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Tax sheltered variable annuity is

Question:

Tax sheltered variable annuity is

A.

A device for availing tax exemption in an Investment

B.

A device for avoiding tax payment

C.

A device deferring the payment of federal income taxes

D.

A device for earning tax deduction.

Answer» d. A device for earning tax deduction.

Note: The above multiple-choice question is for all general and Competitive Exams in India