Insurance sector seeks tax deduction specific to long-term savings

[IndiaInsurance]

To enhance insurance penetration in the country, the sector is seeking a separate threshold for IT deductions for long-term savings and a relook at the taxation structure in annuity in the forthcoming Union Budget.

More... (http://economictimes.indiatimes.com/Insurance-sector-seeks-tax-deduction-specific-to-long-term-savings/articleshow/4710527.cms)