Budget 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 redemption of ULIPs to which exemption under clause (10D) of ...

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, ...

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 ...

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The Union Budget clarified the tax treatment of unit-linked insurance plans (Ulips) that do not qualify for tax exemption under Section 10(10D). Before investing in this market-linked ...

Experts attributed the sharp intraday fall to confusion around changes in taxation of Unit Linked Insurance Plans (Ulips). Additionally, the growing attractiveness of the new tax regime, which offers ...

The recent amendments in the Union Budget 2025 clarify the tax treatment of Unit Linked Insurance Policies (ULIPs), especially in cases where they don’t qualify for exemption under Section 10(10D) of ...

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On another front, the Budget has also done away with the ambiguity in taxation related to Unit-linked insurance plans (ULIPs) and brought parity with other financial products. For those above 60 ...