Budget 2014: 5 must-do reforms for insurance sector

Tue Jul 01 2014, 12:24 hrs
Budget 2014 is a critical platform wherein the government should announce macro and industry specific measures to enable the economy to return to the growth path.  1. Impose health cess on firms that don’t provide cover to employees Read Full Story
Budget 2014 is a critical platform wherein the government should announce macro and industry specific measures to enable the economy to return to the growth path.

1. Impose health cess on firms that don’t provide cover to employees Read Full Story

2. Increase I-T exemption for health insurance to Rs 50,000 (Photo: Thinkstock)
2. Increase I-T exemption for health insurance to Rs 50,000 (Photo: Thinkstock)
3. Make home insurance mandatory at time of registration (Photo: Thinkstock)
3. Make home insurance mandatory at time of registration (Photo: Thinkstock)
4. Abolish or revise outdated Acts, such as Motor Vehicle Act. (Photo: Thinkstock)
4. Abolish or revise outdated Acts, such as Motor Vehicle Act. (Photo: Thinkstock)
5. Form a natural catastrophe pool to deal with calamities. (Photo: Thinkstock)
5. Form a natural catastrophe pool to deal with calamities. (Photo: Thinkstock)
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