How to Save Big on Taxes with Life Insurance – 80C & 10(10D) Made Simple
Quick Answer: Life insurance tax benefits can help you save big on taxes. Quick Answer: Life insurance premiums can qualify for a tax deduction of up to ₹1.5 lakh under Section 80C. Payouts (maturity or death benefits) may be tax-free under Section 10(10D), provided premium conditions are met. For policies issued after April 1, 2012, … Read more