POSTED BY January 11, 2014 8:46 am ONE COMMENT
ONHi,
My Sister and her daughter stays with me .I take care of their day to day expenses .I have bought a policy for the child for her education.Will i save tax on the premium paid for the policy
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Dear Medico, the plain answer is NO. You can not save tax on this policy for your niece/nephew.
Thanks
Ashal