http://livesharemarkets.com/2009/07/06/a-complete-analysis-of-indian-union-budget-2009-10/ Thoughts News Opinions On Share Market Of India Fri, 30 Jul 2010 11:26:42 +0000 http://wordpress.org/?v=2.2.2 http://livesharemarkets.com/2009/07/06/a-complete-analysis-of-indian-union-budget-2009-10/#comment-11923 Aditya Tue, 07 Jul 2009 10:21:37 +0000 http://livesharemarkets.com/2009/07/06/a-complete-analysis-of-indian-union-budget-2009-10/#comment-11923 According to Kamesh Goyal, CEO, Bajaj Allianz Life Insurance, the insurance industry had a lot of expectations like exemptions and benefits for insurance premiums or separate section in Section 80 C, so that it could have provided a boost for long term investments like life insurance. However, scrapping of the FBT, and an unchanged tax structure are in the right direction. So, budget 2009 is a mix of good and bad. According to Kamesh Goyal, CEO, Bajaj Allianz Life Insurance, the insurance industry had a lot of expectations like exemptions and benefits for insurance premiums or separate section in Section 80 C, so that it could have provided a boost for long term investments like life insurance. However, scrapping of the FBT, and an unchanged tax structure are in the right direction. So, budget 2009 is a mix of good and bad.

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