POSTED BY April 21, 2012 1:57 pm COMMENTS (5)ON
I am planning to invest in Canara Robeco Equity Tax Saver by starting an SIP of 3000 per month
and want to continue for 7 years.
But need a small clarification for tax saving.
1) Is it that the 36000 rupees (3000*12 months) comes under 80c only for the first year ?
2) Or that 36000/- comes under 80c every year for all 7 years ?
Krishna Kishore Appala