As per Budget 2025, starting April 1, 2025, all insurance policies acquired from an IFSC registered office will receive tax ...
If ULIPs and other policies are purchased from GIFT city International Financial Services Centre (IFSC) registered insurance ...
The Union Budget 2025 clarifies the tax treatment of Unit Linked Insurance Policies (ULIPs), aligning them with other ...
The incentives to switch to the new tax regime... are viewed as a negative due to potential loss of customers who buy ...
The latest clarification classifies ULIPs as capital assets, with proceeds taxed under ‘capital gains’ instead of ‘income ...
While ULIP sales have significantly driven premium growth for private insurers, a downturn in market stability typically ...
Budget 2025 has introduced a potentially game-changing tax arbitrage for unit-linked insurance policies and endowment plans ...
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 ...
One advantage of a Ulip is that investors can choose the underlying mix of products. “People who want to mix insurance with ...
ULIPs, or Unit Linked Insurance Plans, are a type of insurance policy that combines investment and insurance in a single ...
Until now, ambiguity surrounded the tax treatment of ULIPs where premiums exceeded certain thresholds, creating confusion for ...
Changes positive for industry, clarify experts; growing appeal of new tax regime may act as headwind for sector ...