Will I have to pay on Jeevan Anand maturity amount

[samkapoor77]

I purchase LIC’s Jeevan Anand Policy two years before. I just want to know whether the amount that I will get at the time of maturity of this policy will be taxable in my hands or not?

[samkapoor77]

Dear investor, as on current date, amount received by policy holders of Jeevan Anand policy at the time of maturity is tax free. By the time your policy will mature, taxation laws may change, therefore, I can not comment on whether it will be tax free at that time or not.

[Author]

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