Shriram Life Insurance, promoted by Chennai-based Shriram Group and Africa’s Sanlam Group, reported a 21% year-on-year growth ...
One advantage of a Ulip is that investors can choose the underlying mix of products. “People who want to mix insurance with ...
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 ...
Tax free maturity proceeds for all ULIPs, money-back and other insurance policies only if non-residents buys it from IFSC by ...
While ULIP sales have significantly driven premium growth for private insurers, a downturn in market stability typically ...
MUMBAI: High ticket Ulips (unit-linked insurance plans) held for over one year will now attract capital gains tax at 12.5% ...
Budget 2025 has introduced a potentially game-changing tax arbitrage for unit-linked insurance policies and endowment plans ...
The latest clarification classifies ULIPs as capital assets, with proceeds taxed under ‘capital gains’ instead of ‘income ...
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 ...
Budget 2025 For NRIs | Tax Free For NRIs | ULIPs | What's New In Budget 2025 has introduced a potentially game-changing tax ...
Until now, ambiguity surrounded the tax treatment of ULIPs where premiums exceeded certain thresholds, creating confusion for ...