Lic deduction
Querist : Anonymous
Pls reply
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She may get deduction U/s 80C to the extent of Rs 30000 or 1/10th of the sum assured , which ever is lower.
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Deduction can be claimed in respect to the year in which premium has been paid.
Querist : Anonymous
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Rs. 150000/- limit is the maximum limit for deduction, that will be there in case of any Individual, whether, married, unmarried, or divorcee.
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Querist : Anonymous
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