Soon you may be able to get tax deduction on buying an insurance plan for your home or a personal accident cover. The finance ministry is considering a proposal to give additional tax benefits for purchasing these general insurance policies. The proposal, currently under examination, suggests hiking the tax deduction limit under Section 80-D of the Income Tax Act to provide an additional deduction of at least Rs 10,000 per year for purchasing a home or a personal accident cover...........
Read - IE
Read - IE
No comments:
Post a Comment