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  • News From Press Lower your tax liability with life insurance

    Lower your tax liability with life insurance

    Source: Value Research Jan 7, 2020

    I've been closely observing savers and investors for almost three decades now, and even though the typical Indian saver is now much more savvy than earlier, choosing insurance still tends to be a blindspot. Most of them usually end up buying whatever insurance policy is peddled to them by an agent in their bid to save tax under section 80C before the 31st March deadline. Section 80C allows a deduction of up to Rs 1.5 lakh from our annual income for taxation purpose. 

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