suppose my salary is 5lac per annum,in which i get some allowances such as medical of 2200/- and conveyance allowance of 2200/-,i get HRA as 6000/-,2000 is cut in Provident fund per month.and remaining monthly income can be count as adhoc and basic salary. Now at the end of the yr tell me how much tax i have to give??
and How cud i save it ??What policie will i have to take??
shud i go for ELSS, MF’s, FD,or LIC’s, or ULIP’s ??
Please also tell me the way in which i can save my full tax.and i dont wanna take any loans on me , i wanna save my tax by taking policies or by investing my money under some tax benefit policies. Is it possible