ULIP – Unit Linked Insurance Product has become offers the dual benefit of insurance as well as an. The premium paid is divided into two parts – some are contributed to one's life & the remaining is invested in the fund of your choice. Investors can choose to invest in equity, debt, or a combination of both funds as per their risk appetite and goals. But how are ULIP proceeds taxed? Are they completely tax-free or here are some riders that one needs to watch out for? Listen in as Arvind Rao, CFP & CA, Founder of Arvind Rao & Associates clarifies recent norms imposed on this counter.
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