DWQA User Profile ManishQuestions(7)Answers(1)Posts(0)CommentsDear Sreekanth,Thanks for your reply, to be simplified I am calculating as below for FY 2018-19:Earning from All Savings, Pensions and FD's = Rs. 3,00,000 /-Besides this Std. deduction allowed = 40,000/-Any of the FD's interest earning (80TTB) = 50,000/-Post office SCSS can claim 1.5 Lakh as tax exemption under 80C.Regards,Manish On Answer for Is Retirement Fund in Bank FD is taxable ?Dear Sree,Thanks for your fast reply and a nice article.I have gone through it & would say this article and insurance calculator is for single earning person in family. Nowadays, most of the families has both the husband and wife working. So, I would urge to consider this scenario as well. :)Regarding my query, I would request you to review the product "iShield 360 insurance" from ICICI. What is more beneficial, mortgage insurance or term plan ?If I look at complete package, Health Insurance for 5 years costs me 20k value for money product but other 2 terms, ICICI pru group loan secure and Income protect of 1.3 Lakhs does not worth. Isn't it better to opt out for Term plan + CI insurance ?On Answer for ICICI iSHEILD 360 (Insurance Policy against Home Loan)Crop
