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How to Show LIC Maturity Amount in Your Income Tax Return
To know more, click here - https://cleartax.in/s/life-insurance-taxability The maturity amount received on LIC is tax exempt, provided the premium paid on the policy does not exceed 10% of the sum assured. This is applicable for policies issued after 1st April 2012. However, for policies issued before 1st April 2012, the premium paid should not ...
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