MarkPhils's Forum Info |
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10-30-2012 |
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10-30-2012 08:56 AM |
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Additional Info About MarkPhils |
Sex: |
Male |
Location: |
Miami, FL |
Bio: |
Section 80c provisions must be borne in mind while going for Tax Deductible Insurance policies. The proposed DTC has laid down an important provision that says the insurance policy will not be eligible for income tax deduction if the life cover proposed by the policy is less than 20 times the annual premium. |
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