Taxation - Life Insurance Plans & Health Insurance Plans in NEW TO TRADING & INVESTMENTS? - Life Insurance Plans
Life insurance plans are eligible for a tax deduction of up to 1,00,000 p.a. under Sec. 80C.
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03-10-2011 09:37 AM
Life Insurance Plans & Health Insurance Plans
Life Insurance Plans
Life insurance plans are eligible for a tax deduction of up to 1,00,000 p.a. under Sec. 80C.
Health Insurance Plans
Health insurance plans are eligible for a tax deduction of up to 15,000 p.a. under Sec. 80D.
Get an additional benefit for up to 15,000 when you buy a health insurance policy for your parents. If your parents are senior citizens, the benefit is up to 20,000.
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