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Posts Tagged ‘Income’

Income Tax Planning In India

Question: Which is lowest cost ulip plan in india?

Lawest allocation charges
lawest mortality charges
lawest management and other charges
very high insurance coverage
very high pemium up to 100000 [one lakh]
minimum 10 years stay investment period
maximum 5 years premium term
highly risky, full 100% invest in stock market directly
income tax benefit
which company offer this types ulip plan in india?
who is fund manager?

Answer: Pure Term Plan + Investment in ELSS or MFs is the best low cost plan.

Even the best ULIP will not give you what the above combination can give.

HMT

Dion Economic Vision Part 1 of 2

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