LIC has introduced the unit-linked "Market Plus" policy recently. Does this offer any income tax benefit?

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LIC has introduced the unit-linked "Market Plus" policy recently. Does this offer any income tax benefit?

2006-08-29 05:13:10 · 4 answers · asked by indra707 1 in Business & Finance ➔ Taxes ➔ India

4 answers

Yes has tax benfits under section 80 g

2006-09-05 23:24:22 · answer #1 · answered by srihari_reddy_s 6 · 0⤊ 0⤋

This is a stock company. For this, you can ask a tax expert. There are some instances you can get a tax break with like companies. But the differences are not for average people to know and understand, since so many tax laws are surrounding this type of deal..

Tax expert

2006-09-06 03:08:28 · answer #2 · answered by Calvin of China, PhD 6 · 0⤊ 0⤋

contact any nearby lic dealer or your tax consultant.

2006-08-30 03:22:50 · answer #3 · answered by raaj1111 2 · 0⤊ 0⤋

chech it here www.licindia.com

2006-08-29 12:17:13 · answer #4 · answered by dad E 1 · 0⤊ 0⤋