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Tax saving schemes? I'm living in India ( Andhra Pradesh )?

May I know in which ways I can save tax, I want to know all the details like,

Insurance

Mutual funds,

Tax saving shares & etc,

May I know where can I get all complete details?

1 Answer

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  • HMT
    Lv 7
    1 decade ago
    Favorite Answer

    Deduc. u/s 80C:

    1) Contributions to EPF, VPF, FPS, Approved Superannuation Fund.

    2) Contributions to PPF.

    3) To premium paid for Life Insurance Policy of self/spouse/children, ULIP, Dhanraksha.

    4) To NSC VIII issue / accrued interest on NSC.

    5) To schemes of PSU's providing long term housing finance.

    6) Time deposits with Post Office.

    7) To ELSS of Mutual Funds.

    8) Repayment of home loan principle.

    9) Tuition fees of full time education for 2 children.

    10) Investments in Infra-structure bonds.

    11) Investments in Bank Fixed Deposits for 5 years.

    12) Investment in Pension fund.- u/s 80CCC

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