I have, say,
- 2 LICs with Annual premium p.a. totalling Rs 2,10,000.00
- 2 LICs with Annuity payment p.a. totalling Rs 1,90,000.00
- 1 LIC in the name of minor daughter with Annual premium p.a being Rs 98,000.00
- My income from salary p.a. Rs 2,51,000.00
- 1 FD maturity having Rs 1,80,000 principal and Rs 30,000.00 interest.
I need not pay taxes earlier, but this year I am eligible I think.
Please suggest, given the following scenario, which exemptions I am entitled to?