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April 22, 2026
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Life and general insurers are urging the government to introduce targeted fiscal and structural reforms in Union Budget 2026 to make insurance more affordable and accessible, supporting the vision of “Insurance for All by 2047.” Industry leaders highlighted the need for tax parity between life policies and unit-linked plans, simplified annuity taxation, and incentives for Continue Reading
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Finance Minister Nirmala Sitharaman on Tuesday introduced the Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Bill, 2025 in the Lok Sabha, marking a major overhaul of India’s insurance framework. The bill proposes sweeping amendments to the Insurance Act, 1938, the LIC Act, 1956, and the IRDAI Act, 1999, with the headline reform being the […]Continue Reading
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