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Budget measures to deepen insurance penetration over time: IndusInd GI

 

Published By: ​Business Standard ​

Published Date: 1/2/2026

Senior leaders across the Indian insurance industry welcomed the Budget’s balance between growth, fiscal prudence, and sector-specific relief measures. Executives highlighted the tax exemption and removal of TDS on interest awarded by Motor Accident Claims Tribunals as a meaningful step for motor policyholders, improving claimant outcomes and reducing cost friction in the claims process.

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