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
Will Budget 2023 bring in tax parity between mutual funds and ULIPs?Returns from equity mutual funds are taxed depending on the period of holding the investment. ULIPs are not taxed as they are considered in...
25 Jan, 2023, 11.23 AM IST
Tax arbitrage between mutual funds and ULIPs should be addressed in Budget 2022It is Union Budget time, and time to discuss taxation aspects, among other things. Let us discuss the tax treatment differential between in...
14 Jan, 2022, 09.39 AM IST
ULIP taxation: The free switching among funds may go away with new amendmentAt present, most ULIPs offer several free switches from one fund to another and even from a debt fund to equity fund and vice versa. Howeve...
25 Mar, 2021, 11.45 AM IST
Interest on PF contribution above Rs 2.5 lakh to be taxableThe 2021 budget has also proposed to remove the tax exemption under Section 10(10d) to Ulips with a premium of more than Rs 2.5 lakh a year...
04 Feb, 2021, 02.29 PM IST
Rude shock for too much ULIP to lift equity mutual fundsEquity mutual funds are expected to benefit from a Union Budget move to introduce taxes on investments in unit-linked insurance plans (ULIP...
02 Feb, 2021, 09.15 AM 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
Spotlight falls on ULIPs as MFs are stung by the LTCG beeExperts believe that the imposition of 10 percent tax on LTCG on direct equity and equity-oriented mutual funds on gains above Rs 1 lakh in...
06 Dec, 2018, 02.18 PM IST
Tax saving: Why ELSS funds are still better than ULIPs, insurance policies despite new LTCG taxThe tax on LTCG will make tax-saving options such as the Public Provident Fund (PPF) and Ulips more tax-efficient than ELSS.
16 Mar, 2018, 02.51 PM IST
Long Term Capital Gains Tax Poses Threat to Mutual Funds, Are ULIPs The Answer?The Union Budget 2018 announced the return of the much dreaded Long Term Capital Gains Tax.
12 Mar, 2018, 09.35 AM IST
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.
26 Feb, 2018, 02.29 PM IST
Investors could lap up Ulips to skirt LTCG tax: ReportWhile on Budget day, the market was on see- saw ride and closed marginally down, on Friday, it saw the worst plunge since November 2014 wit...
04 Feb, 2018, 02.28 PM IST
ULIPs don’t attract LTCG tax; should you dump your mutual funds for them?Predictably, the introduction of long term capital gains tax on equity investments have given a new lease of life to Unit Linked Insurance ...
02 Feb, 2018, 12.30 PM IST
- Read my Ulips, it's a better long-term bet
With changes in charges & tax structure, Ulips have become more attractive than MFs if you are willing to stay invested for long-term. Tips...
09 Mar, 2010, 10.21 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
- Service tax on Ulips likely to fall
Govt plans a proposal to provide relief to insurance cos that have to pay service tax on the charges they collect for managing Ulips invest...
21 Apr, 2008, 01.23 AM IST
- FICCI asks FinMin to modify service tax proposal on ULIP
Industry chamber FICCI on Thursday asked the Finance Ministry to modify the budget proposal to impose service tax on the Unit Linked Insura...
10 Apr, 2008, 04.53 PM IST