Tax rebate onpayment of lic premium for grandaughter

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Querist : Anonymous

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Querist : Anonymous (Querist)
20 June 2013 Hi,
I am a retired banking professional.
I want to know can i get rebate on lic premium paid for my granddaughter.
plz reply

20 June 2013 no , 80 C is available only on premium paid for spouse and children.

20 June 2013 You cannot take 80C benifit on lic payment of grandfather

you can take lic payments for spouse and children

Thanks & regards
Ganesh babu k


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