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The Path Forward for US Agricultural Trade: Free Trade, Fair Trade, or Both? | American Enterprise Institute

The Path Forward for US Agricultural Trade: Free Trade, Fair Trade, or Both? | American Enterprise Institute
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Uganda: Tax Experts Applaud President Museveni s Approval of Tax Bills for Progressive Taxation Regime

Uganda: Tax Experts Applaud President Museveni s Approval of Tax Bills for Progressive Taxation Regime
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I-T Department Introduces New Rules For High Life Insurance Premiums; Check DEETS Here

If you take out a life insurance policy with an annual premium of more than Rs 5 lakh, the maturity proceeds will be taxable.

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Rules notified to calculate income from high-premium life insurance policies

Rules notified to calculate income from high-premium life insurance policies
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CBDT Introduces New Rules For Calculating Tax On Life Insurance Premiums Above Rs 5 Lakh

Under the new provision, policies issued on or after April 1, 2023, will be exempted from tax only if the total aggregate premium does not exceed Rs 5 lakh annually.

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