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Business News: Budget 2022: Insurers urge higher 80C investment limit; reduction in GST on health products

Budget 2022: Insurers urge higher 80C investment limit; reduction in GST on health products : Rashtra News #Budget #Insurers #urge #higher #80C #investment #limit #reduction #GST #health #products Insurance companies are seeking a separate deduction limit of Rs 1 lakh for insurance premium payment under Section 80 C of the Income Tax Act in the

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Ageas Federal Life Insurance Strengthens Presence through Strategic Partnership with NKGSB Co-operative Bank – Yugabdha

Ageas Federal Life Insurance Strengthens Presence through Strategic Partnership with NKGSB Co-operative Bank – Yugabdha
yugabda.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yugabda.com Daily Mail and Mail on Sunday newspapers.

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Ageas Federal Life Insurance launches Multicap fund in ULIP Portfolio

Jammu Tawi: One of India's leading private life insurance firms, Ageas Federal Life Insurance (AFLI) today announced the launch of its latest offering, the Multicap Fund, as part of its ULIP (Unit Linked Insurance Plan) portfolio. This open-ended fund is designed to deliver returns by strategically investing in a diversified portfolio of listed companies spanning various

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Income tax relief: Medical cost doubles in 5 years, will Budget 2024 increase Section 80D limit for health insurance?

Budget 2024: The cost of treatment for common ailments that require hospitalisation has more than doubled in five years. A Rs-10-lakh health insurance, which could cover a family of three to five years back, is not adequate to take care of the medical needs now. The tax deduction limit of Rs 25,000 will not typically cover the premium of a health insurance cover of Rs 20 lakh for a family of two or more today. The insurance industry wants Budget 2024 to hike the limit of Section 80D. This move will enhance affordability and motivate individuals to prioritise their familys health. Know what insurance industry wants from Finance Minister Niramala Sitharaman in Budget 2024.

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