Anthony Jacob, managing director, Royal Sundaram Alliance
01 Mar 2007
We
are pleased that the government has taken into cognizance
the need to increase the ceiling for tax benefits under
Sec 80D for health insurance from the current Rs10,000
premium to Rs15,000 and Rs20,000 for senior citizens.
This will encourage more people
to buy health insurance, safeguarding their future in
times of need and also improve market penetration.
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