Lic interest is taxable or not 10 october 2013 section 10 (10d) of income tax exempts any income received from an insurance policy from income tax. I had lic maturity amount of 10 lakh credited in 2021 which is tax free as per rules as premium was less than 10 of sum assured and that s why tds also not deducted. My insurance of lic jeevan suraksha plan 147 has matured on 15 feb 2021will i be getting lumpsum amount nco bonuses after maturity or it is compulsory for me to choose annuity.
Gonçalo Bernardes, an expert in the development of precision medicine
To register, users need to complete a form with a.
1,04,713.00 by lic in my account with tds deduction of rs.
I have a question whether this amount is taxable or not in respect of income tax act. Who is eligible to register for the lic online portal? Click on the customer portal option. The lic online portal is open to all customers who hold insurance policies with lic.
I have taken a money back policy plan of lic, which return the 25 per cent amount of total insured amount. Registered policyholders can visit lci website. On maturity i have been paid rs.
