Union Budget 2023 is released. It has removed tax exemptions on insurance policies whose premium is more than Rs 5 lakh. How will this affect the sector? What has been the reaction of the Insurance Sector about the same? Lastly, what was in the Budget for the Banking Sector? Hamsini Karthik explains.

businessline Podcast is a daily series of podcasts from The Hindu businessline newspaper. In this series, we take a look at news that matter from around the world and stories to provide quick, critical analysis. Our reporters, analysts and experts provide context to help you understand what happened, why is it important and how it impacts you. Listen in as we decode a wide range of topics from politics, policy, Indian economy and the world of business.