My views and Ideas about health, finance and technology. As all three are intereconnected to out life.
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Tax Cuts Bring Down Insurance Costs
If the tax cuts suggested by the government become law and are passed in the upcoming Winter Session, then the insurance sector would have good chances of revival. he Finance Ministry and the Insurance Regulatory and Development Agency are working at how to mull down the taxes imposed on life insurance, including the 18 percent minimum alternate tax (MAT) for general insurers, 12.36 percent service tax on ULIPS and other traditional policies.
http://bizcovering.com/business/tax-cuts-bring-down-insurance-costs/
If the tax cuts suggested by the government become law and are passed in the upcoming Winter Session, then the insurance sector would have good chances of revival.
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