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Treatment of medical and life insurance premium paid by comp

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Querist : Anonymous

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Querist : Anonymous (Querist)
04 June 2012 Can anybody advise if the group medical and life insurance company provided to employees are tax exempted inn hands of employees?
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Mannu

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Mannu (Expert)
05 June 2012 No, it's not exempted in the hands of employees.
The company will take the benefit.

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