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Maximize Your Savings: How Term Insurance Can Help Slash Your Tax Bill

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Summary

Term insurance offers not only essential life cover but also significant tax benefits, as detailed under Sections 80C, 80D, and 10(10D) of the Income Tax Act, 1961. The blog explains how including riders can boost deductions and secure financial planning. It emphasizes informed decision-making to maximize savings, safeguard family welfare, and optimize tax liabilities.

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