proposes To Do Away With Tax Exemptions On High Value Life Insurance Policies | The Bengaluru Live

FM proposes to do away with tax exemptions on high value life insurance policies

The Bengaluru Live 1 February 2023 1 minute read

📘 Read this story in Kannada

Maturities of life insurance policies with an annual premium of Rs 5 lakh and above taken after April 2023 will now be taxed after Finance Minister Nirmala Sitharaman removed the tax exemptions on them.

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