u/Comprehensive_Run933

So I have a salary around 9.2lac and recently one LIC policy was closed. In which my parents were deposited around 2k per month from December 2010 to Feb 2026. A total of 364000 and I have received the total amount after policy close is 6.57lac.

Do I have to pay tax on that ? In which section I fill ?

I applied for the card and have already received it. It offers cashback points on certain online purchases, but now I feel the benefits are not that great.

1. Can anyone guide me on how to use this card effectively? Most of my daily transactions are small payments ranging from ₹20 to ₹100.

2. Can cashback points be redeemed against the credit card statement?