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  • Scheme 1 Example

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    Sri
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    Scheme 1 Example.xlsx

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    8 views1 page

    Scheme 1 Example

    Uploaded by

    Sri

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xlsx, pdf, or txt
    of 1

    Employee Age 45

    Annual Premium paid 10 Lacs


    Total premium paid in 20 years 2 Cr.
    Tax Saved per annum -3.39 Lacs
    Tax saved in 20 years 67.8 Lacs
    Net payment made in 20 years -1.32 Cr.

    Sum Assured: Ex-Gratia Tax Free Benefit


    received by the employee's family
    At age 75 7.39 Cr.
    At age 80 8.67 Cr.
    At age 85 10.16 Cr.
    At age 90 11.90 Cr.

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