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SBI Life Insurance Company Ltd

Budget Announcement - 2023 (Proposal On Taxation Of Non-Linked Life Insurance Policies)

08:48 PM, 2nd Feb 2023

With reference to recent Finance Bill and Budget Announcement few proposals have been made for non-linked life insurance policies. The Company would like to inform that the share of business of non - linked policies with annual premium of above ? 500000 is less than 2% of the total APE for 9M-FY2023. The Company strongly believes that the impact is insignificant.

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