Maturity of Lic's Jeevan Aastha is taxable or not?
This query is : Resolved
28 January 2009
Sir
I want to whether the maturity amount of Lic's Jeevan Aastha is taxable or not. as in this policy sum assured is reduced to 2 times of premium after 2nd year and according to Sec10(10d) minimum sum assured is 5 times of premium.
I want to whether the maturity amount of Lic's Jeevan Aastha is taxable or not. as in this policy sum assured is reduced to 2 times of premium after 2nd year and according to Sec10(10d) minimum sum assured is 5 times of premium.
28 January 2009
Appears to be Taxable. Visit http://sify.com/finance/insurance/fullstory.php?id=14837719
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