You might hear Yield to Maturity (YTM), which is annual pre-tax rate of return (IRR) one would receive on a bond if it is held till its maturity (of course assuming Issuer of bond does not default on its obligations). Yield to Call (YTC) is slight variation of YTM, which is applicable in case of callable … Continue reading Do you consider ‘Yield to Call’ while investing in bonds/debentures?
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Single Premium Life Insurance Policy – Tax Considerations
1) Section 80C deduction is available only in the year of payment. In other words, one can't claim deduction across policy term similar to regular premium insurance policy. (Max limit under 80C is Rs. 1.5 lakh which includes insurance premium among other investment/saving avenues) 2) Where premium is more than 10%* of sum assured, a) … Continue reading Single Premium Life Insurance Policy – Tax Considerations