The Finance Minister, Nirmala Sitharaman, presented her 8th consecutive Union Budget on February 1, 2025. While this budget contained many significant announcements related to various aspects of the Indian economy, two key announcements were made from the point of view of new tax regime and related income tax slab rates for FY 2025-26.

The first was the announcement that the net nil tax rate under the new will be applicable for annual taxable income of up to Rs. 12 lakh in FY 2025-26. The other key announcement focused on the changes in income tax slab rates for Financial Year (FY) 2025-26. Notably, both these changes are only applicable to individuals opting for the new tax regime. At the same time, the tax slabs and rates for the old tax regime have been kept unchanged for Assessment Year (AY) 2026-27. Read on to know the income tax slabs and applicable rates for FY 2025-26 and AY 2026-27.

In this blog, we shall walk you through some of the key features and benefits of Axis Max Life Smart Term Plan Plus.

Index Funds that track factor-based indices have grown in popularity in India in recent years. Currently there are a number of indices that select stocks based on factors such as quality score, momentum score, value score, Jensen’s Alpha or various combinations of these.

In the meantime, use of factors such as free cash flow yield and dividend yield to build indices are as of yet relatively less common. This is where, the Axis Max Life Sustainable Yield Index offers a unique stock selection opportunity that can help prospective investors grow their wealth by tapping into a relatively untapped basket of stocks. Read on to know details about this customised index and how to invest in the Axis Max Life Sustainable Yield Index.

For purchasing term plan, one of the important factors considered by the insurance providers is your health. If you’re someone dealing with Diabetes, Type I or Type II, you might assume that you are ineligible for a pure protection term plan. However, currently you do have the option to get life cover under specially designed term plan for diabetics. So, if you have diabetes but you keep it well-managed and your blood sugar levels are regularly monitored, the chances of getting protected with a term plan for diabetics are pretty good. In this blog, we will guide you about the eligibility for term insurance for diabetics along with the benefits and features of this type of term insurance plan.