One advantage of a Ulip is that investors can choose the underlying mix of products. “People who want to mix insurance with ...
The incentives to switch to the new tax regime... are viewed as a negative due to potential loss of customers who buy ...
The Union Budget 2025 clarifies the tax treatment of Unit Linked Insurance Policies (ULIPs), aligning them with other ...
The new reform dictates that ULIPs with annual premiums over Rs 2.5 lakh will face a 12.5 percent tax on gains, if held for ...
MUMBAI: High ticket Ulips (unit-linked insurance plans) held for over one year will now attract capital gains tax at 12.5% ...
Tax free maturity proceeds for all ULIPs, money-back and other insurance policies only if non-residents buys it from IFSC by ...
The latest clarification classifies ULIPs as capital assets, with proceeds taxed under ‘capital gains’ instead of ‘income ...
While life insurers are offering rule-based index funds through ULIPs as a low-cost option, the hidden charges and high ...
Shriram Life Insurance, promoted by Chennai-based Shriram Group and Africa’s Sanlam Group, reported a 21% year-on-year growth ...
While ULIP sales have significantly driven premium growth for private insurers, a downturn in market stability typically ...
Until now, ambiguity surrounded the tax treatment of ULIPs where premiums exceeded certain thresholds, creating confusion for ...
ULIPs to which exemption under clause (10D) of section 10 does not apply, shall be included in the definition of equity ...