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CBDT Introduces New Rules For Calculating Tax On Life Insurance Premiums Above Rs 5 Lakh
Under the new provision, policies issued on or after April 1, 2023, will be exempted from tax only if the total aggregate premium does not exceed Rs 5 lakh annually.
Amit maheshwari
Associates joint partner corporate international tax
Union budget
Central board
Direct taxes
Income tax amendment
Sixteenth amendment
Finance act
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International tax
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Income tax department
Income tax saving
Ncome tax saving on life insurance
Life insurance policies
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