Poonawalla fincorps
Poonawalla fincorps

LIC maturity amount in new tax regime

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(Querist)
27 July 2024 Hello,

What will be tax treatment of LIC maturity amount received in new tax regime. PPF interest and maturity amount received in new tax regime.
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
27 July 2024 PPF interest is tax free while all the policies exempt u/s. 10(10D) are also tax exempt in New tax regime. No change for both in either tax regime.

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