Tax saving options after DTC comes into effect

Hi I am going to join the new job from Nov . My CTC is 3.15 lakhs and HRA is 3,880 and Conveyance all is 800 and LTA is 808 and food coupons 500 and personal allowance 2880 and sundry medical reimbursement 500 all of the above per month and my basic salary is 9700p.m. and variable allowance is 5500 and PF and gratuity are 1,164 and 467 respectively all per month totaling up to 26,199 . How much will the tax come to and if I invest in equities can I claim it under any exemption without going through ELSS. If DTC comes into effect how will it affect my Tax saving options ?

asked May 27 '11 at 07:16 by Thena 1111

answered May 27 '11 at 15:08 by Pankaj Batra 5.2k320


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Asked: May 27 '11 at 07:16

Seen: 2,700 times

Last updated: May 27 '11 at 15:12