I have purchased ULIP in August 2019, ie. before the Amendment effective on February 1, 2021. If I sell the ULIP afyer the lock-in-period of 5 years (ie. before the policy maturity period of 10 years), what will be the taxation rule under the new tax regime?
Menu
ULIP Taxation after 5 years
Replies (1)
It will be tax exempt.
Recent Threads
- Form 121 requirement
- Interest on reversal of ITC when ITC balance avail
- Is MirrorFly an Instant Messaging Software?
- ITR filling for legal heir
- How Can I qualify CA Final Exam?
- Wrong reporting on 22 april 2026 under article inc
- Articeship Form 107
- TAN for Multiple States
- Delivery Challan serial number Issue and return ru
- After filing form 71 For TDS mismatch
Related Threads
CAclubindia
