Traditional endowment plans looking attractive post-debt funds tax mess? Think again

Maturity proceeds of endowment plans with aggregate annual premiums of less than Rs. 5 lakh are tax-free, but returns of 4-6 percent per annum, a long lock-in period and recurring premium commitments blunt the tax edge over debt mutual funds

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​ Maturity proceeds of endowment plans with aggregate annual premiums of less than Rs. 5 lakh are tax-free, but returns of 4-6 percent per annum, a long lock-in period and recurring premium commitments blunt the tax edge over debt mutual funds Maturity proceeds of endowment plans with aggregate annual premiums of less than Rs. 5 lakh are tax-free, but returns of 4-6 percent per annum, a long lock-in period and recurring premium commitments blunt the tax edge over debt mutual funds  Moneycontrol Latest News Read More