Budget 2023: Income tax sops for health, life insurance policyholders; GST cut, what insurance indus

[IndiaInsurance]

https://img.etimg.com/photo/97118414.cms (https://economictimes.indiatimes.com/wealth/personal-finance-news/higher-income-tax-deduction-gst-cut-for-health-insurance-separate-section-for-life-insurance-budget-2023-wish-list-insurance-sector/articleshow/97118414.cms)Amid high inflation and rising medical costs, the common man is expecting a host of insurance related reliefs from this Budget 2023. Insurance industry is also supporting such benefits for a common man as it will also help in industry’s growth. From higher deductions for health insurance premiums to a separate tax deduction section for life insurance, here is the insurance sector wish list for Budget 2023.

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