My jeevan dhara (old ) plan pension plan is maturing on july 2021 . How much pension can i commute ? What income tax do i have to pay on commuted pension ?. I am in highest income tax bracket .
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Is commuted pension under lic jeevan dhara (old) pension plan taxable
Replies (2)
Commuted pension is fully exempt.
Commuted pension will be fully exempted under it act 1961
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