Archived; click post to view. Excerpt: An Indian resident becoming non resident has one common query. What happens to Public Provident Fund account subscription. Is it allowed ? Can he repatriate proceeds from PPF account ? Can he avail of the facilities to exend the PPF account after 15 years ? Similar question has been [...]

It is already posted elsewhere in the blog that if one claims deduction u/s 80C, then one should not sell the ULIP units before five years of holding . If one does that the deduction allowed shall be taken as income of the year in which you sell. Readers are advised to read What You Must Know About Tax Impact on Surrender of Insurance Policy?