Income Tax Section Gross Annual Salary How Much Tax Can You Save? HDFC Standard Life Plans
Sec. 80C Across all income slabs Upto Rs. 30,900/- saved on investment of Rs. 1,00,000/- All our Life Insurance Plans
Sec. 80CCC Across all income slabs Upto Rs. 30,900/- saved on Investment of Rs.1,00,000/- All our Pension Plans
Sec. 80 D* Across all income slabs Upto Rs. 9,270/- saved on investment of Rs. 30,000/-
(Inclusive of Rs.15,000/- towards health insurance of parents)
  • All our Health Insurance Plans
  • All the health insurance riders available with our Conventional Plans
Upto Rs. 10,815/- saved on investment of Rs.35,000/-
(Inclusive of Rs. 20,000/- towards health insurance of parents who are senior citizens)
Total Savings
Possible **
Rs. 41,715/-

  • Rs. 30,900/- under Sec. 80C and Sec. 80CCC
  • Rs. 9,270/- or Rs. 10,815/- under Sec. 80D
  • Above figures calculated for a male with gross annual income exceeding Rs. 8,00,000/-
Sec. 10 (10)D Under Sec. 10(10D), the benefits received by you are completely tax-free
  • Applicable to premiums paid for all Health Insurance Plans, Critical Illness Benefit, Accelerated Sum Assured and Waiver of Premium Benefit.
    ** These calculations are illustrative and based on our understanding of current tax legislations.
     
  • The above-mentioned tax benefits are subject to changes in the tax laws. Please contact your tax consultant for an exact calculation of your tax liabilities.