medical / critical illness insurance enquiry
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 Nov 9 2011, 08:43 PM
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#1
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Junior Member
83 posts Joined: Jan 2009 From: mummty's tummy..^^  
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QUOTE(umapathy @ Nov 9 2011, 08:21 PM) Hai Bro, Initially u only can deduct from ur earning 1k for medical. now u can enjoy thre relief up to 3k,How is it good? Care to explain. Thanks  not very big amount if ur taxable income range is over 100k . haha |
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Nov 9 2011, 09:55 PM
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#2
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Junior Member
83 posts Joined: Jan 2009 From: mummty's tummy..^^
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QUOTE(rekamaju @ Nov 9 2011, 09:31 PM) I think different Luckily u corrected me... My mistake included annuity with the medical... ><!Presently tax relief is:- Life Insurance & EPF = RM6,000 Medical & Education Insurance = RM3,000 Annuity = RM1,000 now increase to RM3,000 Please understand that tax relief is only an incentive to invest and protect your self People who are serious about wealth creation and protection can achieve more with proper information and planning even without this incentive |
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