ULIP taxation: The free switching among funds may go away with new amendment

At present, most ULIPs offer several free switches from one fund to another and even from a debt fund to equity fund and vice versa. However, after the new amendment, where taxability has to be ascertained, the unrestricted free switching facility may no longer be available.

from Wealth-Economic Times https://economictimes.indiatimes.com/wealth/invest/ulip-taxation-the-free-switching-among-funds-may-go-away-with-new-amendment/articleshow/81683801.cms