4 Replies to “How to save tax by making investments?”

  1. As per our indian IT laws you can reduce your tax by making investments under Section 80C

    Section 80C – The section 80C of the IT laws provide exemption from income tax on amounts that are invested by the individual. This usually includes the amount the individual invests in certified instruments that are exempt from tax. They are:

    a. PF – Provident Fund (A portion of your salary is deducted by your employer as PF and would be remitted to the PF house that is maintained by the government of India. A maximum of 12% of your basic Salary is eligible for exemption from income tax)

    b. PPF – Public Provident Fund – A maximum of Rs. 70,000/- per financial year.

    c. ELSS – Equity Linked Savings Scheme (Mutual funds)

    d. NSC – National Savings Certificate

    e. KVP – Kisan Vikas Patra

    f. Life Insurance (Insurance provided by LIC & Other registered Insurance companies)

    g. Tax Saving ULIP’s – Unit Linked Insurance Plans

    h. Principal amount repaid as part of the Home loan

    A point to be noted here is that the sum total of all these components can be a maximum of Rs. 1,00,000/- per financial year.

  2. hai friend your question is how to save tax making through investment
    if u want to save tax you invest your money to taking insurance policies and take bonds issued by govt and some policies are there that is like nsc &others more than information u want email send to me my name is ashok kumar my email id is [email protected]

  3. you can save tax by investing your amount according to the tax slabs of 2008-2009. u/s 80c,80(d) and 10(10d)
    For that you can contact deepti 9910674549
    or can mail her on [email protected]
    she’ll help you in this regards

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