Tax saving

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Querist : Anonymous

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Querist : Anonymous (Querist)
11 February 2015
Respected Sir

I am an govt. teacher, I have earning the salary of Rs. 302000/- PA. in the FY 2014-15, but I have no tax saving. So sir please tell me the tax saving sachem with tax saving FD which is invest.

Thanks

Jaspal Singh

11 February 2015 If you invest Rs.32,000 in tax saving FD in any nationalized bank for 5 years, no tax will be payable by you.


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