Tag: financial planning
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Deductions Permissible u/s 80C
Deductions on Life Insurance Premium, contribution to Provident Fund, etc. (sec. 80C) Any sum paid or deposited to keep in force insurance on the life on an individual or his spouse any child of such individual and any member of HUF. Deduction is allowed only where the premium paid does not exceeds 20% of the…
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Find out-Mutual funds specified u/s 10(23D)
Income arising from Mutual Funds set up by any public sector bank or public financial institution – notified u/s 10(23D) is exempted. SBI Mutual Fund, CANBANK Mutual Fund, LIC Mutual Fund, The India Magnum Fund N.V. Mutual Fund, Indian Bank Mutual Fund, PNB Mutual Fund, BOI Mutual Fund, Asian Convertibles and Income Fund Mutual Fund,…
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Cancer Care for Life scheme by regional cancer centre
Cancer Care for Life scheme (3rd series) is a scheme sponsored by Regional Cancer Centre, Trivandrum to provide advanced cancer treatment free of cost to all those who join the scheme up to a prescribed limit. In this scheme there are two Plans, plan-A and plan-B. The scheme is open to all Indian citizens who…