I hv lic jeevandhara old policy table 096.Deferment period 22/21. What is the meaning of deferment period 22/21. My policy commencement date is 28/06/2000. Total how much premiums do i have to pay ?.The annuity start date is printed on policy document 01/07/2022 . Lic says annuity stsrt date is 01/08/2022 . What is correct ? Policy document or lic communication.
Menu
Lic jeevandhara old
Replies (5)
Quick Summary
As printed on document i.e 01/07
Lic has offered a bonus on maturity in jeevendhara table 96 . Is thus bonus exempt from income tax . Annuity is not exempt but what about bonus ?
Bonus is exempt if premium amount is less than 10%/15%/20% of sum assured as the case may be .
Sir , its a monthly annuity policy so what is sum assured in this case ?
If it is monthly annuity then bonus is taxable.
Recent Topics :
- NSFA(National Food Security Act) commission
- RCM applicability on petty GTA freight (₹450
- Short payment reccieved in export & GST implic
- Parag Gupta vs Purushottam Aggarwal- who is best f
- GST applicability on own-vehicle goods transportat
- FAST DS Scheme 26
- 12A registration expired in FY 22-23 and is not re
- Seeking Clarification on Business Code Selection a
- CG on property sold after construction of a house
- Nursing Home Taxability
Related Topics :
ARTICLESHIP
04 September 2026
Accounts Executive
Hema Yashwanth & Associates
Chennai
B.Com
View Details
Featured
11 September 2026
Audit Executive
RBSM Corporate Advisors Private Limited
Pune
CA
View Details
ARTICLESHIP
07 September 2026
Article/ Paid Assistant
Murali and Sumeet Chartered Accountant
Bengaluru
CA Foundation
View Details
CCI
Pro
CAclubindia
