Sentences with phrase «lakh under it»

Term Assurance Rider - You can opt for a minimum sum assured of Rs. 1 lakh and maximum sum assured ofRs.25 lakh under this rider, which can be opted at any time within the premium paying term of the basic plan provided the outstanding premium paying term is at least 5 years.

In 2011, the public sector United India Insurance Company was fined Rs 5 lakh under the provisions of Section 64VC of the Insurance Act for opening 35 new branches across the country without permission from the authority.

They too get tax deduction up to Rs 1.5 lakh under Section 80C and tax exemption on returns under Section 10 (10D) of the Income Tax Act.

Tax exemption - The premium paid is also exempted from taxation up to a maximum of Rs. 1 lakh under Section 80C of the Income Tax Act, 1961.

Let's say Sharmaji a 32 year old male has invested Rs 10 lakh under this policy.

In life insurance, the premium amount payable is deductible from taxable income up to a maximum amount of Rs. 1 lakh under section 80C.

You might have coverage of Rs. 10 Lakh under your family floater policy, which is enough for a family of 4.

On purchasing any of these products, he can avail of tax benefits which are up to Rs. 1 lakh under the Income Tax Act, 1961 of Section 80C.

Yes, the premium you pay on the term insurance policy has a maximum tax benefit of Rs 1.5 lakh under section 80C of the Income Tax Act, 1961.

They offer deductions on the premiums up to INR 1.5 lakh under Section 80C of the IT Act; even the benefits your loved ones receive in case of your demise is exempt from tax.

Meanwhile, during the policy premium payment period, you can claim tax benefit of up to Rs 1.5 lakh under section 80C of the Income Tax Act.

Under section 80C of the Income Tax Act, 1961, all premiums of up till INR 1 lakh under this policy are exempted from taxation.

The highest sum assured, of Rs 1 crore, is offered under ProHealth Premier and Rs 50 lakh under ProHealth Preferred Plan.

Currently, taxpayers can claim an annual deduction of Rs 1 lakh under Section 80C for instruments such as PPF (with a limit of Rs 70,000), PF, NPS, ELSS, premium for pure life insurance or ULIP, principal repayment of home loan, national savings certificates (NSC), fixed deposits with a maturity of five years, payment of tuition fees for full - time education for up to two children.

You can get benefit upto Rs 1 lakh under Section 80 (C) of the IT Act where premium paid up to Rs 1 lakh would be eligible for exemption from tax.

You can invest an additional amount of Rs 50,000 in the New Pension Scheme (under Section 80CCD) over and above the limit of Rs 1.5 lakh under Section 80C.

The government will offer insurance coverage worth Rs 2 lakh under both schemes.

For instance, the sum insured is Rs 2 lakh under a car insurance, if the insured had an accident and had to bear a financial loss of Rs 1 lakh, his insurance company is liable to pay him Rs 1 lakh.

Any insurer can offer these pension funds and can claim a maximum deduction of Rs. 1.5 lakh under it.

A total of 43.35 lakh people have been enrolled under the PMSBY and about 18.31 lakh under the PMJJBY in Gujarat.

You can claim tax deductions of up to $ 1.5 lakh under Section 80C by investing in ELSS mutual funds.

The insurance premium you pay on a policy is eligible for a maximum deduction of Rs 1.5 lakh under Section 80C of the Income Tax Act, 1961 and for tax - free proceeds on death or maturity under Section 10 (D).

A home loan borrower can claim Income Tax exemption on interest payments of up to Rs 2 lakh and another Rs 1.5 lakh under Section 80 C towards the principal repayment for a Self - occupied property.

Equity linked savings scheme (ELSS) is a type of diversified equity mutual fund through which you can save tax up to 1.5 lakhs under section 80C of income tax act.

At the end of 35 years, on survival you would have paid around $ 47 lakhs under the endowment plan and you would have received $ 50 lakhs.

The premium paid for the term plan is tax exempt upto Rs. 1.5 lakhs under section 80C of Income Tax (IT) Act.

Premiums paid for all life insurance policies are exempt from tax up to a maximum of Rs 1.5 lakhs under Section 80C of the Income Tax Act, 1961.

I am paying Rs. 1150 annually for a cover of 25 Lakhs under this rider (upto the age of 70).

While the former offers around one to two lakhs sum assured, private insurers can offer as high as 15 - 20 lakhs under family floaters.

So, even if you choose a sum assured of Rupee 5 lakhs under your health insurance plan, there could be situations when your policy would cover only 50 % of the sum assured for the medical treatment required.

Yearly annuity in Rupees for a Purchase price of 1 lakhs under different options and purchase price bands for age 55 years

On the other hand, private insurers offer higher covers, as much as INR 15 - 20 lakhs under family floaters.

Liability is covered for an unlimited amount with respect of death or injury and damage to third party property for Rs 7.5 lakhs under Commercial Vehicle and private and Rs 1 lakh for Scooters / Motor Cycles.

Annual premium in Rupees for a SA of 50 lakhs under the HDFC Click To Protect Plus for a policy term and PPT of 20 years:

All the premiums paid under term life insurance and money back life insurance plans are eligible for a tax exemption up to Rs. 1.5 Lakhs under Section 80 C.

The premiums paid for your life insurance plan are exempt up to Rs. 1.5 lakhs under Section 80C of the Income Tax Act.

Under this rider, if there is an accident before completing 65 years of age, or during the contract period, whichever is earlier, an additional amount equivalent to the basic sum assured (max Rs. 50 lakhs under all policies issued by SUD Life is payable

Not exact matches

Though these dresses may look too expensive to afford but you can get them under the price range less than one lakh.

6 airbags - The Elite i20 is the only car in its segment to offer six airbags that makes it one of the safest hatchbacks on sale in India under Rs 10 lakh

We take a look at the top 5 compact SUVs in India with an Automatic gearbox (including AGS, AMT, among others) under Rs 10 Lakh.

Expect competitive pricing with entry - level petrol and diesel variants retailing for well under INR 6 lakhs and INR 7 lakhs respectively.

This news comes a day after Jeep India surprised all by launching the Jeep Wrangler Unlimited Petrol variant at a staring price of INR 56 lakh, under - cutting the old Discovery Sport's price tag by about INR 50,000.

They share their feature lists with the respective manual counterparts and can be a good option for those looking for an automatic diesel SUV under Rs 9 lakh (ex-showroom).

Review Link: The best car under 8 lakhs is XM of Nexon Petrol Thanks.

While most of the variants of the Tiago are priced above the $ 4 lakh mark, the XB, XE and the XE (O) variant of the petrol trim and the XB variant of the diesel model are priced under that range.

Engine Performance, Fuel Economy and Gearbox Tell me a car that has Turbo charged petrol engine under 8 lakhs, the answer is no.

Owners of the Figo and EcoSport are also given the option to extend their warranty period by one or two years, as long as the vehicle is under the warranty period of two years or 1 lakh kms.

We say that because Maruti offers two variants of the Vitara Brezza AMT under the $ 10 lakh mark and while the rivals such as the Tata Nexon AMT and the Mahindra TUV100 have their AMT variants priced above the $ 10 lakh mark.

We answer the most asked question to us - «Can you suggest a high mileage diesel automatic under Rs 10 Lakh?»

But if Datsun manages to price the redi - GO 1.0 under Rs 3.6 lakh, we would recommend it over the standard redi - GO.