dear Dkkatariya, can you not accumulate 5L Rs. from normal sources? How are you planning to receive tax free 5L Rs. from a child policy? Please elaborate on your plans.
dkkatariya should anything happen to you before your child turns 18 who will pay for the remaining premiums. One should never invest in an endowment plan on Child’s name.
dear Dkkatariya, can you not accumulate 5L Rs. from normal sources? How are you planning to receive tax free 5L Rs. from a child policy? Please elaborate on your plans.
Thanks
Ashal
Dear Ashal
I required money Rs-500000
Thanks
Regards
D.K.Katariya
Dear Dkkatariya, how much money you require at your child’s age 18?
Thanks
Ashal
regarding tax free maturuty, it will remain tax free under IT section 10-10D irrespective of the person assured on the policy (you or your child)
dkkatariya should anything happen to you before your child turns 18 who will pay for the remaining premiums. One should never invest in an endowment plan on Child’s name.
money tax free required at the age of 18 for child study
Dear Dkkatariya, why do you want to invest in a child policy?
Thanks
Ashal