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Tag: SECTION 10(10D) DEDUCTIONS

SECTION 10(10D) FOR MATURITY RETURNS

SECTION 10(10D) FOR MATURITY RETURNS 10(10D) Tax Rebate   Section 10(10D) of Income Tax Act exempts any income received from an Insurance Policy from Income Tax. This includes all the maturity amount, death claim amount, surrender value of all type of policies. This benefits policies such as Endowment Plans, Money Back plans, Term Plans, Whole-life […]

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