Tag Archives: ULIP

CBDT Circular No. 2 of 2022 for Income Tax on ULIP Insurance Policies

By | January 20, 2022

How to pay Income Tax on ULIP Insurance Policies I CBDT Clarifications Circular No. 2 of 2022 F. No.370142 /61/2021-TPL Government of India Ministry of Finance Department of Revenue (Central Board of Direct Taxes) *********** Dated: 19th January, 2022 Sub: Guidelines under clause (10D) section 10 of the Income-tax Act, 1961 – reg. Clause (10D)… Read More »

FAQ’s on Unit Linked Insurance Polices (ULIP)

By | November 1, 2015

Unit Linked Insurance Polices (ULIPS)  Date: 23-10-2007   Frequently Asked Questions (FAQs)     Unit linked guidelines were notified by IRDA on 21st December 2005. The main intent of the guidelines was to ensure that they lead to greater transparency and understanding of these products among the insured, especially since the investment risk is borne by the… Read More »