Profit

Revised DTC may provide tax relief for life insurance buyers

PUBLISHED ON: August 11, 2010 | Duration: 2 min, 16 sec

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There could be some respite for life insurance buyers under the new Direct Tax Code regime. The revenue department is likely to relax its definition of 'life insurance' – so that a larger number of insurance buyers are able to qualify for tax benefits, under the DTC.
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