What Insurance Sector Wants from Budget 2012
Service Tax Exemption on Term and Health Insurance Products
Health insurance and term insurance products should be exempted from service tax. In practical absence of a government-backed social security and rising health care costs, there is a requirement to offer incentive to construct a safety net. Exemption of service tax on term products for life and health insurance premiums up to 
10,000 can help attain the same
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