New tax regime will impact insurance companies. Earlier in old regime, people used to buy lic for 80c and medical for 80d, now, such deduction and 18% gst on those products, we might see dip.
That's a plausible expectations, but that is also to assume people only bought insurances because of their tax benefit and we don't know how much truth there is to that assertion.
New tax regime will impact insurance companies. Earlier in old regime, people used to buy lic for 80c and medical for 80d, now, such deduction and 18% gst on those products, we might see dip.
That's a plausible expectations, but that is also to assume people only bought insurances because of their tax benefit and we don't know how much truth there is to that assertion.