My monthy earning will be gross (1,30,000) and net (1,10,000).
Kindly help me to calculate my income tax.
Thank You.

Tax Advisor? I need to invest Rs 25000/- in tax saving schemes?

I am a software developer. Kindly suggest me some investment options wherein this amount is exempted from taxable income. Also, after investment the income arising out of the same is also relieved from tax (it is **not mandatory** requirement).

I have already invested in PPF and NSC and have taken LIC policies of long terms. I am looking for making investment wherein the amount is not locked for a longer duration and also at the maturity the tax burden should be minmum. I am not interested in making investment to equity market so please dont suggest me MFs which purely invest in equity market. Mutual fund investing in other than equity market yielding moderate rate of returns (somewhere around 10%-12%) would do.

If you have any other suggestion, kindly share it with me so that it helps me in making decisions.

Value of money after 25 years !!?

i am 30 yrs old. I am planning to invest 70k in PPF every year and after 25 years it will come around 50 Lakhs. I want to know if there will be any value for 50 lakhs 25 years down the line. Other than tax benefit does PPF really gives us social security with such money after a very long time. %0 lakhs looks a big amount now, but after 25yrs, i am just confused. WIll it have a value.

Kindly place ur advice and suggestions. Does Public provident fund(PPF) make a good investment decision or is it just a tax saver with no useful value money when u get it back after 25yrs.