Industry reacts to Budget 2006-07
Domainb.com, 28 February, 2007
Antony Jacob, Managing Director, Royal Sundaram Alliance.
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.