Investment of 50000/ for tax benifit.

Jay 1
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Hi Pankaj,

I am a salaried person, i can show a total of 1 lakh for tax exemption from my over all CTC. I have already shown a LIC with a premium of rs 25,000.00 and another 12 thousand in HDFC SIP tax advantage plan. The rest around 15k is shown by my company as medical claims. Now i have a balance of 50k which i need to show for tax exemption. Can you please let me know in where i have to invest so that i can get a guaranteed return. I have less knowledge in this areas.

Please guide me..

Thanks, Jay

fixed-deposit section-80c tax-exemption tax-saving income-tax life-insurance
1 Answers

If you want a guaranteed returns without any risk, there are options like PPF, five year fixed deposits or NSC.

Also, please go through following existing answers:

  1. Investment Advise
  2. Tax SAving
Pankaj Batra5212
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