Postal life insurence

is Postal life insurence is taxable?
Replies (2)
Quick Summary
Postal life insurance is generally not taxable, provided specific conditions are met as outlined in Section 10(10D) of the Income Tax Act. This section details the criteria that must be satisfied for the policy's benefits to be exempt from tax. Therefore, by adhering to these stipulations, your postal life insurance can indeed be tax-free.

Not taxable, provided conditions as per sec. 10(10D) of IT act are satisfied.

yes, condition specified in section 10(10d) shall be checked for taxability of postal insurance. so it not taxable.

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