Income tax related
Ayushi Saxena (25 Points)
14 July 2017
Is maturity of LIC future plus, LIC Jeevan plus, LIC market plus taxable in ay 2017-18?
Ayushi Saxena (25 Points)
14 July 2017
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(175684 Points)
Replied 15 July 2017
If these are equity based funds, any gains arrived after 1 year of holding would be tax-free.
Better check its brochure for the type of fund/poicy and its taxability.
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India
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