Budget 2025: Key personal finance tax changes that will affect taxpayers | Mint

Budget 2025: Key personal finance tax changes that will affect taxpayers | Mint

Source: Live Mint The recently announced budget introduced significant personal finance changes impacting taxpayers and investors. One of the key updates involved Unit Linked Insurance Plans (ULIPs). It has been clarified by the Finance Ministry that if the annual premium exceeds ₹2.5 lakhs the redemption becomes subject to capital gains tax. ULIPs that are held for…

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