Insurers say that tax deduction at source (TDS) on taxable life policies has become more equitable after the Budget. Life insurance policies that do not qualify for tax breaks, such as those without life cover that is at least 10 times the premium amount, will face TDS only on gains following changes proposed in the Union Budget.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2YP1KPM
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