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5 Ways to Save Tax and Secure Your Family!

Life Insurance policies for offer best tax saving plan to help you save up to Rs ...u/s 80C. You can also save tax u/s 80CCC, 80D and 80 DDD

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5 Ways to Save Tax and Secure Your Family!

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  1. Tax Saving Plans

  2. 5 Ways to Save Tax and Secure Your Family!

  3. Introduction to Investment and Tax Saving • Every bread-earner in a family has one single aim: to secure his\her family member’s future and to give them better avenues in life when hit by crisis or in times of need. ‘Life’ is a very fragile thing, it cannot be safeguarded and is always prone to the perils of this world. However, you can always insure your life to help people under your sanctuary to be indemnified with a hedge-cover when you are gone. • Why Is An Insurance Policy Better Than Bank Investment? • If you are looking to invest your money in your family’s future, it is best to invest in a life insurance policy which indemnifies your benefactor with a certain sum of money with a substantial return on investment. • Keeping money in a bank also earns interest, but does not promise you a specified sum of money like a policy does! Proper tax planning is the key here. • If you plan your Tax Saving Plans deductions accordingly and invest in policies, not only are you exempt from certain taxes levied by the Government of India, you also end up earning more from your investment better than banking or investing in the share market,

  4. which is susceptible to market factors and burdens you with huge amounts of risk. • Proper tax planning aims to do two significant things: • Reduce your taxes while you are still alive, and also after you die. A permanent life insurance cover gives you the advantage to hit these two targets with a single arrow! • You can easily transfer your assets to your beneficiaries without the burden of income tax and also defer tax-deferred growth of cash kept inside the policy. • If the property is co-owned by both your parents, they should split the rent amount and file for separate tax liabilities of their own; this way the tax amount gets reduced. • It is always up to you how you look at the future; your money is in your hands and only you can judge what best can be done with it.

  5. Follow us on https://www.facebook.com/bajajallianzlifeinsuranceltd https://www.linkedin.com/company/bajaj-allianz-life-insurance-co-ltd- http://plus.google.com/+bajajallianz/posts https://twitter.com/bajajallianzLIC https://www.youtube.com/user/jiyobefikar https://instagram.com/bajajallianzlifeinsurance

  6. Click to know more on Tax Saving Plans: https://www.bajajallianzlife.com/save-tax.jsp Thank You

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