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Govt unlikely to roll back tax plan on high-value life insurance: Report

The government, presenting the 2023/24 budget on February 1, said it would scrap the tax exemption on the total returns upon maturity of life insurance policies if their aggregate premium exceeded 500,000 rupees ($6,103).

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​ The government, presenting the 2023/24 budget on February 1, said it would scrap the tax exemption on the total returns upon maturity of life insurance policies if their aggregate premium exceeded 500,000 rupees ($6,103). The government, presenting the 2023/24 budget on February 1, said it would scrap the tax exemption on the total returns upon maturity of life insurance policies if their aggregate premium exceeded 500,000 rupees ($6,103).  Moneycontrol Latest News Read More  

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