LTC scheme eligibility

Ask the Community Income Tax
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1

Hi members,

We have employee question, Employee’s new policy deposit was paid before March 31, 2021 but policy is issued post March 31, 2021, Is it still eligible for LTC scheme?

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@Sandeep_G Yes. If the risk commencement date is on or before March 31, 2021, even though policy issuance date is post March 31, 2021, it should be eligible.

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