Budget: ULIP maturity proceeds now taxable like mutual funds
The Budget has proposed withdrawal of tax-free maturity on ULIPs if annual premiums exceed Rs 2.5 lakh a yearRead More
The Budget has proposed withdrawal of tax-free maturity on ULIPs if annual premiums exceed Rs 2.5 lakh a yearRead More
Even though NRIs need to pay capital gains tax, there are several exemptions that they can avail to reduce their taxes. When you sell an asset for a value that is higher than the amount you purchased it for, you incur a capital gain.Read More