plz advice in which head Surrender value of LIC Market Plus Which has 60% money in Bonds & 40% in Govt. Securities be taxable , whether under CG or other sources.and if Capital Gain can we have benefit of calculating tax @ 10% without indexation on Long term Capital Gain.
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LIC MARKET PLUS
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LIC market plus gives u NAV and switchover facility, treat it at par as NSC
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