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Ulip

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Querist : Anonymous

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Querist : Anonymous (Querist)
02 February 2013 How can one take tax deduction by investing in ULIP
For example:if i purchase a ULIP of LIC such as market plus in 2007 and paided a one time premium of Rs 10000 what amt of dedu i will get and for how many year and what all advantage are there in investing in ULIP
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CA Lokesh Pokharna

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CA Lokesh Pokharna (Expert)
02 February 2013 exemption available only for one year...and yes exemption avbl on lic ulips
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