I am state govt employee, I had sufficient balance in my EPF account. I want pay LIC premium from EPF Balance. Can I get the tax deduction as paying LIC premium through EPF account?
Yes, you can pay LIC premium from your EPF balance. Also, you will enjoy the same tax benefits as that of regular LIC premium payment.
Can I get both deduction from pf contribution and as well as lic premium payment that actual premium amount which I had contributed to pf