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Is the annuity amount in Jeevan Shanti policy taxable?

If you have purchased or are looking to purchase LIC Jeevan Shanti policy, this post is for you. It answers questions about taxation related to this policy. What is the Jeevan Shanti policy? LIC Jeevan Shanti Policy is a pension plan that offers annuities. The policyholder can either buy an immediate annuity with the premium […]

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