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Budget 2026: Insurers Lobby for ₹50,000 Tax Shield and 5% GST Pivot to Secure 'Bharat'
Budget 2026: Insurers Lobby for ₹50,000 Tax Shield and 5% GST Pivot to Secure 'Bharat'
Money & Policy

Budget 2026: Insurers Lobby for ₹50,000 Tax Shield and 5% GST Pivot to Secure ‘Bharat’

India's insurance giants are demanding a radical tax overhaul in Budget 2026, including a 5% GST pivot and a dedicated ₹50,000 deduction limit. The move seeks to bridge a massive protection gap as the nation eyes 'Insurance for All' by 2047.

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May 13, 2026

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