Tax on NRI insurance policy on mutarity

hi,
need to understand text on maturity of a NRI client
Replies (2)
Quick Summary
This discussion addresses the tax implications for Non-Resident Indians (NRIs) regarding their life insurance policies upon maturity. Generally, life insurance maturity claims are tax-exempt. However, it's crucial to note that without a valid PAN card, the insurance company may levy a 30% tax deduction.

Life insurance maturity claims will be exempt
Need More details because Without PAN Card company charge 30%

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