2007-01-31 16:50:43 · 2 answers · asked by msrv2005 1 in Business & Finance ➔ Taxes ➔ India
You can not save tax by depositing any amount of money in bank saving account. You can save tax by getting Fixed Deposits from your bank not by depositing in saving account.
You can save tax by getting FDs, investing in Mfs, getting Life Ins etc upto Rs.1lac.
I would suggest you to take services of some tax professional in this regards as he is going to suggest you the best way to minimize your tax liability in a legal way.
Also he is going to suggest you the best tax saving instrument according to your requirement so as to maximize your gain.
You can contact me at agarwalapurav@yahoo.co.in
It is better to be safe than sorry later. Plan your strategy in advance to avoid last minute hurries and worries.
2007-01-31 21:10:04 · answer #1 · answered by apurav a 3 · 1⤊ 0⤋
One Laks (1,00,000) Rupees Only
2007-01-31 17:34:55 · answer #2 · answered by suresh b 3 · 0⤊ 0⤋