Budget 2026 Expectations: Insurers Seek Higher Tax Deductions And GST Reforms - LawChakra

Thank you for reading this post, don't forget to subscribe! As Union Budget 2026 nears, India’s insurance industry seeks major fiscal and regulatory reforms to boost penetration. Key demands include higher tax deductions, health and life benefits under the new tax regime, and GST ITC clarity to cut costs. NEW DELHI: As Union Budget 2026 approaches, the insurance industry is intensifying its focus…