Hi I'm working in MNC from Aug 08 n my Salary is Rs.18,000 p.m. but before that i was in another office there my salary was Rs. 7,000 p.m.(till Jul 08) I hav LIC policy which I pay a premium of Rs.521 p.m.(2,084 p.a.)How much tax i hav to pay. Please mail me on my mailing address i.e, shaikhsharif_3103@rediffmail.com
Sir, My Gross salary is 2.8 Lacs per annum, I've not invested in any policies so please guide me how to invest. My Mail ID: ritendraamit@rediffmail.com
RE:How to Save Tax ?
by Prathamesh PPatil on Feb 25, 2008 06:14 PM
i think you should first of all need to invest in life insurance policies as a security to your life. You can invest in insurance policies, tax savings Mutual funds, F.D's above 5 yrs., also various investments like Kisan Vikas Patra, NSC, etc. upto Rs.1,00,000/-. In addition to this you can have Mediclaim policy or Health Policy upto Rs.15,000/- which can benefit you in addition to Section 80C benefits.
i have not made any investments as of now to save tax. all i have is my rent receipt which rs.6500/- per month. my ctc is 7.48lakh. please advise what best can be done now
Sold flat for 15L in Nov'07 and I purchased the same in Oct'05 for 10L.Total gain is 5L.Please guide me.Cannot go for purchase of flat/house in near future. What could be the tax per lac.
According to my knowledge, there is no such policies under 80D where you can have any return if you absolute healthy during the insurance cover. So it sounds you just give money without any reason. For a young guy isn%u2019t it better to a tax(maximum) of 30% to government and put 7000 in his/her pocket?
Is there any scheme under 80D which cover medical insurance and also have money back policy?
