ULIP insurance combines life insurance and investment, offering flexibility, tax benefits, and market-linked returns. It provides options like fund switching, partial withdrawals, and top-ups, ...
The latest clarification classifies ULIPs as capital assets, with proceeds taxed under ‘capital gains’ instead of ‘income from other sources’ like earlier The Union Budget 2025 has ...
Specifically those ULIP's that don't fall or qualify for the exemptions provided under Section Section 10(10D) of the Income Tax Act. A Unit Linked Insurance Plan (ULIP) joins investment and life ...
Definition: A top-up premium is something that a policyholder can invest into his ULIP over and above his existing premium payment. If you want to take advantage of a well-performing ULIP, you can ...
MUMBAI: High ticket Ulips (unit-linked insurance plans) held for over one year will now attract capital gains tax at 12.5% from April 2026, Finance Minister Nirmala Sitharaman has clarified ...
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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world ...
The Union Budget 2025 has introduced an important amendment when it comes to the taxation of Unit Linked Insurance Policies (ULIPs). This brings much-needed clarity since so far, the tax treatment ...
After it was confirmed that Matt Patricia is joining Ohio State's staff as defensive coordinator, Buckeye fans were quick to take to social media to share their opinions on the hiring. With more ...
On Wednesday, one of those major vacancies was filled. Patricia is a familiar name and face for many football fans, having roamed NFL sidelines for years with an omnipresent pencil wedged behind h ...
“The scheme is meant to encourage parents to create financial security for kids, but the bigger impact is nullified as it’s only applicable to those in the old tax regime,” says Dinesh Rohira, Founder ...