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Date : Jun 15, 2009

Question

partial withdrawls in ulip are taxable or not

Answer

Partial withdrawal amount of ULIP is exempt u/s 10 in case the contribution towards the ULIP is paid for 5 years. Before paying the premium for 5 years if the policy is discontinued then the amount claimed previously as a deduction u/s 80 will be taxed in the year in which the policy is cancelled or surrendered.

 

 

36830

My brother has got a job of constable in 4th Assam Police Task Force last year.His job does not

36829

My brother has got a job of constable in 4th Assam Police Task Force last year.His job does not

36827

What is the formula for calculating the human lofe value?

36826

Hi, I,m 26 year,married,have a doughtier.i do't have any insurance plan,should i take a term p

36823

Hi We are seeking a best pension plan which gives us specific amount each month after retire

36822

what will be the best insurance policy for my daughter , just new born.I want a gurranted retur

36821

I am 34 yrs old and work in a private sector company. My spouse is a housewife. I am looking fo

36820

Hello Sir, Please advise me the best insurance policy for my following requirement. I want t

36816

How fair are private Insurance companies.

36815

Should we get insurance from private companies

36814

which is best LIC plan for female Child age 0

36813

Dear Sir , Is it safe to get insurance from provate opeartors..cause in difficult times they

36812

Dear Sir , I have posted this query before too..but unfortunately it was not answered..My con

36811

Dear team kindly suggest the 1.life insuranc option (without money back) 2. with money bac

36810

I am a officer in State Bank OF India aged 26 and looking forward to take a term insurance plan

36809

Dear Harsh we are looking of a policy for our doughter ( 07 Months). The policy should help

36808

which is the best pension plan scheme. I am 35 yrs old. so please suggest me one

36807

Dear Sir , I 'm planning to buy Term Insurance plan but after I came to know about AXA and now

36806

Sir, I would like to invest in some good SIP schemes for the studies of my children 8 year ol

36805

Kly suggest me birla sunlife primelife

36804

i want to know about the pention plan if i invest 12000 rs annually for 20 years and my age is

36802

dear sir i want to purchase atermpolicy myage is44years ,want5000000 sum assured .anthor for

36801

I have jeevan anand policy with lic for last 3 years with a Sum Assured of RS. 6,00,000 and jee

36800

WHETHER BAJAJ ALLIANZ;S NEW RISK CARE II AND LIC'S AMULYA JEEVAN COVERS DEATH BECAUSE OF BOMB B

36797

my age is 57 i have son age 26 year and grand son age 6 month. i want such policy when my grand

36796

sir i want to know about my saral jeevan ulip policy of BSLI

36795

I wish to take a term plan from LI of India ,with 25 lacs SA for a term of 20 years. The questi

36793

Hello. I have paid 45000 Rs (15000 each year) in Max New York's ULIP. I then stopped paying pre

36792

i want perfect comparion of retirement plan of various companies.as i am interested to invest i