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Moneylife » Economy & Nation » Taxation » Tax-saving traps to avoid

Tax-saving traps to avoid

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    • Nagesh Kini
    • Vikas Sivaraman
    • Nagesh Kinifca
    • Srinivasu
    • 9 comments

Debashis Basu & Raj Pradhan | 24/02/2011 08:25 PM | 

taxsaving-2

In your desire to save tax, don’t buy a flawed product.  Debashis Basu & Raj Pradhan explore the tax-saving traps best avoided and reveal a right approach to save tax

The period between January and March is the busiest one for life insurance companies. Lakhs of insurance agents aggressively sell unit-linked insurance plans (ULIPs) with a bait of tax saving. Insurance companies come out with new campaigns during this period.

ICICI Prudential Life has roped in Amitabh Bachchan with the campaign ‘Jeene Ka License’. Future Generali has introduced ‘Insurance Week’ with the campaign ‘Sign karo, Mukti pao’. The ...


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