Life insurance proceeds taxable for premium over Rs 5 lakh: What has changed, what you should doFor life insurance policies issued on or after 1 April 2023, the tax exemption on maturity benefits under Section 10(10D) will only be appl...
06 Feb, 2023, 06.30 AM IST
Getting tax free income from insurance policies, except Ulips, restricted furtherThese amendments will take effect from 1st April, 2024 and will accordingly apply to the assessment year 2024-25 and subsequent assessment ...
02 Feb, 2023, 10.18 AM IST
Capital gains tax on ULIP income part of last BudgetFinance Act 2021 inserted a provision in the Income Tax Act to make income from ULIPs taxable as capital gains, just like redemption from m...
25 Jan, 2022, 10.27 AM IST
Taxation of ULIP proceeds to create 'level-playing field' with mutual funds: I-T departmentProceeds of high-premium Unit Linked Insurance Plans (ULIPs) have been made taxable to create a "level-playing field" with mutual funds, of...
25 Jan, 2022, 09.15 AM IST
Should you still invest in ULIPs despite Budget 2021’s new tax?For ULIP investors, especially in higher income tax bracket, the substantial tax advantage of section 10(10D) of the Income Tax Act besides...
08 Feb, 2021, 12.07 PM IST
Will 10% LTCG tax on ULIPs be positive for equity mutual funds?In today’s budget, Nirmala Sitharaman proposed that, “the nonexempt ULIP shall be provided same concessional capital gains taxation regime ...
01 Feb, 2021, 04.44 PM IST
Seven 'reformed' Ulips with the lowest chargesThe new online Ulips have significantly low charges and additional benefits. ET Wealth looks at some of the cheapest plans available in the...
07 May, 2018, 06.30 AM IST
HNI ULIPs: Are they worth buying?For HNIs, insurers have now started offering big-ticket ULIPs that come with lower costs if held till maturity. Here's what some of them ha...
23 Dec, 2016, 03.00 PM IST
ULIP premiums of private insurers surge even as mutual funds attract inflowsICICI Prudential Life Insurance, the largest private life insurance company, has had 85% of its new premiums coming from ULIP schemes in FY...
11 Jun, 2015, 04.50 AM IST
- ICICI Prudential Life launches two new Ulips Elite Life and Elite Wealth
The features of both the plans are similar, save the premium. The minimum premium for Elite Life is 2 lakh, while it goes up to 5 lakh for ...
12 Oct, 2011, 03.23 AM IST
- Pay limited premium, get maximum benefits
Limited pay plans enable you to enjoy coverage for a long period by paying higher premium in the initial years.
08 Jun, 2011, 04.01 AM IST
- Ulips’ charges may be down, but they still have many limitations
Now that the charges have come down, do Ulips, being a combination product usually with a focus on a particular goal, make a good choice?
11 May, 2011, 06.13 AM IST
- Buying a ULIP? Scan the charges that you will have to pay
Understanding the various categories of charges that you will pay will help you make a better decision on which ULIP to choose.
06 Apr, 2011, 07.42 AM IST
- Irda issues Ulip guidelines, raises lock-in period to 5 yrs
After winning the turf war with the markets regulator Sebi over control over Ulips, the insurance watchdog Irda tightened the norms for the...
28 Jun, 2010, 10.16 PM IST
- ET Classroom: Top-up premiums in ULIPs
A top-up premium is something that a policyholder can invest into his ULIP over and above his existing premium payment.
23 Dec, 2009, 04.07 AM IST
- IRDA seeks equal treatment to ULIP, MF schemes in Budget
Insurance regulator IRDA has asked for bringing about level-playing field between unit linked investment products of life insurers and mutu...
14 Jun, 2009, 12.18 PM IST
- Life insurers modify ULIPs to attract investors
ICICI Pru Life, HDFC Standard and Max New York Life have recently launched ULIPs with a limited premium paying terms. Ten hot money-spinner...
03 Jun, 2009, 10.21 AM IST