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Budget 2023: Tax tweak in life insurance to dent topline 10-12%, says HDFC Life chief

The Budget 2023 announcement to make changes to tax exemption policy on life insurance will likely have a 10-12 percent impact on the top-line products of HDFC Life and a five percent impact on the bottom-line products if nothing is done to mitigate the change, said Vibha Padalkar, MD and CEO, HDFC Life Insurance.

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​ The Budget 2023 announcement to make changes to tax exemption policy on life insurance will likely have a 10-12 percent impact on the top-line products of HDFC Life and a five percent impact on the bottom-line products if nothing is done to mitigate the change, said Vibha Padalkar, MD and CEO, HDFC Life Insurance. The Budget 2023 announcement to make changes to tax exemption policy on life insurance will likely have a 10-12 percent impact on the top-line products of HDFC Life and a five percent impact on the bottom-line products if nothing is done to mitigate the change, said Vibha Padalkar, MD and CEO, HDFC Life Insurance.  Moneycontrol Latest News Read More  

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