
Recent changes in India's tax policies are affecting popular long-term investment options such as ULIPs, EPF, PPF, and ELSS mutual funds. The government is moving towards more consistent taxation of investment returns, impacting exemptions and deductions. For example, ULIPs issued after February 2021 face limits on tax-exempt maturity proceeds, while the new tax regime removes Section 80C benefits for PPF and ELSS, prompting investors to reassess their strategies based on risk tolerance and financial goals.
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