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about income tax rules under sec 80c

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Posted: Tue Feb 24, 2009 2:07 pm   Post subject: about income tax rules under sec 80c   i am a retired person & my spouse is a housewife i want to take life insurance on the of my wife. please tell me that i can take tax benifit by proposing my wife under sec 80c	devaker17115 New member Joined: 24 Feb 2009 Posts: 1 1.26 Dollars($)
Posted: Tue Feb 24, 2009 8:56 pm   Post subject:    Hey Mr. Devkar It seems that you are from India (sec 80 C) you can claim for the sec 80 c tax benefit but one thing is that r u having that much taxable income. If your taxable income is crossing beyond 2.5 lacs p.a. (as per current tax laws) then you can go for sec 80 c.surely you will get tax deduction benefit. ( i mean then only there is some point to go for tax benefit) for other details either you can PM me or contact me on my mail dusane.amit41[at]gmail.com e-mail id deactivated for your safety _________________ www.Parthaconsultancy.info Its my personal website.	amit Senior member Joined: 25 Jan 2009 Posts: 366 8.19 Dollars($)
Posted: Fri Dec 04, 2009 7:59 pm   Post subject: 80c   is it necessary to save Rs.100000 in every financial year for tax savins under 80c _________________ Register Now to have your Insurance queries solved.	subhajit Guest
Posted: Sat Mar 05, 2011 2:37 pm   Post subject: 80c   I am a retired senior citizen aged 67.If I take lifeinsurance policy for my wife aged 58 am I eligible for deduction of max rs of 100000/annum under 80c in my tax return? _________________ Register Now to have your Insurance queries solved.	K Ram Guest

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