80c RULES-3

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5. Limit on LIC Premium for deduction u/s 80c For insurance Policy issued before 1-4-2012 For Insurance Policy issued on or after 1-42012 • Actual premium paid or 20% of actual capital sum assured whichever is less • Actual premium paid or 10% of actual capital sum assured whichever is less

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Transcript of 80c RULES-3

Page 1: 80c RULES-3

5. Limit on LIC Premium for deduction u/s 80c For insurance Policy issued before 1-4-2012 For Insurance Policy issued on or after 1-42012 • Actual premium paid or 20% of actual capital sum assured whichever is less • Actual premium paid or 10% of actual capital sum assured whichever is less