Dear Manish,
Refer investment plan
|
|
|
|
net income |
335335 |
|
HRA |
23205 |
|
PF |
27770 |
|
LIC |
13944 |
|
MEDICAL |
9500 |
|
TERM INSU |
4262 |
|
LTA |
|
|
PPF |
10000 |
|
FINAL AMOUNT |
246654 |
|
SUR PLUS AMUNT |
46654 |
|
Intrest Income |
15000 |
|
total |
61654 |
|
TAX AMOUNT |
6165.4 |
As above mentioned to avoide tax libility by inceasred in PF,INSURANCE POLICY,TAX FREE FD,BOND,OR NSC ETC.
But as intrest of no debt investment product can i avoide tax liability by income sibling or gifting method?
if yes how?