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Feb 04, 2023, 04:31PM ISTSource: TOI.in
As the government proposes to exempt tax-free status on some insurance policies with premium more than Rs 5 lakh, most experts see this move as disappointing and dampener. A similar reaction was also seen on streets with respect to insurance stocks as they witness deep cut on Wednesday. Here’s how Sitharaman explains the proposal of removing tax-free status on some insurance policies.
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