Whether Surrender Of ULIP Before Maturity Date Make You Liable For Tax?

Print Friendly, PDF & Email

Can you please clarify what taxes will be in the following cases.I paid a premium of Rs.30,000 per year for two years in a ULIP. I used these premiums for claiming deductions under Section 80C. If I surrender this policy after two years, do I have to pay any taxes on the gains at the…

This content is for annual and Semi Annual members only.
Log In Register

Comments are closed.