November 6, 2010 7:28 am
ULIP’s are not removed under Sec80C. The amount of tax-rebate under ULIP has been decreased from Rs.1 lac to Rs.50,000 p.a.. This amount is also inclusive of children school fees.
To get more benefit, one can invest in pension plans also.
BTW, AMFI is requesting finance ministry to continue ELSS with tax benefits. Let’s see what happens next year.
Hope it will help you.
I suppose, ULIPS also are removed from exemption under 80 C, is it true!
no , ULIP’s are under 80C only . They are not removed
You will have insurance policies , ULIP’s , NPS , PPF mainly .
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