Dear All,
Some emploees submitted the ULIP plan of LIC like : as Wealth Plan , Fixed Deposit Plan. My query is that whether the
20% of sum asured condition on premium paid is also applicable of ULIP Plan of LIC or Not? i.e. Full premium paid on
ULIP plan is eligible for deduction US 80-C or it is 20% of Sum assured>
Please urgent reply.
Thanks
Parmod
it is 20% of sum assured
20% of Sum assured OK SIR BUT GIVE THANKS USER CLICK
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