Received Rs 5 Lakh in FY 24-25 from LIC Jeevan Labh: Do I Need To Pay Tax in AY 25-26?

Poojitha Raam Vinay pro badge , Last updated: 25 July 2025  
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LIC Jeevan Labh is a limited premium endowment plan that offers both life cover and maturity benefits. Its a non-linked, with-profit plan, meaning it participates in bonuses declared by LIC. This plan offers tax-saving benefits under 80C and 10(10D). Is the ₹5 Lakh Maturity Amount Taxable? The

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Published by

Poojitha Raam Vinay
(Practice )
Category Income Tax   Report

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