The bill will seek to formalise an earlier presidential decree which permitted such sales
When you scrap and whine like pathetic children in public, Big Brother takes over. That’s the rule
Raising lock-in period to 5 years makes Ulips long-term investment vehicle
The Sebi-Irda dispute is in temporary détente by a government ordinance
Sebi in April took the market by surprise when it banned 14 life insurance firms from issuing fresh Ulip schemes
The project has to be in operation and should be carrying AA rating
Earlier, Sebi had sought transfer of all Ulip cases to the apex court
The Sebi-Irda conflict over Ulip regulation is more complex than it seems
Sebi had petitioned seeking transfer of Ulip-related cases from various high courts