Today news
About the same in other media
Investments in India: How moving to the US changes your tax compliance
Reading now: 875
₹2.5 lakh, the maturity proceeds from such policies would be taxed as capital gain on the basis of the recent Finance Bill. However, the tax exemption under Section 10(10D) of the Act would continue for policies with annual premium less than ₹2.5 lakh in aggregate subject to provisions stated therein.
The same provisions would be applicable for NRIs who have purchased a Ulip. (Karen’s example is hypothetical.) Dilshad Billimoria is managing director and principal officer, Dilzer Consultants Pvt Ltd
. Read more on livemint.comAbout this in other media
ICICI Bank, PNB, Bank of India revise home loan, other loan interest rates economictimes.indiatimes.com /1 year ago
How to save for your child’s education? Here are 5 tips for parents financialexpress.com /1 year ago
6 mutual fund SIP secrets and how it can impact your returns economictimes.indiatimes.com /1 year ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
