maximum amount to be saved or invested


This query is : Open 

27 April 2009

X is a salaried employee earning 15 lakhs per year.

what are the total amounts that can be saved or invested under all sections from 80 c to home loans and fixed deposits in banks (for 5 years) and other provisions if any

m a padmanabhan

27 April 2009 Rs.100000 in investments.

If he do not own a residential property then he can take a loan for which Rs.150000 will be allowed as a deduction.

27 April 2009 He can claim the entire interest on house propery loan if the house is let out. The can make Rs 15K towrds premium paid for medical insurance.


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