ways I can save tax

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....ays I can save tax<br> Query (Issue) Started By: - Sandesh Ugale Dated:- 3-3-2016 Last Reply Date:- 3-3-2016 Income Tax<br>Got 1 Reply<br>Income Tax<br>Im writing this information on behalf of my fath....

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....er because like to know ways I can save his tax. Facts and figure: He is government employee. Annul income: 10 Lakh Retirement: 2017 Loan: 2 loans Home: no Land: yes Investment: NO LIC: yes ....

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....Medi-claim: NO Reply By Ganeshan Kalyani: The Reply: You have said 'Home - No' which implies that Loan as cited is a personal loan. Hence no deduction. You have not mentioned the Lic premium amount. ....

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....This is eligible for deducted u/s 80C. Further PF is deducted by your father employer is also deductible, Further there are so many avenue to make investment to save tax. For eg LIC, PPF, NSC, NPS, Bo....

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....nds, Mediclaims etc.<br> Discussion Forum - Knowledge Sharing ....