1 article tagged Feb 2021.
Insurance agents still pitch ULIP to NRIs as the "tax-free wrapper." The Feb 2021 amendment quietly killed Section 10(10D) exemption for ULIPs with annual premium above ₹2.5 lakh — the high-ticket product the agents prefer to sell. The honest 2026 NRI ULIP math, why the premium-from-NRE-vs-NRO choice matters, the repatriation rules on maturity payout, and when ULIP genuinely beats term + mutual fund for an NRI.