person expected income 1600000
expected pf 70000, tution fees 30000
where to make investment to get maximum tax benefit ?
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income tax
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Tax Saving FD, ELSS, PPF, NPS, SIP
u can investment as per section 80c in LIC in favour of spouse, children,mother, father, fixed deposit in bank, post office for 5 yaer or above, PPF Account.
maximum deduction u/s 80c is 150000/-
u can invest pension saving scheme and get more 50000/- deduction u/s 80ccd
total deduction available up to 200000/-
maximum deduction u/s 80c is 150000/-
u can invest pension saving scheme and get more 50000/- deduction u/s 80ccd
total deduction available up to 200000/-
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