one of my uncle got retired in the month of May and he got retirement amount of around 25 lakhs. he retired as govt employee. now he is in a dilamma of where to keep this amount. means in FD, or any other tax saving modes.
any one please suggest the various modes he can save the same to gain tax exemption
he is planning to invest for short term purpose. please share the various modes of investment so as to increase the value and save tax.
please share your opinions on this as early as possible.