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ULIP TAXATION
Goal protection matters: Why Waiver of Premium deserves more attentionFinancial plans often falter not due to lack of planning, but because they don't account for life's uncertainties. The Waiver of Premium fe...
Planning for tax saving investments for FY 2026? Check the latest taxation rules for ULIPs, EPF, and ELSS mutual fundsIndian investors face evolving tax rules for popular products like ULIPs, EPF, and mutual funds. Understanding these changes is crucial for...
Non tax-exempt Ulip redemption gains to be taxed as capital gains: Budget 2025The budget has now clarified that Ulips with annual premiums over ₹2.5 lakh will be taxable as capital assets and the redemption proceeds w...
Returns from ULIP investment to get tax treatment as capital asset in these conditions, clarifies Budget 2025Budget 2025: ULIPs to which exemption under clause (10D) of section 10 does not apply, is a capital asset and any profit and gains from the...
Private life insurers expected to report modest growth in Q3The share of Unit-Linked Insurance Plans (ULIPs) is likely to rise, in lockstep with the surge in stock indices, slowing the growth in Valu...
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 ...
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...
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...
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...
Amfi pitches for debt-linked saving schemes, tax parity with ULIPsIn its Budget proposals for 2022-23 to the Finance Ministry, the industry body has requested that mutual funds should be allowed to introdu...
Income tax rules: Tax on PF interest, reduction in time limit of ITR filing, other changesWith the start of the new financial year on April 1, various tax and money rules come into effect. Here is a look at 11 rules that will imp...
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...
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...
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...
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 ...
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...
- DTC: Impact on personal taxation for salaried individuals
Under the new rule, annual deduction has been raised to Rs 1.5 lakh for savings.
Transparency will ensure better structure for Ulips: DK MehrotraLIC managing director DK Mehrotra says people are still interested in buying Ulips provided they know that their money is safe.
- Insurance firms to meet Finmin on Ulip taxation issue
Life insurers will soon approach the Finance Ministry over the revised Direct Taxes Code (DTC) draft proposal to tax investments in unit-li...