Budget 2025: How the new tax rules will impact ULIP investments—Key changes you need to know | Mint

Budget 2025: How the new tax rules will impact ULIP investments—Key changes you need to know | Mint

Source: Live Mint Union Budget 2025: The budget has introduced immense clarity on the tax treatment of the Unit Linked Insurance Policies. Specifically those ULIP’s that don’t fall or qualify for the exemptions provided under Section Section 10(10D) of the Income Tax Act. What are ULIPs? A Unit Linked Insurance Plan (ULIP) joins investment and…

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Irdai caps annual premium hike for senior citizens at 10% annually—what it means for policyholders | Mint

Irdai caps annual premium hike for senior citizens at 10% annually—what it means for policyholders | Mint

Source: Live Mint The Insurance Regulatory and Development Authority of India (Irdai) has capped insurers’ annual premium hikes at 10% for senior citizens. Any increase beyond this limit will now require prior approval from the regulator. While this step enhances transparency and predictability for policyholders, industry experts caution that it could lead to stricter policy…

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