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Tax saving strategies

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(Querist)
16 July 2014 Will You please suggest some tax saving strategies for salaried people and some good investment plan yielding higher returns and less tax
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Rupesh Jain

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Rupesh Jain (Expert)
16 July 2014 you can invest in PPF intt. 8 %

or in NSC , tax saving mutul fund, Life insurance , medical insurance.

for higher growth you take higher risk for that you can invest in equity oriented tax saving mutual funds.
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CA Parul Saxena

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CA Parul Saxena (Expert)
16 July 2014 1.Invest in 5 years term deposit of banks.
2.If your PF is deducting then you will get deduction on that amount.
3.Invest in PPF account its interest also is not taxable but this is long term investment of 15 years.
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