Tax Saving Plans: Top Tax Saving Plans in India that helps to Save your Tax Burden
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Table of Contents
What are Tax saving Plans?
Tax Saving Plans in India
Why Should You Invest In Tax Saving Plans?
How You Can Save Tax under the Income Tax Act of 1961?
Conclusion
About Author
for Salaried Individuals¹
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Disclaimer
ABSLI Salaried Term Plan (UIN:109N141V01) is a non-linked non-participating individual pure risk premium life insurance plan; upon Policyholder’s selection of Plan Option 2 (Life Cover with ROP) this product shall be a non-linked non-participating individual savings life insurance plan.
1LI Age 21, Male, Non Smoker, Option 1: Life Cover, PPT: Regular Pay, SA: ₹ 1 Cr., PT: 10 years, Premium paying term: 10 years, Annual Premium: ₹ 5900/- ( which is ₹ 491.66/month) Premium exclusive of GST. On death, 1 Cr SA is paid and the policy terminates.
Tax benefits are subject to changes in tax laws. Kindly consult your financial advisor for more details.
ADV/3/20-21/2690
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