Check your insurance plan whether it is type I or II and also read this article - Link
Surrender of the ULIP, after 3/5 years
The Surrender value of the ULIP plan after 3/5 years (depending on the type I or II) is completely tax-free under 10(10D).
Check your insurance plan whether it is type I or II and also read this article - Link
Surrender of the ULIP, after 3/5 years
The Surrender value of the ULIP plan after 3/5 years (depending on the type I or II) is completely tax-free under 10(10D).
Everyone has a scheme of getting rich.. Which never works.
Posting Permissions
Reply With Quote