Advise to save tax

Hi Pawar,

Your client can save tax by taking a mediclaim policy for himself,spouse and children and depnedent parents where in , in case for himself,spouse and children he will get a deduction of Rs.15000/- and in case of dependent parents an addtional amount of Rs.15000/- (if parents are senior citizens, addtional Rs.5000/- can be deducted).

From this FY.2012-13, apart from the mediclaim insurance policy, you can also spend upto Rs.5000/- towards preventive medical check and claim as a deduction which falls under the same section.80D.

I didn't find anyother simple way apart from the above to save tax.

hiiiiii Ameya ji

Pls provide me break-up of net income from salary 472569/- so i can help you

basic salary ??

hra ??

allowance ??