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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The Swiss tax shakeup: What it means for Indian investors and professionals

The Swiss tax shakeup: What it means for Indian investors and professionals

Source: Live Mint The changes could also have some implications for India-based employees of Switzerland-headquartered companies, freelancers working for Swiss companies, and people settled in India but earning a pension from Switzerland. Mint breaks down the impact of the development. Investors and employees with stock options Switzerland’s suspension of the MFN status for India will…

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