Question
a.
Minimizing income tax
b.
Maximizing property and assets
c.
Smoothly distributing one's estate after one's demise
d.
Gaining maximum tax benefit
Posted under IC38 Life Insurance Agent Exam
Interact with the Community - Share Your Thoughts
Uncertain About the Answer? Seek Clarification Here.
Understand the Explanation? Include it Here.
Q. What is the main objective of estate planning?
Similar Questions
Explore Relevant Multiple Choice Questions (MCQs)
Q. What is the primary purpose of tax planning?
View solution
Q. Under which section of the Income Tax Act in India are life insurance premiums eligible for deduction?
View solution
Q. What is the maximum deduction allowed for life insurance premiums under Section 80C of the Income Tax Act in India?
View solution
Q. How are death claim amounts from life insurance policies treated for income tax purposes in India?
View solution
Q. What is the primary objective of financial planning?
View solution
Q. What are the three types of financial products needed based on the individual life cycle?
View solution
Q. What has increased the need for financial planning in modern times?
View solution
Q. When is the best time to start financial planning?
View solution
Q. Which of the following is not one of the financial planning advisory services?
View solution
Q. Which among the following is not an objective of tax planning?
View solution
Recommended Subjects
Are you eager to expand your knowledge beyond IC38 Life Insurance Agent Exam? We've handpicked a range of related categories that you might find intriguing.
Click on the categories below to discover a wealth of MCQs and enrich your understanding of various subjects. Happy exploring!
