Posted inBlog Are Insurance Companies NBFC? Posted by By Kaavje Sahé 13 September 2024 No, insurance companies are not considered Non-Banking Financial Companies (NBFCs). While both provide financial services,…
Posted inBlog Are Insurance Claims Taxable? Posted by By Kaavje Sahé 12 September 2024 For life insurance, the death benefit received by beneficiaries is typically exempt from income tax,…