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Lic's varishtha pension bima yojana

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(Querist)
30 September 2014 Sir is there income tax rebate under 80C for investment under LIC's Varishtha pension Bima Yojana? Is the pension received under this yojana is tax free?
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
06 October 2014 as of now, then pension so received is not tax exempted

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