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 asked Dec 27 '11 at 00:12 by Jay 1●1●1●1 |
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: answered Jan 02 '12 at 13:45 by Pankaj Batra 5.2k●3●20 |