Ceiling on tax savings fixed deposit amount

Dear Experts,

 

Please let me know current maximum of amount that could be deposited in tax savings fixed deposit account.

 

Regards,

Govindarajan

Replies (2)

Yes.. You can make tax saver FD of 1.5 lac since the limit for 80C for FY 2014-15 is increased to 1.5Lac

Originally posted by : Madhavi Pandit
Yes.. You can make tax saver FD of 1.5 lac since the limit for 80C for FY 2014-15 is increased to 1.5Lac

Dear Experts,

Can I get the notification number, if any.

Regards,

Govindarajan

 

 

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