It falls under
the EEE category.
Surrender / Maturity proceeds of ULIPs whose Premium in any year is more than 10 % of Sum Assured (this is 20 % for Policies bought between Apr 2003 to Mar 2012) are taxable and do not come under
EEE category.
It is expected that the following three
EEE categories, which already constitute 75 % of global e-waste by weight (33.6 Mt of 44.7 Mt), will also see the fastest growth:
It is expected that the following three
EEE categories, which already constitute 75 percent of global e-waste by weight (33.6 Mt of 44.7 Mt), will also see the fastest growth.
Not exact matches
ELSS falls under
EEE (exempt - exempt - exempt)
category, meaning the entire Investment amount, the dividends earned from them and the maturity earnings from the Investments are all Tax - Free.
Along with providing all these benefits, most insurance investmentsfall under the EXEMPT - EXEMPT - EXEMPT (i.e.
EEE)
category when it comes to tax planning.
As life insurance falls under
EEE (i.e. Exempt - Exempt - Exempt)
category, both, the premium paid as well the sum assured is exempt from income tax.
This product also comes under the exempt - exempt - exempt (
EEE)
category for the income tax.