ULIPs are sold by saying that if you withdraw money after 3 years it will be taxfree and many of us also confuse it with ELSS and think that money is taxfree afer 3 years. But here is a thing to note that withdrawl from ulip before 5 years is taxable? Am I right here!Similar Threads:
- Which one is better LIC Money back policy (20 years or 25 years term) or LIC Jeevan Anand (20 years term)?
- Can I close or withdrawal PPF amount before 15 years?
- How much amount you can withdrawal after 15 years in PPF?
- PPF withdrawal after 15 years?
- Free of charges for ATM cash withdrawal from April 1, 2009