POSTED BY May 27, 2013 2:57 pm COMMENTS (4)ON
I had taken Aviva ULIP in 2007 with a premium Rs. 75000 per annum. I paid 5 premium so far.
Current surrender value is 322000(Around 50k loss).
Do I have to pay tax for this money if I surrender the policy now? and how much is the tax?
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