Categories
Blogs

Budget 2023 : Tax exemption removed in insurance policies with premium over Rs 5 lakh

Don’t miss out on tax-free guaranteed investments in life insurance !

From 1st April 2023, any investments over 5 lakhs per year in traditional life insurance policies will be taxed.

Act now to invest before 31st March 2023 and enjoy completely tax-free maturity with up to 7.5% return.

To Book an Appointment with Wealth Munshi today to make the most of this last and final opportunity!

Avatar photo

By Team WM

WealthMunshi Team comprises finance professionals, writers, editors, and subject matter experts dedicated to delivering accurate and reliable information on personal finance and wealth management. Our goal is to simplify complex financial concepts and industry jargon, making finance accessible to all. With relatable content and practical advice, we empower individuals to make informed decisions and achieve their financial goals. Trust us to provide comprehensive guidance on financial planning, investment strategies, tax optimization, and wealth preservation. Join us on this enriching financial journey and let WealthMunshi be your trusted partner in securing a brighter future.

Leave a Reply

Your email address will not be published. Required fields are marked *