Calculation of taxable income

sum received on maturity of SBI life 265873.Total(50000 per year) premium paid 250000 from 2015. How much of income is taxable?
Replies (3)
Quick Summary
This discussion explores the taxability of a maturity amount received from an SBI Life insurance policy. The user received £265,873, having paid £50,000 annually in premiums since 2015, totalling £250,000. While maturity amounts are not always taxable, specific policy details and circulars are needed to determine the exact taxable income.

Check your Policy and revert back.
there is a circular.
when it was issued and other details.
Maturity amount is taxable
NOT ALWAYS.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
12 October 2026
Finance

I-Genext Consulting Private Limited

New Delhi

CA

View Details
Company
26 September 2026
Chartered Accountant

pushpganga ventures

Pune

CA

View Details
Company
19 October 2026
Accountant

Jari Saree Center

New Delhi

Others

View Details
Company
08 October 2026
SALES TELECALLER

HIRE NOVA

Lucknow

Graduate (Any)

View Details
Company
Featured 03 October 2026
Accountant

A P Lodha and Associates

Jalna

B.Com

View Details
Company
16 October 2026
CA article trainee

Zerdi & Co. Chartered Accountants

Pune

CA Inter

View Details
Company
ARTICLESHIP 07 October 2026
Article Trainee/ CMA Trainee

RMA And Associates LLP

New Delhi

CA Inter

View Details
Company
06 October 2026
Assistant Manager - Audit and Compliance

Ravi K Jain & Co

Noida

Others

View Details