Sentences with phrase «free under section»

The first $ 250,000 or $ 500,000 would be tax free under Section 121 and the balance of the capital gain and depreciation recapture would be deferred by completing the 1031 Exchange.

Kindly let me confirm under this plan maturity is taxable or tax free under section 10 10 (d).

Income tax benefit: Life Insurance premiums paid up to Rs. 1,00,000 are allowed as a deduction from the taxable income each year under section 80C of income tax act and the maturity amounts are tax free under section 10 (10) D subject to fulfillment of terms and conditions.

The death benefit received by the nominee is tax free under Section 10 (10D).

The premiums you pay are tax - free under Section 80C and the benefits are also tax - free under Section 10 (10D).

Income Tax Benefit - Life Insurance premiums paid up to Rs. 1,00,000 are allowed as a deduction from the taxable income each year under section 80C and the Maturity Proceeds are tax free under section 10 (10) D subject to fulfilment of terms and conditions.

Income Tax Benefit - Life Insurance premiums paid up to Rs. 1,00,000 are allowed as a deduction from the taxable income each year under section 80C and 1 / 3rd of the Maturity proceeds are tax free under section 10 (10) A subject to fulfilment of terms and conditions

All premiums paid in this plan are free from income tax under section 80C and the maturity amount is free under section 10 (10D).

4) Income tax benefits: Life Insurance premiums paid up to Rs. 1,00,000 are allowed as a deduction from the taxable income each year under section 80C of income tax act and the maturity amounts are tax free under section 10 (10) D subject to fulfillment of terms and conditions.

Life Insurance premiums paid up to Rs. 1,00,000 are allowed as a deduction from the taxable income each year under section 80C and the Maturity Proceeds are tax free under section 10 (10) D.

Life Insurance premiums paid up to Rs. 1,00,000 are allowed as a deduction from the taxable income each year under section 80C and the Maturity Proceeds are tax free under section 10 (10) D subject to fulfilment of terms and conditions.

So, the maturity proceeds will be tax free under Section 10 (10D).

Tax benefit amount: Life Insurance premiums paid up to Rs. 1,50,000 are allowed as a deduction from the taxable income each year under section 80C and the Maturity Proceeds are tax free under section 10 (10) D subject to fulfillment of terms and conditions.

The maturity proceeds are also tax - free under Section 10 (10D) of the Income Tax Act.

You can avail the tax deduction for the premium amount under section 80C and income from the plan is tax - free under section 10 (10) D of the Income Tax Act, 1961.

Income Tax Benefit - Life Insurance premiums paid up to Rs. 1,00,000 are allowed as a deduction from the taxable income each year under section 80C and the Maturity Benefit is tax free under section 10 (10) D subject to fulfilment of terms and conditions.

The Sum Assured / Death Benefit paid to the nominee / beneficiary in case of death of the insured is tax free under Section 10 (10D) of the Income Tax Act.

The Maturity Proceeds are also tax free under section 10 (10) D under the mentioned clauses.

The maturity amount you get when the policy matures or the death benefit your family gets on your (policy holders) death, are tax free under Section 10 (10D) of the income tax act.

The premium invested in this plan is tax free till Rs 1 lac per annum under section 80C and the Maturity Benefit is tax free under section 10 (10) D since the Sum Assured in a Traditional Endowment Plan is always more than 10 times the premium that is being paid.

The maturity amount you get when the child ulip matures, or the death benefit your child gets on your (life assured) death, are tax free under Section 10 (10D) of the income tax act.

The sum assured your beneficiaries get is tax free under Section 10 (10D) of the income tax act.

If your nominee receives the amount of your single premium life insurance, then the entire amount would be tax - free under Section 10 (10D).

Maturity proceeds under this Policy are tax free under section 10 (10D) of Income Tax Act 1961 upon fulfillment of conditions laid down fo

The payouts of the insurance policy are tax free under section 10 (10) D of the Income Tax Act, 1961.

Case A: Death of Policyholder The proceeds received by the family member upon death of the policy holder is completely tax free under section 10 (10D).

Also, the 1/3 amount of the maturity proceeds is tax - free under the Section 10 (10A) of Income tax act.

Also One third of the Maturity proceeds are tax free under section 10 (10) A subject to certain terms.

The proceeds from term life insurance and money back life insurance plans in the form of a death benefit, survival benefit and maturity benefit are completely tax - free under Section 10 (10 D).

Premiums paid towards the plan up to Rs. 1.5 lakh are tax - free under the Section 80 (C).

The sum assured paid to the nominee would also be tax - free under the section 10 (10D).

Even the maturity amount will also be tax - free under Section 10 (10D).

Tax Benefits - The premium paid is exempted under the section 80C and the maturity amount is tax - free under the section 10 (10D).

The maturity benefits paid (in case of term plans with return of premium option) and also the claim amount (if any, received by your nominee) is also tax free under Section 10 (10D) of the income Tax Act 1961.

And the payout received in case of claim is completely tax free under Section 10 (10D) of the Income Tax Act.

As the rules currently read, tax benefits for maturity proceeds are tax - free under Section 10 (10D) only if the payout is ten times the premium amount (usually possible only when the policyholder is young and buys the plan early in life).

Premium paid in a child insurance plan is eligible for tax deduction under Section 80 C while the income from the plan is tax free under Section 10 (10D).

Maturity amount is tax - free under section 10 (10D).

The sum assured paid to your nominee would also be tax - free under section 10 (10D)

Premiums paid are exempt from tax under Section 80C and the claim received is also tax - free under Section 10 (10D).

Premiums paid for such policies are eligible for tax - deduction under Section 80C and any income is tax - free under Section 10 (10D) of the Income Tax Act, 1961.

At the time of maturity, the entire proceeds will be tax free under Section 10 (10D).

Currently, the premium paid and the amount drawn are tax - free under section 80 C and 10 (10D) of Income Tax Act, 1961.

For some life insurance policies, the pay - out received by the spouse or the children in the event of death is also tax free under Section 10 (10D) of the Income Tax Act.

Life Insurance claims proceeds are tax free in hands of the nominee - Death benefits are tax free under section 10 (10D) of Income Tax Act, 1961.

Tax Benefits - You get a tax deduction for the premium you pay under Section 80C and the money you realize on maturity is tax - free under Section 10 (10) D of the Income Tax Act.

The proceeds of the redemption are generally tax - free under section 10 (D) and therefore ULIP can be considered as the best tax free investment in India.

The death benefit your family receives from the endowment life plan is tax free under Section 10 (10d) of the income tax act even if the premiums paid in any year exceeds 10 % of the sum assured on the endowment life plan.

Avail Tax Exemption: You get a tax deduction for the premium you pay under Section 80C, and any income from the plan is tax - free under Section 10 (10) D of the Income Tax Act

Moreover, the death benefit received under the plan is also tax - free under Section 10 (10D) of the Act.