New Taxation Provisions- Will it Affect the Popularity of ULIPs?
The exemption on new unit-linked insurance plans (ULIPs) with a high premium was proposed to be removed in this Union Budget. The aim is to remove the tax arbitrage that existed. Read on to know more about new tax provisions for ULIPs. This year’s Union Budget proposes to remove the exemption on new ULIPs with […]Continue Reading