Budget 2020: What New Personal Tax Regime, LIC IPO Mean?

Описание: Nirmala Sitharaman made two announcements in #Budget2020 that could affect life insurers - 1) The new personal income tax regime, although optional, allows lower rates for individuals who forgo deductions, exemptions and rebates - contribution to life insurance under Section 80 C would be a part of that and 2) The proposed LIC IPO could tilt the dynamics for life insurers in the equity market. To understand the implications, we have with us MD & CEO at HDFC Life Vibha Padalkar.


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