Is term insurance premium eligible for tax benefits?

shahsandip625
Asked Sep 21, 2017

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Yes, the premiums paid for term insurance plan is eligible for tax deduction under section 80C of Income Tax Act, 1961.https://www.coverfox.com/term-insurance/
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priyankalaad
Answered Sep 22, 2017
Edited Sep 22, 2017

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