Max. Rs. 1.50 lakhs, u/s. 80C can be claimed, under old tax regime.
Max. Rs. 1.50 lakhs, u/s. 80C can be claimed, under old tax regime.
As per sec. 10(10D) of IT act, For the insurance policies purchased after April 30, 2012, the amount of premium must not exceed 10% of the Sum Assured.
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Naveen Fintech Pvt Ltd
Kolkata
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
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