LIC Tax-saving is an important part of financial planning. An
insightful tax savings planning strategy can serve the double
target of helping people meet their money related objectives and
save tax expense all the while.
TAX SAVINGS
Premiums paid under all LIC Insurance Polices are eligible for
Tax rebate.
You can avail maximum Tax rebate upto Rs1,50,000 on the
premiums paid under section 80c.
Survival Benefit amount received under MONEY BACK Plans are
Tax free under section 10(10d).
Maturity amount received are Tax free under Section 10(10d).
Death Claim amount received are Tax free under section 10(10d)