POSTED BY March 13, 2014 3:25 pm COMMENTS (8)ON
I’m 36 year old self-employed.
How much can I invest to save tax on my income? I assume it’s 1 lakh.
I have read PPF and ELSS MF would be the right options apart from medical and term insurance. I have term and medical insurance. The premium per year is Rs. 17000 (both insurance included), so I am looking for advice where and which % should I invest rest of this Rs.83,000 for this year ending 31st March, 2014.
ELSS MF which is best and should I pay lump-sum for both PPF and ELSS MF?