sir
is postal life insurance policy AMOUNT recd on maturity taxable.
suja pirama (133 Points)
29 September 2022sir
is postal life insurance policy AMOUNT recd on maturity taxable.
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(171135 Points)
Replied 29 September 2022
It would be exempt if the premium paid per annum was less than 10% of sum assured under the policy.
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)