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IndiaInsurance
16th April 2013, 04:22 PM
Normally people do their investment planning at the fag end of the month of March, hence majority of life insurance policies are purchased on tax considerations only and that too in the last quarter of the financial year.

More... (http://www.moneycontrol.com/news/life-insurance/life-insuranceits-tax-implications-_853335.html)