in new regimewill matured value of PPF. LIC. WILL REMAIN TAX FREE?
Ans: Under new tax regime, allowances/exemptions like House rent allowance, Leave Travel allowance, Helper allowance, Children education allowance, helper allowance, 80C, housing loan interest (on self occupied property) etc will not be allowed. PPF/LIC tax benefit will not be affected after opting new tax regime.