Save Tax for Financial year 2014 – 2015
LIC Life Insurance provides you with #Life Insurance, Health Insurance, Pension Plan, Term Insurance, Retirement Plans, Child Education and Lifetime Insurance. You can Invest Rs.1,50,000 in #LIC To save tax for financial year 2014 – 2014 .
Investment limit under section 80C of the Indian Income-Tax Act raised from INR 1,00,000 to INR 1,50,000. Personal Income-tax exemption limit raised by INR. 50,000/- that is, from INR 2,00,000 to INR 2,50,000 in the case of individual taxpayers who are below the age of 60 years. Its better to be safe than be sorry. You can also check our Pension Plan which will give you INR 62,000 per year for Lifetime