Ulip policy
This query is : Resolved
02 August 2011
what exactly is ULIP policy??? Do we get its deduction u/s 80c??? and whether its maturity value or surrender value is taxable?
03 August 2011
its an insurance policy linked with unit (i.e. no of unit of particular fund) it is eligible for 80c deduction and its surrender value or maturity value is tax free.
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