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[ad_1] New Delhi: Maturities of life insurance policies with an annual premium of Rs 5 lakh and above taken after April 2023 will now be taxed after Finance Minister Nirmala Sitharaman removed the tax exemptions on them. For better targeting of tax concessions and exemptions, Sitharaman in her Budget on Wednesday proposed to cap deduction…
[ad_1] Delhi: Insurance policies where the premium is over Rs 5 lakh will no longer be tax-exempt, as per the provisions in the Union Budget 2023-24. Kapil Mehta, Co-founder, SecureNow Insurance Broker said the income from traditional insurances where the premium is over Rs 5 lakh will not be tax exempt. While, this will dampen…
[ad_1] Photo: heartmecca/Instagram Riyadh: The Kingdom of Saudi Arabia’s Ministry of Haj and Umrah, has announced that Umrah pilgrims can take advantage of many benefits during their stay in the Kingdom, including health insurance coverage up to a maximum of Saudi Riyals 100,000 (Rs 21,68,209). The health insurance policy for Umrah pilgrims, which was recently…
[ad_1] Saudi Arabia: Up to SR100,000 Health Insurance Coverage for Umrah Pilgrims Saudi Arabia: Umrah pilgrims can now enjoy a number of privileges during their stay in Saudi Arabia, including a maximum health insurance coverage of SR100,000, according to local media. The Ministry of Hajj and Umrah recently authorized the Umrah pilgrims’ health insurance policy, which lists…