How to Save Income Tax This Year with HDFC Life Plans
HDFC Life offers various plans that enable you to save on taxes. These plans add on to your corpus while ensuring that the returns and the investments are covered under the relevant Sections for tax benefits. Following is a list of various plans offered by HDFC Life that enable you to save on taxes:
HDFC Click 2 Invest ULIP:The ULIP plan offered by HDFC Life is one of the most beneficial ones when it comes to tax-saving. This is a market-covered Unit-Linked-Investment-Plan that serves both your insurance as well as investment needs and offers stable returns through a mix of various fund options, between which you can switch as well, depending on the market performance and your risk-appetite. HDFC Click 2 Invest ULIP offers tax benefits under Sections 80C and 10(10D) of the Income Tax Act and offers further tax benefits under the provisions of the incumbent administration by way of being exempt from the purview of LTCG (Long Term Capital Gains) taxation.
HDFC Life Click 2 Protect 3D Plus:This term insurance plan offered by HDFC Life is a traditional term insurance plan that comes with relevant tax benefits under Sections 80C and 10D of the Income Tax Act, 1961. Any investment made towards the payable premiums of this plan is exempt from taxation up to an upper capping of Rs 1.5 Lac in any given financial year.
HDFC Life Health Insurance Plans:The various Health insurance plans offered by HDFC Life are covered under the purview of tax-exemption under Section 80D of the Income Tax Act, 1961 and as such, these plans offer relevant tax benefits in addition to the financial coverage under the main plan benefits.
HDFC Life offers a credible platform for financial growth and monetary security for the purpose of ensuring a stable and optimum growth of your funds. For details, click on the mentioned link: https://www.hdfclife.com/insurance-plans.
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HDFC Life Insurance Company Limited. CIN: L65110MH2000PLC128245, IRDAI Reg. No. 101.
Registered Office: Lodha Excelus, 13th Floor, Apollo Mills Compound, N.M. Joshi Marg, Mahalaxmi, Mumbai 400 011. Email: [email protected], Tel No: 1800-266-9777 (10 am to 7 pm). The name/letters “HDFC” in the name/logo of the company belongs to Housing Development Finance Corporation Limited (“HDFC Limited”) and is used by HDFC Life under an agreement entered into with HDFC Limited.
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