Question:

What are the features of United Bank of India Tax Savings Income Plan?

by Guest5178  |  12 years, 9 month(s) ago

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I am collecting information regarding United Bank of India. I want to know the features of United Bank of India Tax Savings Income Plan?

 Tags: bank, features, income, India, plan, savings, tax, United

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  1. Guest9129
    An assessee can invest in such deposit scheme of the bank a minimum of Rs.100/- or any amount in multiples of Rs.100/- up to a maximum of Rs.1,00,000/- and in a financial year, commencing from 1st April every year.
        
    The amount so invested by an individual or HUF, is eligible for deduction under section 80C of Income Tax, 1961.

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