We'll also tell you what kind of insurance plan you should buy, and which investment options are better than those being (mis)sold by insurance agents
There's a good reason you are looking to 'invest' in an insurance plan before April 1. Since all insurance plans with annual premiums over Rs 5 lakh purchased on or after April 1 will be taxed (for ULIPs, premiums above Rs 2.5 lakh are taxable), it makes all the sense in the world to look for one. At the same time, it doesn't either.
This article was originally published on March 17, 2023.
3 min read•By Dhirendra Kumar
New episodes every Friday
The investor in the mirror
Why human emotions can be our own worst enemy
Other Episodes
Winning by doing nothing
Market turmoil from tariff wars offers a masterclass in investor psychology
Compounding is more than maths
Rigid definitions can limit our understanding of how wealth grows
Why's Tata's small-cap fund excelling? Fund manager explains
Exclusive interview with Chandraprakash Padiyar, Senior Fund Manager, Tata Asset Management
Stay small or go home
Why you shouldn't be scared of the ongoing small-cap downturn
How are inherited mutual funds taxed?
2 min read•By Value Research Team
Widely read:
