Can any one please clarify my doubts on LIC New Jeevan anand and basic knowledge on Income tax.
what is Sum assured rebate? what is different between premium rebate and SA rebate? I am planning to open policy for 10 lakhs, how much rebate will I get when and where?
to my knowledge the total premium pay per year can be shown under 80C for Tax exemption right?, in addition to this my LIC agent told we that I can SAVE TAX Rs 16400/ under Sec. 80 CCE against every premium paid, can any one please tell me clearly about this I am totally unaware about this 80CCE what is dif. bet 80C and 80CCE?
How to clime rebate on insurance premoum payed under Sec. 88 Income Tax? is it possible for me to clime?
Thanks for reading my message.