You are here: Home » Economy & Policy » News
One-month dollar-rupee forward rate curve inverts on arbitrage bets
icon-arrow-left
Vivad Se Vishwas scheme: Govt extends time till June 30 for making payments
Business Standard

ULIPs remain popular despite tax tweak, on par with equity mutual funds

Industry players say awareness of products rose after Budget

Topics
Ulips | Investment | Mutual Funds

Subrata Panda  |  Mumbai 



LTCG, Ulips, insurance, equity, MF, mutual funds, growth, cash, Unit Linked Insurance Plans, investments, health,
Tarun Chugh, MD & CEO, Bajaj Allianz Life said, “At Bajaj Allianz Life there was a qua­rter-on-quarter growth on UL­IPs sale last year.

Demand for unit-linked insurance plans (ULIPs) whose annual premium exceeds Rs 2.5 lakh appears not to have slowed even though the government did away with tax exemption for such products under Section 10(10)D of the Income Tax (I-T) Act. In fact, it has picked up in the past few months and most insurers expect this trend to continue.

TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH.

SUBSCRIBE TO INSIGHTS

What you get on Business Standard Premium?

  • icon Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • icon Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • icon Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
  • icon Pick your 5 favourite companies, get a daily email with all news updates on them.
  • icon 26 years of website archives.
  • icon Preferential invites to Business Standard events.

OR


Subscribe to Business Standard Premium

Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!

Insightful news, sharp views, newsletters, e-paper, and more! Unlock incisive commentary only on Business Standard.

Download the Business Standard App for latest Business News and Market News .

First Published: Sat, April 24 2021. 06:10 IST

RECOMMENDED FOR YOU

.