Tax Saving Options for FY 2017 - 18 - Kotak Life Insurance
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    Kotak e-Term Plan is a pure term plan that provides a high level of protection to your loved ones in your absence.

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    The Kotak Health Shield Plan helps secure your finances in times of sudden medical expenses related to illness such as Cardiac, Liver, Neuro and Cancer (all early and major stages of illness /conditions of Cancer); along with offering protection for Personal Accident - in case of accidental death or disability.

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    Kotak Lifetime Income Plan gives you the assurance of your income continuing throughout your life and in your absence throughout the lifetime of your spouse!

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Saving Income tax in 2017 - 18

Save Tax Now Saving Income tax in 2017 - 18

Saving tax need not be taxing any more

Come the tax season and we run helter-skelter trying to save up whatever tax we can. We frantically make investments to minimize taxes, without adequate knowledge of the various available options. Times like these can be very tricky as it is a challenge to find the right instrument for saving tax. There is an easier way to manage this:

You can use tax saving investments effectively and achieve financial goals. They should not only help save tax but also provide attractive returns on investments.

Life insurance in India can be very useful for tax planning, because the policyholder is eligible for tax benefits under the Income Tax Act, 1961.

There are several investment options listed as eligible under Section 80C. You can claim the deduction from gross total income for the premium paid for your life insurance policy.

Kotak Life Insurance offers you a spectrum of term plans that provide triple benefits of saving tax on investment, life insurance cover and tax-free returns as well. So, choose your plans wisely from Related Plans below and achieve much more than tax saving.

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Read Here for More Related Articles:

- A Consumer Education Initiative series by Kotak Life

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