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The Finance Bill, 2021 proposes to tax certain Unit Linked Insurance Plans (ULIPs). The relevant change in the taxation regime of ULIPs is proposed by withdrawing the exemption under Section 10(10D) in respect of such plansand consequently, taxing them under Section 112A of the Act.The Finance Bill, 2021 proposes to tax certain Unit Linked Insurance Plans (ULIPs). The relevant change in the taxation regime of ULIPs is proposed by withdrawing the exemption under Section 10(10D) in respect of such plansand consequently, taxing them under Section 112A of the Act.taxmann.com Latest ArticlesRead More