Sentences with phrase «lakhs claim amount»

Not exact matches

We have 50:50 share of property, however I pay the complete EMI so as per the example in FAQ I am allowed to claim the tax benefit of the entire interest amount paid.With this in place can my wife claim the 100 % principal amount (due to other investments I have already exhausted the 1.5 Lakh threshold), so is it possible that I am claiming 100 % Interest paid and my wife claiming 100 % Principal paid.

Can exceeding amount can be claimed in tax benefit by my wife upto 2 lakhs.

somewhere i have read loan amount should not be more than 25 lakhs to claim under 80EE.

I paid 2.7 lakh interest in 2009 - 10 and 2.4 lakh interested in 2010 - 11; Can I claim (2.7 +2.4) / 5 = 1.02 lakh in 2015 - 16 as interest for previous year; total amount for year 2015 - 16 will be within 2 Lakhs after inlcuding interest paid in 2015 - 16.

As the interest amount (PPI installment + regular interest) is less than Rs 2 Lakh, he can claim the entire amount u / s 24, even if it is a Self - occupied property.

You can claim the deduction in 5 equal installments combining the whole pre construction interest but the amount shouldn't be beyond Rs 2 lakhs.

In order to claim this deduction, the amount of loan taken should be less than or equal to Rs 35 lakhs and the value of the property shouldn't exceed more than Rs 50 lakhs.

Claim is Rs. 2.1 lakh and the amount is sanction in few days.

Whole bike is insure in the policy and the claiming amount is about one lakh forty thousand rupees.

Claims easily sanctioned and the return amount is ~ Rs. 3.2 lakh.

Claiming amount is Rs. 21 lakhs.

The policy is nice, Good policy coverage and claim amount is Rs. 20 lakh after 15 years.

The premiums paid under this LIC online term plan earn tax relief under Section 80C up to Rs. 1.5 lakhs and any amount of claim received also earns tax relief under Section 10 (10D) of the Income Tax Act

In total, the count of motor claims settled was over 5, 300, while an average amount paid to an individual was Rs. 1.74 lakh.

Policy coverage is also good with claiming amount of Rs. 19 lakh.

Plan is good with claiming amount of Rs. 3 lakhs and the ambulance is also provided for free of cost.

Claims are 89 % and payback amount is around ~ Rs. 27 lakh.

Service is good with claiming amount of Rs. 19 lakh.

I buy it, really good one with Rs. 28 lakh amount of claim and 90 % of policy coverage.

The amount of premiums paid up to a limit of Rs. 1.5 lakhs and claims received up to any amount enjoy tax exemption as mentioned in the tax laws.

With the super top - up though, this Rs. 1 lakh will be met, since it takes into account your total claim amount during the year.

The National Insurance Co Ltd (NICL) has been directed by a consumer forum here to pay a policy holder insured amount of Rs 1.3 lakh for a stolen car along with compensation of Rs 15,000 for rejecting his claim on the ground that the driver had claimed to be the owner of the vehicle in the FIR.

Tax exemptions can be availed to an amount of Rs1.5 lakhs on the premium and completely on the death claim under the sections 10 (10 D) and 80 C.

If you analyze the latest data, the average claim amount settled by LIC is very small, which is around Rs 1.14 Lakh per policy.

Kotak Mahindra general insurance company incepted in 2015, during the year Kotak Mahindra received 6 lakhs premium and incurred a claim amount of 26 Llakhs premium and incurred a claim amount of 26 LakhsLakhs.

The premiums paid up to Rs. 1.5 lakhs are exempt from tax and any amount of claim received is also free from the incidence of tax.

For instance, if a policyholder has borrowed Rs. 5 Lakhs for the treatment, against 8 lakhs life insurance, the lender can only claim the loaned amount (Rs. 5 Lakhs), and not the entire life insurace amount (Rs. 8 Lakhs), and the balance (Rs. 3 Lakhs) will go the nomLakhs for the treatment, against 8 lakhs life insurance, the lender can only claim the loaned amount (Rs. 5 Lakhs), and not the entire life insurace amount (Rs. 8 Lakhs), and the balance (Rs. 3 Lakhs) will go the nomlakhs life insurance, the lender can only claim the loaned amount (Rs. 5 Lakhs), and not the entire life insurace amount (Rs. 8 Lakhs), and the balance (Rs. 3 Lakhs) will go the nomLakhs), and not the entire life insurace amount (Rs. 8 Lakhs), and the balance (Rs. 3 Lakhs) will go the nomLakhs), and the balance (Rs. 3 Lakhs) will go the nomLakhs) will go the nominee.

For instance, there are three claims in a policy year of amounts Rs. 50, 000, Rs. 90, 000 and Rs. 3 lakhs.

Therefore, Ms.Sood can claim the balance amount of Rs 3 lakhs from her top - up health cover.

Following his claim, an investigation was held and the responsible corporate claim manager had approved a claim amount of Rs. 7.85 lakhs.

The family floater health insurance policy can be used by any family member up to the sum assured, for instance, if four members of a family come under family floater plan for the cover amount of 10 lakh, all members can claim up to the assured amount.

Aegon Life iCancer Insurance Plan allows multiple claims for unrelated cancers, subject to a maximum limit of Rs. 5 lakhs per claim and subject to the cumulative amount for all claims not exceeding 25 % of the sum insured.

So, if the basic sum assured is Rs 25 lakh and the policyholder has attached an ADB rider of Rs 10 lakh, the total claim amount will be Rs 35 lakh, if the death occurs due to an accident.

The remaining claim amount Rs 2.5 Lakh (Rs 3 Lakh — Rs 50,000) is payable by HDFC.

Separate claim settlement ratios only for term insurance plans are not available c) All premiums amounts have been taken from the respective company websites d) The premiums shown in the above table are for a 31 year old male (non-smoker) for a sum assured of Rs. 50 lakhs for a term of 20 years.