With the tax return file submission in the horizon, get 15% Tax Rebate on your investment every year as premium payment of this policy. (Example: Pay premium amount of BDT 10 lacs & receive Tax rebate of BDT 1,50,000)
Tax rebates benefits can be availed each year based on premium paid amount.
No cap on the maximum amount of investment in the form of life insurance premium unlike DPS & Sanchay Patra.
Things to Remember
Amount of tax rebate depends on tax file of an individual & the 6th schedule part 3, (paragraph 2) of the Income Tax Act 2023.
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