Sucheta Dalal :2% TDS on Life Insurance is a sensible idea
Sucheta Dalal

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2% TDS on Life Insurance is a sensible idea  

July 24, 2014

Budget proposal of 2% TDS on Life Insurance will shock many careless insurance buyers

 

Raj Pradhan

 

The Union Budget 2014-15 has introduced 2% tax-deducted-at-source (TDS) on the maturity amount of a life insurance policy if it does not qualify for tax-free returns.

 

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-- Sucheta Dalal