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Common Questions About LIC EFAP

1. Is EFAP taxable?

• The lump sum 竄ｹ2 lakh is tax-free under Section 10(10D) as it is an ex-gratia welfare payment.
• The monthly family assistance is taxable as 窶彿ncome from salary窶� in the hands of the nominee. TDS may apply.

EFAP Facebook Group: A dedicated group for fans to share nonlinear storytelling insights and community memes. 2. What Makes a "Good Post" for the Community? lic efap

For the Illinois program, "creating a paper" involves submitting a formal electronic application and budget. In the context of the Life Insurance Corporation

These additions accumulate and are payable along with the Sum Assured on maturity or death. Confidentiality Common Questions About LIC EFAP 1

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