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About Lic Value

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(Querist)
22 July 2024 LIC Matured value taxable or non taxable??
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
22 July 2024 LIC policies are tax exempt u/s. 10(10D) IT act, subject to conditions specified under it. Otherwise taxable.
Check the policy document, for its taxability.

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