80c savings


This query is : Resolved 

Quick Summary
This discussion clarifies whether a husband can claim tax savings under Section 80C for SBI Life insurance premiums paid in his non-earning wife's name. The consensus is yes, the premium paid can be considered for 80C deductions. This offers a valuable tax planning opportunity for couples.

12 October 2021 sir
can premium paid in wifes name in sbi life insurance policy be considered as savings for husband u/s 80c since wife is not employed.

12 October 2021 YES....

12 October 2021 thank u very much sir

12 October 2021 My Pleasure ...


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