Utilisation of 100% deductions!


This query is : Resolved 

(Querist)
10 March 2015 what is the best option to invest for 100% (1 lac) utilisation of deductions for tax saving purpose. either Lic / Fd / bonds/ or any other manner of investment. plz help me out...

11 March 2015 The best option in my opinion is tax saving FDR and PPF as these not only qualify for tax deductions but also give higher rate of interest. But it all depends on your objective if you are looking for security of life than LIC will be the option.


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