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Topic: LIC marketplus-1 comes under tax rebate?  XML
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siddharth


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I had invested approx. 1Lakh rs in LIC market plus-1 growth fund.My query is ,this fund comes under tax deduction???Please help

This message was edited 1 time. Last update was at 21/01/2010 15:01:08

mkagarwal12


Location: panchkula
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Is contribution to Senio Citizens Saving Scheme eligible for tax saving under Sec 80C.Please clarify
prgoyal

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Location: New Delhi
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Nirmal Goyal
LIC - Chief Life Insurance Advisor
LIC of India
T-1035/2 Bhagat Singh Nagar, Karol Bagh, New Delhi-110005
M: 9899277522
E-mail: goyal.nirmal.lic@gmail.com
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vinod11053


Location: firozabad
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I invested three lacs rupees(one lac per year for three years) in market plus policy of lic. In growth fund.After three years when lockin period was over i surrender the policy and got Rs. 3.25 lac from lic. Is this amount is tax free? there was no inssurence covered in this policy.

This message was edited 1 time. Last update was at 31/05/2010 11:22:11

sujendra


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Hi,

i am sujendra

i am new to this even i have some idea about this I invested three lacs rupees(one lac per year for three years) in market plus policy of lic. In growth fund.After three years when lockin period was over i surrender the policy and got Rs. 5 lacs after this give me how to proceed i don't know the further details about this so give me more information about this
thanks in advance


regards,

phe9oxis,

http://www.guidebuddha.com
sholing


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You need to be very clear before investing,because otherwise you will face the consequence.


Anonymous


lic market plus comes under tax rebate
Anonymous


siddharth wrote:I had invested approx. 1Lakh rs in LIC market plus-1 growth fund.My query is ,this fund comes under tax deduction???Please help
Anonymous


how can i know ,face value of my market plus olicy
Anonymous


siddharth wrote:I had invested approx. 1Lakh rs in LIC market plus-1 growth fund.My query is ,this fund comes under tax deduction???Please help
Anonymous


vinod11053 wrote:I invested 1.5 lacs rupees(50000/- per year for three years) in market plus policy of lic. In growth fund.After three years when lockin period was over i surrender the policy and got Rs. 1.7 lac from lic. Is this amount is tax free? there was no inssurence covered in this policy.
Anonymous


vinod11053 wrote:I invested 1.5 lacs rupees(50000/- per year for three years) in market plus policy of lic. In growth fund.After three years when lockin period was over i surrender the policy and got Rs. 1.7 lac from lic. Is this amount is tax free? there was no inssurence covered in this policy.
Anonymous


no
Anonymous


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