|
| This query is : Open
|
Author : Anonymous
( Author ) 10 June 2012
|
hi i am having 7,80,000 sal pa. up to how much exemption i can get where can i invest the amount for saving the tax
|
|
|
|
CA PARAS BAFNA
( Expert ) 10 June 2012
|
You can invest Rs. 100000/- in LIC, PPF< NSC, 5 Yrs Tax Savings FDR etc. You can get Deduction upto amount invested or Rs. 100000. For other Savings Schemes refer Section 80C . You can claim Deduction towards Medi-Claim Premium also upto Rs. 15000/ for self and your family out of which Rs. 5000/ can be claimed towards preventive health check up. For Parents also separate deduction of Rs.15000/20000 also available. .
|
|
|
|
|
 Previous
 Next |
|
You need to be the querist or
approved
CAclub expert to take part in this query .
Click here to login (
) now
|
| Similar Resolved Queries : |
|
|
|