tax on insurance premium

18 December 2018

Is the insurance premium paid, COMPLETELY exempt from income tax? ( in the case of an individual)

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pragun (studdent) (41 Points)
Replied 18 December 2018

if the insurance was made by employer

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Trex Gaming_67 (243 Points)
Replied 18 December 2018

Thank you
But Upto how much amount is exempt?

pragun (studdent) (41 Points)
Replied 18 December 2018

fully allowed in the hands of employer under section 36

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Trex Gaming_67 (243 Points)
Replied 18 December 2018

Ok. What if its not made by employer? Completely taxable or is there any exemption?

pragun (studdent) (41 Points)
Replied 18 December 2018

completely taxable

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Trex Gaming_67 (243 Points)
Replied 18 December 2018

Thank you so much🙏

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