Tax Saving

You can invest Rs.20,000/- u/s 80CCF.

why u dont want to pay any tax

u should pay some tax

i don't advise u to invest Rs. 20,000/- u/s 80CCF as it will save ur tax liability of Rs. 2,060/- other point is  interest receivable on such investment will be very less and u hve to stay in this investment for a minimum period of 3 years.

But u can take the mediclaim policy u/s 80D of Rs. 15,000/- for urself , spouse and children plus u can also take the policy for ur parents for which u will get an extra deduction of Rs. 20,000/-.

I suggest u to pay the tax after such deductions.

you can invest in Rs. 20000/- in Infrastucture Bond & Rs. 15000/- in Mediclaim Policy (80D)

Mr. Mayur he will get only additional 15,000 for parents. in case any of the parent is senior citizen then only limit is 20,000.

You are right Anand Sir he will get Rs. 15,000 for parents if they are below the age of 65 years.