This determines whether the gains are classified as LTCG or STCG. From April 1, 2026, Unit Linked Insurance Plans (ULIPs) with annual premiums above Rs 2.5 lakh will be taxed at a 12.5% long-term ...

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 ...

The Union Budget 2025 introduced clarifications in reforms to the taxation of Unit Linked Insurance Plans (ULIPs), effective from April 1, 2026. According to the Budget 2025 report, ULIPs with ...

Budget 2025 provided much-needed clarity around taxation of redemption or maturity proceeds of unit-linked insurance policies (ULIP) where the aggregate premiums paid during the year exceed Rs 2.5 ...

The Union Budget 2025, presented by Finance Minister Nirmala Sitharaman on February 1, has left the cryptocurrency sector in India disheartened due to the absence of expected tax relief and new ...

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Budget 2025 has brought significant clarity to the taxation of unit-linked insurance policies (ULIPs), resolving years of ambiguity that left investors and tax professionals uncertain about how ...

The government has removed the ₹2.5 lakh threshold for taxing unit-linked insurance policies (ULIPs). Starting from April 1, 2026, ULIP returns on premiums exceeding ₹2.5 lakh will be taxed as capital ...

Finance Minister Nirmala Sitharaman has provided further clarity on the taxation of ULIP (Unit Linked Insurance Plan) policies with high premiums. As per the Budget 2025 ULIPs with annual premiums ...

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 ...