Axis Max Life Insurance Ltd. formerly known as Max Life Insurance Company Ltd. ("Axis Max Life"/ "Company"), has launched the ...

The Union Budget 2025 introduced clarifications in reforms to the taxation of Unit Linked Insurance Plans (ULIPs), effective from April 1, 2026. According to the Budget 2025 report, ULIPs with ...

Budget 2025 has brought about changes to Ulips, tax on NPS Vatsalaya and for filing of updated income tax returns. Read our ...

The Union Budget 2025 has introduced an important amendment when it comes to the taxation of Unit Linked Insurance Policies (ULIPs). This brings much-needed clarity since so far, the tax treatment ...

Specifically those ULIP's that don't fall or qualify for the exemptions provided under Section Section 10(10D) of the Income Tax Act. A Unit Linked Insurance Plan (ULIP) joins investment and life ...

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 ...

Experts believe the change will enhance transparency, improve investor confidence, and reinforce ULIPs as a structured, long-term wealth-building option. (Image: Freepik) The Union Budget 2025 has ...

The latest clarification classifies ULIPs as capital assets, with proceeds taxed under ‘capital gains’ instead of ‘income from other sources’ like earlier The Union Budget 2025 has ...

Budget 2025 provided much-needed clarity around taxation of redemption or maturity proceeds of unit-linked insurance policies (ULIP) where the aggregate premiums paid during the year exceed Rs 2.5 ...

Axis Max Life'/ 'Company'), has launched the Axis Max Life Smart Term with Additional Returns (STAR) ULIP (UIN: 104L128V01), a Unit Linked, Non-Participating Individual Life Insurance Plan that ...