You will be eligible for tax benefits under Section 80C and Section 10 (10D) of the Income Tax Act, 1961.
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Under Section 80C: You
can save tax each year as premiums up to Rs. 1,00,000 are allowed as
a deduction from your taxable income |
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Under Section 10 (10D),
the benefits you receive from this policy are completely tax-free, subject
to the conditions specified therein |
The above mentioned tax benefits are subject to changes in
the tax laws.
The name of the company 'HDFC Standard Life Insurance Co. Ltd.' & plan
'HDFC Unit Linked Young Star Plus Form No. P501-29/A.UIN 101L023V01' do
not, in any way, indicate the quality of the plan, its future prospects
or returns. All Unit Linked Life Insurance Plans are different from traditional
insurance plans & are subject to different risk factors. In HDFC Unit
Linked Young Star Plus, the investment risk in your chosen investment portfolio
is borne by you. Kindly acquaint yourself with the associated risks and
the applicable charges from our Relationship Manager/Product Brochure/Policy
Document of the insurer.This product is underwritten by HDFC Standard Life.For
more details on the risks factors, terms & conditions please read the
sales brochure carefully before concluding a sale. Registration No: 101.Certified
Corporate Agent's License No. 933982.
Insurance is the subject matter of the solicitation.
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