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PREMATURE SURRENDER OF A PENSION PLAN

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(Querist)
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.
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S.Srinivasaraghavan

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S.Srinivasaraghavan (Expert)
11 July 2008 What exacatly you want to know by fate?
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ASHEESH ARORA

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ASHEESH ARORA (Querist)
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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