Save Tax

No matter how fit you think you are, it is always a good idea to invest in a good health insurance plan that can take on the burden of a serious ailment

The new bill has also provided repeals and savings clause to ensure that rights and benefits accrued to the taxpayers under the old law are safeguarded.

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You must buy only a term insurance plan. The premium that you pay is eligible for tax benefit under Section 80C

These measures can reduce tax incidence, but are tricky to execute