High-Premium Life Insurance Tax Hits: Why Rs 5 Lakh Policyholders Face New 2025 Levies and How to Dodge Them
The ink’s barely dry on Finance Act 2025 amendments, but high-net-worth Indians are reeling: Proceeds from life insurance policies with premiums over Rs 5 lakh annually are now taxable as of October 1. Affecting 20 lakh policies worth Rs 2 lakh crore, this revokes Section 10(10D) exemptions, sparking outrage in parlors from Delhi to Dubai. … Read more
 
  
  
  
  
  
  
  
  
 