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Insurance Industry Body Seeks Raising Limit On Premium For Taxation To ₹10 Lakh, To Meet FM Today

Insurance Regulatory and Development Authority (IRDAI) is likely to meet Union Finance Minister Nirmala Sitharaman today to seek relaxation on taxation on insurance policy, sources informed CNBC-TV18. The insurance industry body is expected to ask Sitharaman to raise premium limit for taxation to Rs 10 lakh per year versus budget 2023 announcement of Rs 5 lakh per year, sources said.#insuranceindustrybody #premiumfortaxation #nirmalasitharaman #unionbudget2023 #cnbctv18 #businessnews #businessnewstoday #businessnewsinenglish #sharemarkettoday About CNBC-TV18:

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