Adani Enterp. 2534.05↓-10.30(-0.40%)
Adani Ports 737.50↑10.65(1.47%)
Apollo Hospitals 4640.45↑30.55(0.66%)
Asian Paints 3137.40↑9.00(0.29%)
Axis Bank 929.80↑2.85(0.31%)
B P C L 361.70↓-2.60(-0.71%)
Bajaj Auto 4618.50↑2.55(0.06%)
Bajaj Finance 6932.05↑27.55(0.40%)
Bajaj Finserv 1449.55↑10.40(0.72%)
Bharti Airtel 821.25↑3.30(0.40%)
Britannia Inds. 4575.25↓-20.95(-0.46%)
Cipla 956.25↑4.90(0.52%)
Coal India 246.10↑4.60(1.90%)
Divi's Lab. 3477.85↓-36.15(-1.03%)
Dr Reddy's Labs 4556.25↑25.30(0.56%)
Eicher Motors 3711.45↑21.10(0.57%)
Grasim Inds 1713.30↑25.00(1.48%)
H D F C 2690.55↑39.95(1.51%)
HCL Technologies 1126.20↓-13.00(-1.14%)
HDFC Bank 1635.50↑19.70(1.22%)
HDFC Life Insur. 579.05↑1.85(0.32%)
Hero Motocorp 2776.90↑31.75(1.16%)
Hind. Unilever 2650.30↓-2.05(-0.08%)
Hindalco Inds. 419.90↑6.35(1.54%)
ICICI Bank 948.15↓-2.55(-0.27%)
IndusInd Bank 1284.95↑16.90(1.33%)
Infosys 1314.40↓-3.05(-0.23%)
ITC 449.10↑5.50(1.24%)
JSW Steel 702.20↑0.50(0.07%)
Kotak Mah. Bank 1953.20↑8.15(0.42%)
Larsen & Toubro 2224.55↑6.10(0.27%)
M & M 1330.15↑48.30(3.77%)
Maruti Suzuki 9333.50↓-66.45(-0.71%)
Nestle India 21729.45↑147.70(0.68%)
NTPC 176.30↑1.80(1.03%)
O N G C 159.00↓-4.75(-2.90%)
Power Grid Corpn 234.50↓-2.80(-1.18%)
Reliance Industr 2520.60↑14.10(0.56%)
SBI Life Insuran 1218.10↑22.35(1.87%)
St Bk of India 595.00↑9.00(1.54%)
Sun Pharma.Inds. 968.45↓-1.45(-0.15%)
Tata Consumer 794.25↑4.55(0.58%)
Tata Motors 521.45↑3.00(0.58%)
Tata Steel 108.45↑2.05(1.93%)
TCS 3320.35↓-8.55(-0.26%)
Tech Mahindra 1114.05↓-0.70(-0.06%)
Titan Company 2812.25↑70.10(2.56%)
UltraTech Cem. 7840.55↑118.70(1.54%)
UPL 690.00↑1.90(0.28%)
Wipro 399.80↓-1.90(-0.47%)

Deposits, pension scheme: Investments you should make before March 31

Non-linked policies must be availed of by that deadline to earn tax-free return without cap

INVESTMENT, PLANS, SAVINGS, mf, mutual funds, investors, equity, pension, NPS, funds

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4 min read Last Updated : Mar 22 2023 | 9:37 PM IST

March 31 is the deadline for making critical investments, marking the end of the financial year. Complete investments to get benefits of products, some of which will not be available in the next financial year.

Tax-free corpus from non-linked policies

If you invest in a non-linked (traditional) insurance policy until March 31, the maturity amount received from it will be tax-free, irrespective of the premium amount. Budget 2023 proposed that the maturity proceeds from non-linked policies will be exempt only on premium of up to Rs 5 lakh from the next financial year.