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Ulips feel the service tax pinch

BUDGET & MONEY

BS Reporter Mumbai
  • Currently, traditional insurance policies and asset management service provided by mutual funds are under the service tax net. The decision is aimed at treating the two investment avenues equally.  The impact

  • The proposal is seen as a dampener for long-term savings.
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    First Published: Mar 01 2008 | 12:00 AM IST

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