IndiaInsurance
8th January 2024, 06:52 AM
The annuity double taxation is a big one because India is one of the largest grey countries and a part of the reason annuities are not doing as well is the taxation structure. You are taxing it at entry and exit: Sumit Rai, MD & CEO, Edelweiss Tokio Life Insurance shares his expectations from Budget 2024
More... (https://economictimes.indiatimes.com/wealth/insure/life-insurance/budget-2024-increase-premium-limit-to-rs-10-lakh-to-make-payouts-from-life-insurance-taxable-sumit-rai-of-edelweiss-tokio-life-insurance/articleshow/106590059.cms)
More... (https://economictimes.indiatimes.com/wealth/insure/life-insurance/budget-2024-increase-premium-limit-to-rs-10-lakh-to-make-payouts-from-life-insurance-taxable-sumit-rai-of-edelweiss-tokio-life-insurance/articleshow/106590059.cms)