<p><em>Bhargav Dasgupta, MD & CEO, ICICI Lombard</em></p>.<p>Insurance remains one of the indispensable aspects as it provides a financial cushion in the time of need and offers tax benefits, thus incentivising more people to safeguard their families. We certainly would like to see more benefits on taxation as it will act as an added impetus for a larger populace to insure themselves and their family. On the overall budget, it would be favourable if the government continues promoting investments, improving ease of doing business, and easing capital formation. In the long run, this will give customers better choices and help deepen the industry's reach and address the penetration gap.</p>
<p><em>Bhargav Dasgupta, MD & CEO, ICICI Lombard</em></p>.<p>Insurance remains one of the indispensable aspects as it provides a financial cushion in the time of need and offers tax benefits, thus incentivising more people to safeguard their families. We certainly would like to see more benefits on taxation as it will act as an added impetus for a larger populace to insure themselves and their family. On the overall budget, it would be favourable if the government continues promoting investments, improving ease of doing business, and easing capital formation. In the long run, this will give customers better choices and help deepen the industry's reach and address the penetration gap.</p>