| Applicable if |
·All Life Insurance Plans gives you the tax benefit |
| Conditions | ·You should have Life Insurance Policy |
| Max Deductions |
·Complete amount invested in Life Insurance Policy is tax Free. ·Payout from life insurance policy is tax free. |
| Limitations |
· Go for plan which is suitable to your life and your financial planning. · You need not buy every year new policy. · If you think that you have already invested enough in life insurance plan but want to invest again then you should go for ULIP plans. |
MY All Agents
Friday, June 20, 2014
Maximum Deduction of Income Tax From Life Insurance Plan:
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