3 replies on this article “Is Postal Life Insurance good for Defence Personal ?”

1. ashalanshu says:

   January 15, 2014 at 8:54 pm

   Dear Angu, as you are in 10% tax slab and already the 1L Rs. limit of section 80C is over, the maximum benefit from home loan interest for you ‘ll be 15000 Rs. for 150000 Rs. interest outgo if the house in question is going to be self occupied. Hence a 15-16L Rs. as on date ‘ll be enough for you.

   Thanks

   Ashal

   Reply
2. angu012d says:

   January 15, 2014 at 8:04 pm

   MY TAX SLAB IS 10%. PF CUTTING IS 14000 PER MONTH. NO LOAN ON ME.INSURANCE (LIC &PLI) 45000 ANNUALY.

   Reply
3. ashalanshu says:

   January 13, 2014 at 12:21 am

   Dear Angu, insurance should be there to cover family’s financial loss due to untimely death of the income earner. PLI can not provide enough life cover, hence it’s useless on this count. On investment front too, PLI can not provide super duper returns, hence not good here also.

   What is your tax slab to know the answer for home loan thing?

   thanks

   Ashal

   Reply

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