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Advantages of Choosing Saving Plans
A person can receive tax advantage under Section 80C of the Income Tax Act, 1961 and receive a tax exemption on premium for an amount up to ₹1.5 lakhs.
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Build Guaranteed Savings for Your Future Goals
Tax Exemption: Make sure to consider plans that provide tax benefits like tax exemption and tax-free maturity value. Tax liabilities can cut off a part of your return, leaving you with deducted money. Investing in long-term savings plans that enable tax exemption not only saves your tax money but also protects you in times of emergency. Under section 80C of the Income Tax Act, a maximum of ₹1.5 lakh can be claimed for tax exemption.