#NRImoneyclinic #returningNRIs #taxsaving

INVESTING IN ULIPS

100% Tax Free Cash Flow Throughout Life
Watch Video On This Channel – Are Ulips Bad Plans To Invest ?
Buy Only If It Suits You.

INVESTING IN NPS ACCOUNTS

Invested Amount Remains Tax Free Up To Age 70
60% Of Maturity Proceeds Can Be Withdrawn Tax Free
Tax exemptions Up To Rs 50,000 On contributions Up To Age 60

MAKE USE OF STATUTORY PROVISIONS

Sec 80 C – 1. 5 lakhs – Investments
PPF / ELSS / NSC / NPS / Life Insurance etc

Sec 80D -Health insurance
Rs 50,000 to Rs 100,000

Sec 80 E – Interest Payment On Education Loan
Up To 7 Years

Sec 80EED – Up To 1.5 Lakhs
Interest Payment On Electric Car Purchase

Sec 80 GG – Max Rs. 60,000 PA
House Rent Paid

Sec 80 TTA / TTB – Rs 10,000 to Rs 50,000
Interest Received From Saving Bank and Post Office Deposits

Sec 80 DD / 80 U – Rs 75,000 to 1.25 Lakh ( Conditions Apply )
Deductions On Account Of Disability Of Dependent & Self

Sec 80 DDB – Medical expenses Incurred
Rs. 40,000 to Rs 100,000 PA ( Conditions Apply )