PREMATURE SURRENDER OF A PENSION PLAN

This query is : Resolved 

11 July 2008 Sir,
What will be the fate of premature surrendered value of a pension plan taken from an insurance company. Also please tell us what is the tax implications on a single premum policies will the maturities will become taxfree or not.

11 July 2008 What exacatly you want to know by fate?

11 July 2008 I want to know if i surrender a pension plan of insurance company would i have to take the whole amount in my income or its tax free.


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