Budget 2025 has introduced a potentially game-changing tax arbitrage for unit-linked insurance policies and endowment plans ...
While ULIP sales have significantly driven premium growth for private insurers, a downturn in market stability typically ...
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The latest clarification classifies ULIPs as capital assets, with proceeds taxed under ‘capital gains’ instead of ‘income ...
The announcement, made by Finance Minister Nirmala Sitharaman in her Budget 2025 speech, marks a significant shift for the ...
But I think the most important aspect for our sector is regulatory stability. And for better or worse, we have seen time and ...
Finance minister Nirmala Sitharaman on Saturday proposed that no income tax will be levied on those earning up to ₹12 lakh ...
Third, we have opened 100 branches in the last one and a half years. Our manpower is also in place. So, we should end the ...
To enhance the FDI limit, the government will have to bring amendments to the Insurance Act 1938, the Life Insurance ...
While the Indian government’s move to increase FDI in insurance to 100% is seen as a progressive step, the market response ...
The move towards 100 per cent FDI, is sure to peek the interest of large global insurance giants, and could over time bring in significant foreign investment in the country.
Changes positive for industry, clarify experts; growing appeal of new tax regime may act as headwind for sector ...