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Tax Saving LIC Plans

TAX SAVING LIC INSURANCE PLANS These 3 are the most popular sections for tax saving and have lot of options to save tax. The maximum exemption combining all the above sections is Rs 1.5 lakhs under 80(c).  80CCC deals with the pension products while 80CCD includes Central Government Employee Pension Scheme. From a tax saving perspective all insurance plans are equal. So regardless of the life insurance plan, tax-saving is assured. The premiums paid on these policies help avail tax deduction and hence they are some of the important tax saving plans that one must be sure to consider. You can get tax advantages at different stages of the policy i) You receive tax benefits on your premium payments under Section 80C (life insurance), 80CCC (pension) and Section 80D (health) ii) The growth of your investment under the life insurance policy is not taxable iii) Maturity Amount you receive is tax free under Section 10(10D) Income Tax Slabs: There is NO separate tax slab for men ...

LIC Life Insurance - Tax Saving Plans

LIC Life Insurance Premium for Tax Saving LIC Life insurance policies can be used as tax planning tool as premium paid on Life Insurance Policies is eligible for tax benefits under Section 80C of the Income Tax Act and Maturity proceeds from the policy are also eligible for exemption under section Section 10(10D) and Section 10(10A)(iii). Life Insurance helps Assessee not only in tax saving but also achieving their long term goals and it also provides Comprehensive financial protection against unforeseen events for your family. Maximum Limit – Maximum Deduction allowed under this Section is Rs. 1.50 Lakh and the sum includes payment on other allowable investment option available Under Section 80C of the Income Tax Act,1961.  Only life insurance premia paid or deposited during the financial year are allowable as deduction under Section 80C for that year. All regular plans from LIC are considered for tax exemption. On Whose Life insurance premia Can be Pa...

Why do I need Insurance?

LIC AGENT BANGALORE 9945689986 Why do I need LIFE INSURANCE? First of all, Life Insurance is NOT FOR YOU. Its for the security of your family members. Life Insurance has to be BOUGHT WHEN YOU DONT NEED IT. You cannot buy it when there is a necessity. You need a good health to be insured. When you can spend your money on pleasure, enjoyment or other entertainment and not getting any monetary returns, why not save a bit every month to secure your family's future. Life Insurance is not bought to make any profit, but to secure the future of your family, just as an umbrella is bought not to stop the rain, but to protect us from the rain. When you make arrangements at home even if you will be away for a week, then why not in your complete absence? Do you know how Precious you are for your family? It's you who will make arrangements for the education and wedding of your children. The decision is yours....because the FAMILY is also yours. Its the duty of your LIC agent t...

LIC Agent Bangalore

LIC agent Bangalore - Call 9945689986 We are successful and popular LIC agents for financial  advising with LIC i n Bangalore since 2007. LIC agents not only help you buy new policy but also helpful for other services which may be tedious for the customer. Your LIC agent will help you in change of address, change of nomination, maturity or money back amount settlement, claim settlement etc. It is always advised you stay in touch with your agent to get full service from them. We are  well known  LIC's recognised , distinctive and exclusive  IRDA certified  authorised agents in Bangalore. INDIA. We are  easily accessible  online and are available for our  customer service  on behalf of  LIC.  We have helped 1000+  Happy customers  all over India and  abroad  and it is going on.. We help you to  make informed decision  and buy suitable policy among policies availa...
LIC Agent in Bangalore LIC Agent - a term many of us have heard since our childhood. LIC Agents are the core strength of Life Insurance corporation of India.  LIC of India is the largest Insurance company in India with assests more than 3.3 Lakhs Crore. LIC is in 3rd Place after Indian Oil Corporation and Reliance Industries, in assests value. While many private and foreign insurance companies are unable to sustain in a fast emerging market like India, LIC has the highest Market share with more than 83%.  LIC has a large number of policies which suit the needs of different kinds of people. People from different walks of life have different requirements. It is in this scenario that a LIC Agent can help you. With good knowledge, experience and understanding LIC Agent can suggest the best plan which will suit the requirements of the family. In a city like Bangalore, where people from different parts of the country are working together, it is essential to have a wel...