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Non-life AUM too is expected to grow by 15 to 16 per cent from Rs 1.7 lakh crore to Rs 3.85 4.15 lakh crore in the next 5 to 6 years. The new annualized business premiums of life insurance sector and gross premiums of non-life will also grow at a similar pace.

Income from high value insurance policies taxable

Mumbai: Come April 1, income from traditional life insurance policies (other than Ulips) with an aggregate premium...

1 Feb 2023 7:05 PM