I heard that from 2012 onwards LIC premium will not be considered as a tax saver.
I mean to say LIC premium will not give us Tax benifits.
Is it right?
Kindly comment.
Ankit Shah
L & T Power
Ankit Shah (Sr. Engineer) (24 Points)
29 January 2011I heard that from 2012 onwards LIC premium will not be considered as a tax saver.
I mean to say LIC premium will not give us Tax benifits.
Is it right?
Kindly comment.
Ankit Shah
L & T Power
Pankaj Arora
(Learner)
(3134 Points)
Replied 29 January 2011
DTC will applicable from 1st april 2012 but I don’t think that it will not consider as tax saver.
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