https://www.taxtmi.com/highlights?id=68062 Life Insurance Policy - In order to prevent the misuse it is proposed that premium or aggregate of premiums (other than ULIP) in a year exceeding ₹5 Lakh shall be exempt if income from policy received on the death of the insured person. Otherwise shall be taxable u/h other sources such amendment has been made by adding a proviso to sec 10(10D). en-us Fri, 03 Feb 2023 11:53:40 +0530 Sat, 04 Feb 2023 10:50:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=68062 Life Insurance Policy - In order to prevent the misuse it is proposed that premium or aggregate of premiums (other than ULIP) in a year exceeding ₹5 Lakh shall be exempt if income from policy received on the death of the insured person. Otherwise shall be taxable u/h other sources such amendment has been made by adding a proviso to sec 10(10D). Highlights Income Tax Fri, 03 Feb 2023 11:53:40 +0530 https://www.taxtmi.com/highlights?id=68062