For the financial year 2020, the Department of Income Tax has issued a guideline for the tax payers mentioning all the tax filing deadlines. This calendar is designed to make it easier for individuals to file their Income tax return and match their journey.
The income tax department also sent out an email to the taxpayers mentioning that they hope this calendar will make the tax-filing journey easier for all of them. The important due dates in the calendar are given below so that the taxpayers do not miss a thing. If you haven’t filed your ITR for the last year then you have time till March 31, and the dates go as follows:
˜The insurers/plans mentioned are arranged in order of highest to lowest first year premium (sum of individual single premium and individual non-single premium) offered by Policybazaar’s insurer partners offering life insurance investment plans on our platform, as per ‘first year premium of life insurers as at 31.03.2025 report’ published by IRDAI. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. For complete list of insurers in India refer to the IRDAI website www.irdai.gov.in
*All savings are provided by the insurer as per the IRDAI approved insurance plan.
^The tax benefits under Section 80C allow a deduction of up to ₹1.5 lakhs from the taxable income per year and 10(10D) tax benefits are for investments made up to ₹2.5 Lakhs/ year for policies bought after 1 Feb 2021. Tax benefits and savings are subject to changes in tax laws.
¶Long-term capital gains (LTCG) tax (12.5%) is exempted on annual premiums up to 2.5 lacs.
++Source - Google Review Rating available on:- http://bit.ly/3J20bXZ

