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Best way of claiming deductions of rs. 1 lacs

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(Querist)
09 July 2013 Please suggest the best way to claim maximum deduction with minimum investment for a salaried person.
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V K Bajaj

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V K Bajaj (Expert)
10 July 2013
1. PPF it gives tax free interest income.
2. LIC as it covers life risk also.
3. Tax Saver Fixed Deposit in Bank.
4. Post Office Schemes.
5. There are other schemes also like Mutual Fund.

Tax benefit on investment of Rs. one lakh only.

Note: One can divided this Rs. One Lakh in two or more options.Not necessary to invest in one scheme only.

contact@vkbajaj.co.in
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