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...
Ulips bought after Jan 2021 will be tax exempt only under these conditions: Govt issues rulesBudget 2021 had proposed to remove the tax-exempt status on the proceeds of ULIPs if the annual premium exceeded Rs 2.5 lakh. However, ther...
Take this short test to find out if you should buy a ULIPLike mutual funds, Ulips also invest in the markets. Be prepared for the market risk that the investment will be exposed to.
New Ulip rules deflated life insurers’ profits in 2015-16Private players worst hit as Ulip lapsation and surrender funds will no longer fatten the bottom line.
LIC profit rises 38%, private players see 15% declineICICI Prudential Life registered a 1% growth in net profit, while Bajaj Allianz Life Insurance saw an even smaller 0.3% uptick.
ET Wealth: Are Ulips better investment now?After the removal of several of their shortcomings, Ulips offer a good investment opportunity. Here’s what to watch for while buying one.
- Now, buying Ulips will cost less
Insurance sector regulator IRDA on Monday came out with a set of guidelines directing life insurers to offer unit-linked insurance plans (U...
IRDA control of ULIPs will benefit insurer and people: DK Mehrotra, LICDK Mehrotra, MD, LIC, in a chat with ET Now talks about ULIPs row between IRDA -Sebi and also talks about the company.
- Govt's ULIP ruling to hit MFs hard
Equity-oriented mutual funds, which are governed by the Securities and Exchange board of India will be affected adversely because of the st...
'We'll unveil norms to make Ulips attractive'IRDA Chairman J Hari Narayan in an exclusive interview with ET said the new ordinance will boost policyholder's confidence in ULIPs. Also, ...
IRDA wins ULIP battle: Govt to amend laws to revive salesUncertainty over Ulips ends as government promulgates ordinance to amend laws that will revive sales. 5 insurance policies everyone must ha...
- Pension schemes to carry health cover too
The health cover will replace or complement the compulsory life cover that insurers have to offer.
- All Ulips, pension products to now come with life cover
The insurance watchdog Irda has made it mandatory for insurance companies to provide life cover for all Unit Linked Insurance Plans (Ulips)...
- Ulip row won’t affect investor confidence: Salman Khurshid
Minister for corporate affairs Salman Khurshid on Wednesday set aside fears that the regulatory row between Sebi and Irda over market-linke...
- Investors need not worry over ULIP issue, says Khurshid
Corporate Affairs Minister Salman Khurshid today downplayed fears that investors would lose confidence due to the row between SEBI and IRDA...
- ULIP ruling will impact corpus of banks present in insurance: Karvy Stock Broking Ltd
Ambareesh Baliga, VP, Karvy Stock Broking Ltd, in a chat with ET Now talks about ULIPS.
- Insurers likely to focus more on term & endowment plans
MOST among the 14 life insurers have now individually decided to market more of the traditional non-Ulip products, since a final verdict on...